Impact of External and Internal Factors on Business Environment of Tesco

Introduction
Business can be defined as the enterprise which are
engaged in commercial activities like buying and selling
of products and services. Businesses can aim for profits
and providing services to societies.
Business Environment of Tesco
External factors
• Political
• Economic
• Technological
• Legislative
Internal factors
• Culture
• Motivation
• Employees
Impact of external
factors on business
• Political
• Social
• Economic
References
• Blewitt, J.M., Parsons, A. and Shane, J.M., 2018.
Service learning as a high-impact practice:
Integrating business communication skills to benefit
others. Journal of Education for Business, 93(8),
pp.412-419.
• Del Giudice and et. al., 2018. Emerging perspectives
on business process management (BPM): IT-based
processes and ambidextrous organizations, theory and
practice. Business process management
journal, 24(5), pp.1070-1076.
Conclusion
From this Poster presentation, it is concluded that that the internal
and external factors have a great impact on the business
environment of TESCO. It is important for businesses to evaluate
the factors which can have impact on there business environment.
Internal analysis focuses on the factors which create an impact
within the business and helps in recognizing strengths and
weaknesses of the company.