Tesco: Impact of External Factors on Business Operations

This presentation offers a detailed analysis of Tesco's business environment, focusing on both internal and external factors. It begins by highlighting the importance of business practices and the tools used for analysis, such as PESTLE and SWOT. The presentation explores how external factors, assessed through PESTLE analysis, and internal factors, evaluated via SWOT analysis, impact Tesco's operations. It provides a comprehensive understanding of how these factors influence the company's strategies and performance. The conclusion emphasizes the significance of continuous monitoring and adaptation to maintain a competitive edge in the market. The presentation references several academic sources to support its findings and recommendations.

POWER POINT POSTER
BUSINES IN PARCTICE

INTRODUCTION
Business practices are those aspects which is used in order to develop business entity in a way
that its operations are conducted with perfection in particular organization. These practices are
important in terms of developing internal and external analysis. The poster presentation is based
over internal and external analysis required to be conducted regarding an organization. Also,
different ways an organization impact external environment has been covered.

External analysis is an important perspective which
is used in order to enhance various factors which
impacts external working of business
organization(Ogden and Roy-Stanley, 2020). These
analysis are carried out by using tool that is
PESTLE analysis. It is an important part of business
development which deals upon various factors like
political, economical, social, technological, legal
and environmental. Further, PESTLE analysis in
relation to Tesco has been conducted as follows:

Describe and discuss how the external and internal factors effect a specific business or organization of your own choice


Describe and discuss how the external and internal factors effect a specific business or organization of your own choice
Internal analysis means that kind of aspects
which is based over developing
understanding about strength, weakness,
threats and opportunities(Qomariyah, 2019).
This is done with the helps of SWOT
analysis that has been conducted in relation
to Tesco as follows:


CONCLUSION
From the above discussion it can be concluded that business practices are those aspect
which is used by business in order to monitor growth and development of its operations
regarding particular market. In this poster presentation internal and external analysis is done with
the help of appropriate tool. Then impact of organization upon external environment of country
has been discussed.

REFRENCES
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Chukhray, N.I. and Mrykhina, O.B., 2018. Theoretical and methodological basis for technology
transfer from universities to the business environment. Problems and Perspectives in
Management, 16(1), p.399.
Eling, M. and Schaper, P., 2017. Under pressure: how the business environment affects
productivity and efficiency of European life insurance companies. European Journal of
Operational Research, 258(3), pp.1082-1094.
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Shageeva, F.T and et. al., 2017, September. Training the achievement-oriented engineers for the
global business environment. In International Conference on Interactive Collaborative Learning
(pp. 343-348). Springer, Cham.
Uluskan, M. and Godfrey, A.B., 2018. Business environment-supply chain framework and
benchmarking supply chain structures: Haiti versus China. Benchmarking: An International
Journal.