BMP3002 Semester 1: Tesco's Internal and External Factors Report

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Added on  2022/12/01

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This report analyzes the internal and external factors affecting Tesco, a British multinational supermarket retailer. It examines how climate change and other external elements influence Tesco's operations, including customer demands and weather conditions. The report also explores how Tesco impacts its external environment through CSR strategies, focusing on energy awareness, carbon reduction, and investment in change. The conclusion summarizes the effects of both internal and external factors on Tesco's operations and its goals. The report references academic sources to support its findings and provides insights into how Tesco adapts to dynamic business standards.
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INTRODUCTION
The present report will highlight upon the topic external and
internal factors in this the chosen firm is Tesco which is the
British multinational supermarket retailer that is based in United
Kingdom. The report will discuss about how the external and
internal factors affect a specific business or organisation in Tesco.
The report will also give the information that is related to the
different ways in which Tesco business or organisation can impact
on the external environment.
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EXPLAINING HOW THE EXTERNAL AND INTERNAL
FACTORS AFFECT A SPECIFIC BUSINESS OR
ORGANISATION
In the organization internal factors
are related to the factors that affect
the business that is within the
business without facing any
regards data related to outside
factors like customers and other
businesses for example
management of resources,
employee satisfaction and
turnover along with this it will
also include research and
development.
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CONT..
Climate change: it is the biggest factor
that affects the specific organisation. In
this the effect is regarding the
increasing issue of the global warning
along with this it also includes the
weather conditions in the few years. It
is very difficult for the Tesco to
perform activities by facing different
types of climatic weather. The main
effect that are faced by Tesco is based
on the different as the customers and
consumer start asking for the thing that
are the best for them.
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TESCO IMPACT ON THE EXTERNAL
ENVIRONMENT
.Tesco within new dynamic
business standards has been
keenly growing for creating
impact on external business
environment, where brand
promises productive expansion
towards synchronising new
scale rise functionally within
longer run.
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CONT.
Tesco CSR strategies, such as environmental
initiatives within external environment for
creating energy awareness, enable to focus on
energy consumption and leading towards
CSR factors with reduced wastage. Tesco has
been also specifically contributing to per
square foot carbon reduction, and energy
consumption within recent years where CSR
values and corporate growth in goodwill
benchmarks plays strong role. The company
has been also synchronising varied scale
functional goals for rapid new effective
external factors within business world. Tesco
has been also investing to bring on change
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CONCLUSION
By summing up the above report it has been concluded that both
external and internal factors of Tesco affects their operation at the
time of performing the tasks that are related to the fulfilling
objectives and goals of the organisation. With the assistance of the
above report it has also given the information that is related to the
external environment standards that has been keep growing for
creating impact on external business environment, where brand
promises productive expansion towards synchronising new scale
rise functionally within longer run
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REFERENCES
Álvarez-González, L. I., and et.al., 2017. Business-nonprofit partnerships as a
driver of internal marketing in nonprofit organizations. Consequences for
nonprofit performance and moderators. BRQ Business Research
Quarterly. 20(2). pp.112-123.
Amir, I. T., Soedarto, T. and Hadianti, I., 2020, October. INTERNAL AND
EXTERNAL FACTORS OF VETERINARY CONTROL NUMBER (VCN)
CERTIFIED LIVESTOCKIN THE DISTRICT MOJOKERTO. In International
Conference on Agriculture (Vol. 1, No. 01, pp. 222-225).
Bulkaini, H., 2019. Internal and external factors affect the company’s
perfomance.
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