Tesco's Business Environment: Internal Strengths & External Challenges

This report provides an analysis of Tesco's business environment, focusing on both internal and external factors that impact the organization. The internal factors discussed include strengths such as market share, brand value, Tesco Online, and leadership, as well as weaknesses like dependency, debt, and a weak global presence. The external environment analysis covers political, economic, social, technological, legal, and environmental factors. The report also touches upon the company's impact on its context, leadership, corporate culture, and corporate governance. It references several academic sources to support its analysis of Tesco's business practices and the various environmental influences affecting the company.

Introduction
Business is referred to an economic activity that is
performed with an aim of earning profits. The business of
an organization is affected by various factors. The various
factors include internal as well as external factors. The
internal factors of a business comprise of owners,
employees, etc. for which the effects can be controlled by
the organization. The external factors comprise of
government, investors, etc. whose effects cannot be
controlled by the organization or the business (Buppert,
2020).
Tesco is a UK based multinational retail
sector organization. The organization deals in various
products such as groceries, food products, and health and
beauty products. The study revolves around the business
environment of Tesco.
TESCO And Its Environment
Name of the Student
External Environment
• Political factors
• Economic factors
• Social factors
• Technological factors
• Legal factors
• Environmental factors.
Internal Factors
STRENGTHS
• Market share
• Brand value
• Tesco Online
• Leadership
WEAKNESSES
• Dependency
• Debt
• Weak global presence
How the company impact its
context External Environment
• Leadership
• Corporate culture
• Corporate governance
References
Buppert, C., 2020. Nurse practitioner's business practice and legal guide. Jones & Bartlett Learning.
Caldera, H. T. S., Desha, C. and Dawes, L., 2018. Exploring the characteristics of sustainable business practice in small and
medium-sized enterprises: Experiences from the Australian manufacturing industry. Journal of Cleaner Production, 177,
pp.338-349.
Helfaya, A., Kotb, A. and Hanafi, R., 2018. Qur’anic ethics for environmental responsibility: implications for business practice.
Journal of Business Ethics, 150(4), pp.1105-1128.
Hroncová Vicianová, J. and et.al., 2017. Developing eco-innovation in business practice in Slovakia. Journal of Business
Economics and Management, 18(5), pp.1042-1061.
Norbury, P. ed., 2019. Business In Japan: a Guide To Japanese Business Practice And Procedure--Fully Revised Edition.
Routledge.