Tesco's Business: Analysis of Internal and External Influences

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Added on  2023/06/18

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This report provides an analysis of Tesco, a multinational supermarket retail company based in the United Kingdom, focusing on the internal and external factors that influence its business operations. Internal factors such as organizational structure and human resources are examined, alongside external factors like political influences and currency rate fluctuations. The report highlights how these factors create an impact on the organization, additionally explaining the various ways in which the business can impact the external environment. By illustrating these points with the example of Tesco, the report aims to provide a comprehensive understanding of the dynamics between a business and its environment.
Document Page
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
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