Tesco’s External Environment - Business in Practice

Introduction
Tesco is a global business institution which
occupies one of the strongest positions in
the UK supermarket and retail market
sector. The company was incorporated in
the year 1919 by Jack Cohen.
Tesco’s External Environemnt
Name of the Student
Impact of External Factors
•Political – Expansion, regulation of Tesco in foreign countries
•Economic – Revenue margin, Investments, Tax reforms, Sustainability
•Legal – Adhere to business legislation and legal formalities of UK
•Technology – Facilitate tech based up-gradations and advancements
Tesco’s impact upon External Environment
•CSR operations of Tesco provide necessary
assistance to underprivileged.
•Tesco’s environmental plan encourages
waste management and eco friendly
practices.
•Increase the scope for cross border trading
and business operations .
•Generation of employment opportunities
in the society.
Impact of Internal Factors
•Production Capacity – Cater to the
demand requirements of Tesco
•Resource Utilization – Impacts the
productivity of operations
•Service Quality - Level of Customer
Satisfaction
•Organizational Culture - Effects the
working conditions and attitudes of
workforce
•Leadership approaches and practices –
Directs the employee Satisfaction
References
Cherunilam, F., 2021. Business environment. Himalaya Publishing House Pvt. Ltd.
Rosnizam, et.al, 2020. Market Opportunities and Challenges: A Case Study of Tesco. Journal of the Community Development in Asia
(JCDA), 3(2), pp.18-27.