Internal and External Factors Impacting Tesco: Business in Practice

This report discusses the impact of internal and external factors on Tesco, including organisational structure and human resources, as well as political factors such as currency rate fluctuations. The report also explains how businesses can impact the external environment. The references used in this report are Kareem (2018), Nurani et al. (2020), and Thang (2021).

Introduction
Business the term activity in order to make money by
manufacturing and purchasing and selling products and
services in the Marketplace. This report going to explain
about the internal and external factors which create impact
on the organisation and also going to explain about the
several ways through which the business can impact on the
external environment. In order to explain about the external
factors and how the business can impact on the external
environment this report going to illustrate about the Tesco
organisation which is largest retail company in United
Kingdom(Kareem, 2018)
Business In Practice
External factors
• Political Factors:
• Coinage rate fluctuation
Internal factors
1. Organisational structure
2. Human resources
References
Kareem, T.S., 2018. Impact of inventory management practices
on. Soutsmall and medium enterprises manufacturing subsector
in Oyo State, Nigeriah Asian Journal of Social Studies and
Economics, pp.1-8.
Nurani, N., Nurjanah, R. and Prihantoro, I., 2020. PalArch's
Journal of Archaeology of Egypt/Egyptology, 17(10), pp.3878-
3896.
Thang, N.M., 2021. The Impact of Outsourcing on the
Performance of Small and Medium Enterprises in Vietnam.
European Journal of Business and Management Research, 6(3),
pp.208-215.
Overview of the company
Tesco is a multinational Supermarket retail company
which is situated in welcome Garden City United
Kingdom. This is a British multinational grocery and
general Merchandise company. The founder of Tesco
organisation is Jack Cohen. The organisation is providing
variety of the product and services in order to attract more
consumers towards the organisation and get several
important in the Marketplace in order to become
successful.
Explain how internal and external factors impact on the
TESCO