Analyzing Tesco's Business Environment: Internal and External Impacts

This essay provides an analysis of Tesco's business environment, focusing on the impact of both internal and external factors. The internal factors encompass the company's strengths, weaknesses, opportunities, and threats, while the external factors are examined through a PESTLE analysis, considering political, economic, social, technological, legal, and environmental influences. The report concludes that both internal and external elements significantly affect businesses, influencing their operations and revenues. It highlights the importance of understanding these factors for organizations to navigate challenges and capitalize on opportunities in the market. The external environment, comprising factors beyond the company's control, plays a crucial role in shaping business strategies and outcomes. Desklib provides access to similar solved assignments and study resources for students.

Introduction
The concept of business environment denotes to a
combination of internal as well as external factors that carries
an opportunity to develop an impact upon the actions and
returns of a business. This involves an analysis of pestle and
swot which can affect the business from any part and force to
make the modification according to such circumstances
Tesco and its environment
External factors
The external environment comprises of those forces
which disturbs the business operations from outside the
company and upon which the company does not have
any control. This includes Pestle analysis which is
mentioned below:
• Political
• Economic
• Social
• Technological
• Legal
• Environmental
Internal factors
The internal factor comprises of below mentioned factors
within which Tesco operates its function. The factors are:
• Strengths
• Weaknesses
• Opportunities
• Threats
References
• Ding, R., 2020. Project Opportunities Derived from the Interactions Between Internal and External Contradictions. In
Taiji Logic (pp. 35-50). Springer, Singapore.
• Hornat, J., 2021. External and Internal Factors Shaping the Substance of Visegrad States’ Democracy Assistance. In The
Visegrad Group and Democracy Promotion (pp. 103-133). Palgrave Macmillan, Cham.
Organization impacts
external environment
The external environment has a broader aspect and effects
the business as a whole from outside factors. These are
mentioned below:
• Political
• Economical
• Social
• Technology
Impact of internal and external factors
Conclusion
From the above report it can be concluded that external and
internal factors has a great impact upon businesses and
brings changes into its working as well as revenues. On the
other hand the business is having different ways through
which it can overcome the unfavourable reactions of external
market. The external environment comprises of the factors
which creates an impact on company from beyond the
boundaries of such organisation such as political,
economical, social, technological, legal and environmental
forces.