Internal and External Analysis of Tesco and Its Impact on the Environment
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Added on  2023/06/17
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This poster provides an internal and external analysis of Tesco and its impact on the environment. It covers the impact of Tesco on external factors such as political, economical, social, and technological factors, as well as the impact of internal factors such as organizational culture and employees.
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Introduction Thepresentreportcoversaninternal&external analysis of TESCO along with an impact of business on the external environment. The main motive of this poster is to demonstrate the understanding about the international and external factors of the organisation. Tescoand its environment External factors The external environment is a composition of various outsideforcesthatareuncontrollableinnature. The external factors are: Political:For TESCO the political environment is always favourable as the government supports business through encouragingitasthecompanyprovideshigher employment opportunities to the economy. Economical:Due to the happening of Brexit, there is a great negative impact upon the businesses as well as on the economy due to which TESCO has experienced a negative impact upon the business (Franco, 2021). Social:The organisation TESCO is offering those food items which are highly accepted by society people due to which they are able to have a favourable reaction from the society and enjoys its position. Technological:TESCObeingamultinationalretailer always adopts latest technology in its operation due to whichitisabletosustaininmarketandstayin competition with rival firms. Internal factors The internal factors for TESCO are: Organisationalculture:Theorganisational culture of TESCO is highly structured and is properly managed by its CEO due to which each employee's are having a clear idea for their responsibilities. Employee's:The employee's of TESCO are highly dedicated to their work and carries a positive attitude with the help of which they are abletoachievetheirobjectiveseffectively (Ghotge and et. al., 2020). References Fatricia, R.S., 2017. STRATEGIC ANALYSIS OF TESCO SUPERMARKET.Jurnal Manajemen Terapan dan Keuangan. 6(2). pp.69-86. Franco, S., 2021. The influence of the external and internal environments of multinational enterprises on the sustainability commitment of their subsidiaries: A cluster analysis.Journal of Cleaner Production,297, p.126654. Organization impacts external environment The impact of TESCO upon external factors are:: Political:TESCO is a business which operates at large level and pays higher taxes to the government. If the company generates less revenue so this will lead to the reduction in government's treasury. Economical:TESCO employee's huge amount of labourwhichhasagreatimpactuponthe development of economy and their lifestyle. Social:TESCO has a power to influence the market demand from its offerings such as in large variety and in every retail sector (Samusenko, Plaskova and Prodanova, 2020). Technological:TESCO can impact the technological environmentthroughinvestingmore fundsin its acquisition. Impact of internal and external factors Conclusion From the above report it can be concluded that a proper analysis of external and internal factors is very important for a smooth functioning of a business. The external environment comprises of factors that has a force from outside the companyandinternalincludeswithinthe organisation.