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Various Aspects of Managing Information and Technology

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Added on  2019-12-28

Various Aspects of Managing Information and Technology

   Added on 2019-12-28

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MANAGING INFORMATIONAND TECHNOLOGY1
Various Aspects of Managing Information and Technology_1
Table of ContentsINTRODUCTION ...............................................................................................................................3REPORT ..............................................................................................................................................3CONCLUSION....................................................................................................................................7References............................................................................................................................................82
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INTRODUCTION The information technology management is method where all the resources related to IT andcommunication are governed as per the requirements of business. It is important for firm to manageinformation and technology as it renders large number of opportunities for form to trim down itscost and enhance responsiveness to consumer’s requirements etc. The concept of informationtechnology includes the application of computers, telecommunication equipments to store, manage,retrieve, transfer and manipulate data within the company. In this report various aspects ofmanaging information and technology will be studied in the context of Tesco. It is Britishmultinational retail company that was founded in 1919 and headquartered in London (About Tesco.2016). The organization provides its effective services through range of supermarket, hypermarketsand superstore. In this report, discussion will be provided regarding the macro environment ofTesco. Also, analysis of primary activities in Porter value chain will be provided. Tesco is reputedbrand of UK that is famous for its retail services especially for grocery. The company is the thirdlargest retailer in the globe calculated by profits. It also has retail stores in 12 nations across Europeand Asia. Other than this, it is leading grocery retailer of its home country; UK, Thailand, Irelandetc (About Tesco. 2016). At present company has diversified its operations and entered into areaslike, clothing, books, electronics, telecoms, financial services, internet, software, furniture, toysPharmacy and petrol etc. The main products of business are its supermarket, superstore andhypermarket etc. REPORT Macro environment The different functions of company are directly affected by the elements of the macroenvironment. It further refers as external and uncontrollable factors that impact a business decisionmaking capacity and its overall performance and strategies. The factors involved in macroenvironment are, political, legal, economics, social, technological and environmental etc. Thediscussion of which is as follows:Political factors: It refers to the modification in policies and regulations framed bygovernment of UK which have consequence on the operations of Tesco. The organization isoperative at global level so it becomes crucial for it to regards the political factors both atdomestic and global level (Arora, Fosfuri and Gambardella, 2011). For instance, while inoperation in UK, Tesco is needed to strictly adhere the legal frameworks that are defined byEuropean Union, local and state government. However, while operational at global level, itis essential for establishment to pursue the direction of host nation. Further, the major3
Various Aspects of Managing Information and Technology_3

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