Tesco and its Environment: Internal and External Factors

Introduction
External and internal environment in an organisation is
associated with providing significant impact to the business
which is leading the business to gain higher succession
opportunities.
Tesco and its environment
External Factors
External factors are defined as such extrinsic aspects
which cannot be controlled by the business but at the
same time these factors are having direct impact over
organisational functions. External factors are directly
associated with strategic business objectives and helpful
in managing competition as well.
Internal Factors
Internal factors can be categorised as various factors which
are associated with the organisation and these can be tangible
and intangible in nature. These are the factors which are
linked with positivity and negative aspects of the
organisation.
References
Fleaca, B., 2018, June. Organization and business environment collaborative model to increase the innovation capacity. In
Proc. Int. Conf. Knowl.-Based Org. (pp. 296-301).
Glukhova, L.V., Syrotyuk, S.D., Sherstobitova, A.A. and Gudkova, S.A., 2019. Identification of key factors for a
development of smart organization. In Smart Education and e-Learning 2019 (pp. 595-607). Springer, Singapore.
Inoni, O.R., Salami, C.G.E. and Olannye, A.P., 2019. Effects of Internal and External Factors on Organizational Buying
Behaviour: A Review of Extant Literature. Izvestiya, (3), pp.216-237.
Overview of Tesco
Tesco plc is a British multinational groceries and general
merchandise retailer headquartered in Welwyn Garden City,
England. It is the third-largest retailer in the world measured
by gross revenues and the ninth-largest in the world
measured by revenues.