MOD003353 - Tesco's Business Environment: External Factors Analysis

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Added on  2023/06/18

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AI Summary
This presentation provides an overview of the business environment affecting Tesco PLC, a multinational brand operating globally. It delves into the macro and micro environmental factors influencing Tesco's business, with a focus on political, social, and economic aspects, including government regulations, social trends, the COVID-19 pandemic, and Brexit. The presentation also examines opportunities and constraints such as business expansion, strategic alliances, competition, and supply chain issues. Furthermore, it highlights the impact of technology on Tesco, including wireless devices, intelligent scales, and self-checkout machines. The presentation concludes that Tesco's operations are significantly shaped by these various environmental factors.
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Presentation on Tesco
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Introduction
The sum total of all internal as
well as external factors of an
organisation is known as
business environment. For
instance clients owners
innovation in technology
market trends economic
changes supply and demand
management and many
more. These factors are
directly related to the
functions of an organisation.
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Political Factors Affecting Tesco
Government Regulations
Political Circumstances
Brexit (Exit of Britain from
the EU) Deal
US/China Trade Conflict
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Social Factors Affecting Tesco
Local Social Trends
Vegan Trend
Cultural Impact
Social Supermarket
Employment Opportunities
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Economic Factors Affecting Tesco
Pandemic of COVID-19
Economic Recession
Trade Tariff By Brexit Deal
Market Expansion
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Opportunities and Constraints of Tesco
Opportunities Constraints
Expansion of Business of Jack
Strategic Alliances with other brands
Joint Ventures
Online Shopping
Emerging Markets
Cashless Stores
Price Matching
Christmas ad controversy
Fake Farm’ legal threat
Brexit Referendum
Competition with supermarket giants
Economic crisis and credit crunches
Rising costs
Supply chain issues
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Impact of Technology on Tesco
Wireless Devices
Intelligent Scale
Electronic self labeling
Self Checkout machines
Radio Frequency
Identification
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Conclusion
It has been concluded from the
above presentation that the
Tesco is a multinational
brand who is working all
over the world. There are
several macro and micro
environmental factors
which are affecting the
business of Tesco PLC.
Sum of political social and
economical factors have
been discussed above
which are affecting the
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References
Al Tartoor, Y., Khalaf, A. and Awadallah, M., 2020,
November. Adaptive Framework for Resilient Supply Chain
Using 3D Printing in Oil and Gas Industry. In Abu Dhabi
International Petroleum Exhibition & Conference. OnePetro.
Chapman, R.J., 2019. Exploring the value of risk management
for projects: improving capability through the deployment of
a maturity model. IEEE Engineering Management
Review, 47(1), pp.126-143.
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Thank You
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