TESCO's Environment: Evaluating Internal, External Factors & Impact

This report provides an analysis of the internal and external environmental factors affecting TESCO, a multinational grocery and general merchandise retailer. It defines a business as a group of people working together to generate profit while maintaining social responsibilities. The report examines various macro environmental factors that influence TESCO's decision-making processes, including political and social elements. It also explores internal factors, such as employee behavior and management practices, and their impact on the company. Furthermore, the report discusses how TESCO, as an organization, shapes the external environment through its operations, considering social and economic impacts. The analysis is supported by references to academic sources, providing a comprehensive overview of TESCO's environmental context.

Introduction
The term business or organization may be define as
the group of people who work together to generate
more profit for the owner or for the stakeholder and
maintain the social responsibilities is called Business.
This report discussed about the different types of
external and internal factor which affect the business
of TESCO and how this organization affect the
external environment.
TESCO And Its Environment
External Environment
There are different macro environmental factors which affect
the business as it influences the decision making of the
company. Different external factors and its impact on company
is explained below-
• Political
• Social
How the company impact
its context External
Environment
The organizations play an important role in shaping
the external environment as they work in it. They
mould their impact on the environment. Some of the
factors which affects the external environment are
as follows-
• Social
• Economical
Internal Factors
The internal factors also play an essential role in
business as it influences the companies as they have
the control over the resources, services and working
of the business. its impact on business is explained
thereunder-
• Employees behaviour
• Management
References
• Ceil, C., 2018. Exploring Internal and External
Environment to Find Recommendations for
Tarmac. Available at SSRN 3520576.
• Ratten, V., Ferreira, J.J. and Fernandes, C.I.,
2017. Balkans entrepreneurship: the role of
internal and external knowledge for business
creation. World Review of Entrepreneurship,
Management and Sustainable Development.
13(2-3). pp.126-140.