Internal & External Analysis: Tesco's Business Environment Dynamics

This presentation provides an overview of the internal and external factors influencing Tesco's business environment. It defines the business environment and differentiates between internal factors like organizational culture, funds, vision, and workforce, and external factors such as political, economic, social, technological, legal, and environmental elements. The presentation further discusses how Tesco's operations impact the external environment, including the economy, technology, competition, governmental policies, and relationships with suppliers and customers. The conclusion emphasizes the importance of understanding these factors for maintaining harmony between the business and its environment. The document refers to various research articles.

Introduction
The term business environment is defined as the
external institutions, factors and forces that are not
in control of the business entities and may influence
and affect the operations of the organization. There
are different internal factors which also affect the
working of businesses which includes the
government, customers, suppliers and competitors.
Nowadays the business environment has become
dynamic in nature due to rapid changes in the
working style in changing time and demand of the
society. This PPT Poster is based on the company
Tesco, a general merchandise company which deals
in retail industry. This PPT poster shall cover the
relationship of the business with the external
environment
Internal and External factors
Internal factors
Internal factors are concerned with the strength
and weaknesses of the company which impacts
the working of the business in order to achieve
its goals and objectives. Some of the internal
factors that affect the operations of Tesco are
narrated below -
• Organizational culture
• Funds and resources
• Vision and mission statement
• workforce
How external and internal
factor affect business
organization.
External factors
External factors generally comprises of
those influences, situations and circumstances that
is beyond the control of company that also affects
the decision making of it. There are different
external factors which directly affect the ability of
the business to achieve its organizational goals. In
relation to Tesco, the external factors that affect the
business organization are discussed below
• Political
• Economic
• Social
• Technological
• Legal
• Environmental

Impact of business on the external
environment
The business environment mainly gets influence from the operations of the
firm. Every business is supposed to perform and operate in the external
environment so it is very essential for it to pay attention this and analyze its
impact. There are many activities of Tesco which directly influences the
external environment that are discussed thereunder-
• Economy
• Technological advancement
• Competitive environment
• Governmental rules and policies
• Suppliers and customers
Internal and External factors
Conclusion
It is concluded from the above PPT poster that every
company have a major influence of its working on the business
environment which consists of two factors, namely internal and
external. The former consists of employees, customers, suppliers,
government, organizational culture and many others while the external
factor includes political, environmental, social, legal, technological and
economic which directly influences the decision making of the
company. On other hand, the businesses also affect the external
environment so it must work on in such a manner that there is harmony
between the two.
References
•Sinha, V.C., 2020. Business Environment: A publication of SBPD Publishing House (Sanjay Sahitya Bhawan). SBPD Publishing House.
•Abdulghaffar, N.A. and Akkad, G.S., 2021. Internal and external barriers to entrepreneurship in Saudi Arabia. Digest of Middle East Studies, 30(2), pp.116-134.
•Franco, S., 2021. The influence of the external and internal environments of multinational enterprises on the sustainability commitment of their subsidiaries: A cluster
analysis. Journal of Cleaner Production, 297, p.126654.
•Saenz, C., 2021. The Internal and External Assessment. In Creating Shared Value to get Social License to Operate in the Extractive Industry. Emerald Publishing Limited.