Impact of Internal and External Factors on Tesco Plc: PESTLE and SWOT Analysis
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Added on Ā 2023/06/14
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This presentation discusses the impact of internal and external factors on Tesco Plc, a British multinational organization dealing in groceries and retail industry. The presentation includes PESTLE and SWOT analysis to evaluate the factors affecting the business of the organization.
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Internal and external factor
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Table of contents ļµIntroduction ļµTask ļµPESTLE analyzed ļµSWOT analyses
INTRODUCTION Internal factors refers to those factors which are present inside the organisation and impacts the business in different aspect. The external factors refers to those factors of the organisation which are present outside the organisation and impacts the organisation's business in both positive and negative. It is very important for the managementoforganisationthattheyevaluatethesefactors effectivelyanddevelopeffectivestrategiestodealwiththese strategies. The organisation which is chosen here to demonstrate this report is Tesco plc. This report states brief discussion related to impact of internal and external factors are given below:
About the company Tesco plc is a British multinational organisation which deals in groceries and retail industry of United kingdom. The headquarter of the company are situated in Welwyn garden city London. Tesco is the third largest retailer of the world in regard to revenue and also the market leader of United Kingdom which is around 28% market share. There are different type of internal and external factors are present in inside and outside the organisation which has impacted the businessof the organisation. These internal and external factors are briefly understand by the concept SWOT and PESTLE analyses which are described below:
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PESTLE analyses It is related to those analyses which enables the user to evaluate the impacts of various external; factors on the business of the organisation. There are different types of factors are present in this type of analysessuchasPolitical,Economic,Social, Technological, Legal and Environmental. It is essential for the management of organisation that they effectively evaluates the impacts of these factors on the business of the organisation. The market of United Kingdom are one of the most diverse market which requires more focusfromthemanagementofTesco.Thebrief discussion related to explanation of these factors are given below:
Culture Culture refers to the belief and tradition followed in the organisation. The cultureoftheorganisationplayedimportantroleinthemotivationof employees .If the culture of the company promotes employee benefits and right then the motivation of their employees becomes high and their performance can be improved. ļµPower culturePolitics ļµTask Culture ļµPerson culture ļµRole culture
Politics It is related to those activity of the organisation which is done bysomenegativeemployeesoftheorganisation.Itisvery important for the management of the organisation that they analyse the politics in their organisation so that the employees areprotectedfromthisnuisancefactoroftheorganisation. Therearemanynegativeimpactshastofacebythe management in regard to politics such as negative growth, less productivity, strikes and many more.
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SWOT analysis of Unilever Plc SWOT can be described as internal and external analysis that identify different factors present in business. It is important for business as it allow them to identify factor like strength, weakness, opportunity and threat. Explanation of this analysis in context of Tesco Plc is mentioned below:
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REFERENCES ļµde LoĆ«, R.C. and Patterson, J.J., 2018. Boundary judgments in water governance: Diagnosing internal and external factors that matter in a complex world. Water Resources Management, 32(2), pp.565-581. ļµDoan, C.D., Tavernier, I., Okuro, P.K. and Dewettinck, K., 2018. Internal and external factors affecting the crystallization, gelation and applicability of wax-based oleogels in food industry. Innovative Food Science & Emerging Technologies, 45, pp.42-52. ļµHinderliter, H., Xie, Y., Ladendorf, K. and Muehsler, H., 2021. Path Analysis of Internal and External Factors Associated with Parental Satisfaction over K-12 Online Learning. Computers in the Schools, pp.1- 30.