Tesco's Analysis: External & Internal Factors Report for Business

Verified

Added on  2022/12/30

|1
|289
|28
Report
AI Summary
This report provides a comprehensive analysis of Tesco's business operations, focusing on both external and internal factors that influence its performance. The report utilizes the PESTEL framework to examine the political, economic, social, technological, environmental, and legal aspects affecting Tesco. Additionally, a SWOT analysis is conducted to assess the company's strengths, weaknesses, opportunities, and threats. The analysis considers factors such as market competition, economic conditions, customer preferences, technological advancements, and environmental regulations. The report explores how these factors impact Tesco's strategic decisions and overall sustainability within the retail sector. The report is based on the given assignment brief and includes references. This report is contributed to Desklib, a platform that offers AI-driven study tools and resources for students.
Document Page
Introduction
External and internal analysis is conducted within
organisations in order to maintain a proper plan
for organisational success. Following is external
analysis (PESTEL) and internal analysis (SWOT)
of Tesco.
Tesco and Its Environment
External Environment
PESTEL analysis is helpful for the company to know
what are the different factors that will help to manage
sustainability in business.
Political – There are few regulations and rules which
affect the business operations of Tesco.
Economical – Inflation rate, deflation rate, etc., directly
affects the decision of Tesco
Social – All the products offered within Tesco are based
upon culture, beliefs and values of customers.
Technological - New payment system is used within
Tesco for providing convenience to customers.
Environmental – Different initiatives are taken within
this company to manage eco friendly processes.
Legal - As Tesco works in retail sector, it is essential to
follow all the guidelines given by food and safety
association.
How the company
impact its context
External
Environment
(PESTLE).
Internal Factors
(SWOT)
SWOT analysis of Tesco will help the company
to manage the organisational working.
Strength - The internal advantage of Tesco
which helps in increasing growth of company.
Weakness – There are some legal issues which
this company is facing.
Threat - Retail sector has fierce competition and
this will enable Tesco to expand it’s market share.
Opportunity - Global expansion and new
business sectors are opportunity for Tesco.
References
Nair, A.,and et.al, 2020Begomoviral pathogenicity determinant
βC1 is modulated by mutually antagonistic SUMOylation and
SIM interactions. bioRxiv.
. Stability of
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
[object Object]