BM461 Global Business Environment: Tesco PESTLE Analysis Portfolio

This report presents a PESTLE analysis of Tesco, a UK-based company, examining the external environment and key drivers of change. The analysis covers political, economic, social, technological, legal, and ecological factors impacting Tesco's operations. The political factors highlight the stability in the UK, while the economic factors discuss the impact of the pandemic. Social factors focus on consumer trends, and technological factors address digital business. Legal factors are considered compliant, and ecological factors emphasize sustainable growth and CSR initiatives. The report identifies these factors to help Tesco formulate strategies to mitigate risks and uncertainties. References are provided in Harvard format, supporting the analysis with academic sources.

External Environment
Research and Analysis
Portfolio

Table of Contents
MAIN BODY...................................................................................................................................3
PESTLE analysis.........................................................................................................................3
REFERNCES:..................................................................................................................................5
Books and Journals:....................................................................................................................5

MAIN BODY
Every organisation want to achieve success and growth in the business world. But it is
not easy task for the company because there are many drivers that affects organisations
performance and growth. In this context, TESCO is undertaken for evaluating drivers that leads
change in organisation' management and operations Drivers are the factors that become the
reason for change in management of organisation (Awoyera and et. al., 2017). Drivers should be
identify and analyse by organisation so that they can take necessary corrective actions to deal
with them. Drivers can be innovation, brand value, competition, technological, etc. Drivers can
be internally and externally. External are not handle by organisation, they are always accept
them. All drivers should be identify so that TESCO can make strategies and policies in order to
reduce risk and uncertainties. It can be identify and analysed with the help of PESTLE analysis.
PESTLE analysis
PESTLE analysis is very important tool for the organisation as it assist in identifying the
factors that affect functions and operations. PESTLE analysis identifies external factors that
become the reason for change. It helps in finding drivers that leads to change in organisation.
TESCO is the organisation that deal in many countries so that's why they get affected by many
factors that are explained with the help of PESTLE analysis.
Political Factors: It is the factor in which organisation need to make sure that the country
in which they perform should not be negatively affect on organisations' operations. It is very
important for TESCO that they analyse the political situation of country. It is identified that
political country of UK is so good because of political stability (Bind, Goswami and Prakash,
2018). They can get positive impact with this feature. They have stability in taxations and
government policies that reduce the risk of change.
Economical Factors: It is the factor in which TESCO need to analyse economic situation
of country. It is found that growth rate of UK is not increase because of pandemic situation that
they face. It is one of the top countries that badly affected due to pandemic situation. All
organisation get badly affect because of lock down. TESCO face complexity to run their
business in this time. They are trying to implement strategies to handle situation.
Social Factors: It is the factor in which TESCO try to run their business with current
trends. They have a opportunity to run their businesses in such a manner that impress their

customers (Christodoulou and Cullinane, 2019). They focuses on following current trend of
market so that they can satisfy their consumers' wants and desires.
Technological Factors: Now TESCO follows new technological up gradation so that the
can run their business with time. They are now sell their products on online portal and trying to
improve digital business.
Legal Factors: TESCO has no legal factors that badly affect their business because they
are always make sure that they are complying all rules and regulations.
Ecological Factors: Now TESCO focuses on sustainable growth with the help of using
renewable goods (Perera, 2017). It is very important for organisation that they should take
initiatives for fulfilling CSR.

REFERNCES:
Books and Journals:
Awoyera, P. O., and et. al., 2017. Suitability of mortars produced using laterite and ceramic
wastes: Mechanical and microscale analysis. Construction and Building Materials, 148,
pp.195-203.
Bind, A., Goswami, L. and Prakash, V., 2018. Comparative analysis of floating and submerged
macrophytes for heavy metal (copper, chromium, arsenic and lead) removal: sorbent
preparation, characterization, regeneration and cost estimation. Geology, Ecology, and
Landscapes, 2(2), pp.61-72.
Christodoulou, A. and Cullinane, K., 2019. Identifying the main opportunities and challenges
from the implementation of a port energy management system: A SWOT/PESTLE
analysis. Sustainability, 11(21), p.6046.
Perera, R., 2017. The PESTLE analysis. Nerdynaut.