Tesco's Business Environment: Analyzing Internal and External Factors

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Added on  2023/06/18

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This essay provides an analysis of Tesco's internal and external environments, highlighting the factors that impact the company's development and strategic objectives. The internal factors focus on Tesco's strengths, particularly its financial turnaround and strong performance during the pandemic, driven by growth in online sales. The external factors discuss the influences and situations that affect the decision-making of the business, owners, and stakeholders, emphasizing the direct impact these factors have on the business's ability to achieve its strategic goals. The essay concludes by referencing the impact of the company within its context, emphasizing the importance of understanding both internal capabilities and external environmental forces for strategic success. Desklib offers more solved assignments and study resources for students.
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Introduction
If any of the business that wants to be
get successful within the marketplace,
this is necessary for any of the
company to get understand the factors
that get impact on the development of
the company.
TESCO INTERNAL AND EXTERNAL
ENVIRONMENT
External Environment
The external factor is those of the influences
as well as situation that business cannot get
affect the decision of the business as well as
owner and stakeholder. Also, there are large
number of external factors that can have the
direct impact in the capabilities of the
business to get achieve its strategic
objectives.
How the company impact
its context External
Environment
The external factor is those of the
influences as well as situation that
every business can not get control the
affects of the decision making within
the business the owners as well as
stakeholders. Also, there are also
large number of the external factor
that will have a direct impact on the
capabilities of the business to get
achieve their strategic objectives
Internal Factors
Strength- many of the strength of
Tesco will come from the magnificent
turn around. There are some of
strength of Tesco that will turn into the
financial turnaround of 6.4 billion till
the annual report of 2015 as well as
there is strong performance during the
pandemic, the growth of Tesco will
come from the boosting its online
sales
References
AlMulhim, A.F., 2021. The role of
internal and external sources of
knowledge on frugal innovation:
moderating
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