Business Environment Analysis: Macroeconomic Factors, SWOT of Tesco

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Added on  2023/03/29

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This report provides a comprehensive analysis of the business environment, focusing on the macro factors influencing a company's operations. It includes an introduction, followed by a discussion of the pros and cons of the macro environment, encompassing political, economic, social, technological, environmental, and legislative factors. A SWOT analysis is conducted, detailing the strengths, weaknesses, opportunities, and threats (SWOT) of an organization, and how these elements interrelate with external macro factors. The report emphasizes the impact of these factors on decision-making, highlighting how understanding the external environment can inform strategic planning and improve performance. The conclusion summarizes the importance of assessing the business environment for current and future success. The report includes references to relevant academic sources.
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Business Environment
(Task 3,4)
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Table of Content
Introduction
Pros and cons of macro environment of company
operation
SWOT analysis of organisation
Strengths and weaknesses interrelated with external macro
factors
Conclusion
References
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Introduction
Business is the function or activity which have done to
exchange their products and services in return to the
money as well other profits for the organisations. It is
basically set up for various reasons like for the earning net
profit, resolve social issues, serving products and services
to their target audience as per their needs and demands.
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Pros and cons of macro environment of
company operation
The components which is exist in their external environment
of the enterprise that actually affect to their main parts of
their internal bodies and other advantages of the macro
environment.
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Political factor
Economical factor
Social factor
Technological factors
Environmental factors
Legislative factors
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SWOT analysis of organisation
Strengths weaknesses
It is leading brand which also have their
international identity the third most largest
company in the UK. The goods which is
facilitates their strengths due to the valued
added of their quality. The enterprise
condition is very powerful regarding their
finance situation and their other major
competitors.
Tesco offer very wide range if their
commodities and services to consumer
including there telecommunications,
grocery apparel and an more. It raise their
burden of the management of all the
sectors which make their work more
crabbed.
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Opportunity Threats
The market actually offering platform so
they can adopt various methods . The
Tesco actually help to their company. So,
on they can also lead to the expansionist
and profit of their business. The e-
commerce also very trending they through
which they trade easily and reach to
beyond the boundaries. It also facilitate
tot heir buyers and various approaches for
their promotions.
The Markets of the UK is very powerful
and they present their competitors of the
business. The various other companies
which produce their substituted to their
products alternatively. So, that will be
reveals s a threat for the company
because due to this partially many
consumer can shift to the other products
which may also cause the loss.
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Impact on the decision making :- The weaknesses,
opportunities, threats and strengths help in the
formulation of the strategy and execution. The enterprise
will get know their capabilities and other weaknesses
which also led to their modifications and changes.
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Strengths and weaknesses interrelated with
external macro factors
There is the every enterprise require their analysis through
which automatically get to know about their strengths and
weaknesses many more. So that can also improve their
performance in the market industry.
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Political :- The entire functions and operations of the Tesco
company has been affects by other not stably factors of
the political.
Economical :- The explosive deflation as well as inflation
have their index rate which impact on their other
existence of their enterprises.
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Social :- The unequal distribution of the income in the
structure of the society will lead to not accomplish their
target and other objectives.
Technological :- The Tesco is already opted for their
already advance technologies so they can reducer their
cost as well also boost up their marginal profit in the
company.
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