Analysis of Global Business Environment Impact on Tesco Business

This report examines the global business environment and its impact on Tesco, a UK-based retail fashion business. The report explores the influence of global factors, including economic and social impacts, on Tesco's operations. It highlights how the economic environment affects the retail sector, influencing the business's structure and performance. The report also analyzes the social impact, focusing on consumer behavior, lifestyle trends, and the importance of adapting to consumer needs and preferences. The conclusion emphasizes the significance of understanding and responding to global business environments, which are crucial for Tesco's success and maintaining customer satisfaction. The report references several academic sources to support its findings.

GLOBAL BUSINESS
ENVIRONEMNET

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
Global business an environment has impact to retails fashion busses.........................................1
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3

INTRODUCTION
The global business environment in the general context is the body of organisation which is
help to operates the company operation at the globally and their local environments. This range
are influences the business in terms of geographic location, political, legal and the economic
statues of the global environments (Kent and et.al., 2016). The present study is based on “tesco”
which is retails fashion business at UK. Report is covered by the business environments at global
level and also governments impact to the structure and operations of organisation. It is also
highlighted by the impact of changes in business environments.
MAIN BODY
Global business an environment has impact to retails fashion busses.
Global business environments re impact it the business and its culture dimensions. It is
effective and valuable for making goods and better presences at local and marketplace but most
of the time global business environments are affected to retails fashion house which is tesco.
Economic impact to retails
Retail industry is made up the goods and services which are impact to the tesco and its
business services (Okonkwo, 2016). At the 2017, the economics of the country is correct and
effective. This impact to business and its growth. Retail sector is affected by the economy of
global business environments. This negative impact on the operations and structure of tesco.
Social impact to the retails business
There are various consumers at the global network and they have fear from spending
money at the retails shop by the quality of goods and services. This is impact to the business by
influencing the purchase and sales of goods and services. This includes the lifestyle of the
humans. Humans follow and want the new and currents trends of lifestyle at their products. For
management of tesco can make the effective and valuable strategies for improving their sales by
reducing impact of it (Tallman and et.al., 2018).
Global business is impact to the retails fashion of tesco. Global environment has the
effective and valuable for improving their business at the global and local level. Those are
affected by the economic and social factor mostly. Consumers are wants the best and better
quality of products.
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CONCLUSION
From the above study it had been concluded that the global business environment has impact
to the business and its operations. It had been give negative and positive impact on the operations
and structure of the business. This had effective and valuable for making changes according to
the needs and wants of the customers. Customer has plays an important role at the any retails
sector which has influenced the sales and purchase of business. They have increase profit of
organisation and also have power to decrease it.
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REFERENCES
Books and journals
Kent and et.al., 2016. Omnichannel fashion retail and channel integration: The case of
department stores. In Handbook of research on global fashion management and
merchandising (pp. 398-419). IGI Global.
Okonkwo, U., 2016. Luxury fashion branding: trends, tactics, techniques. Springer.
Tallman and et.al., 2018. Business models in global competition. Global Strategy Journal. 8(4).
pp.517-535.
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