FY021 - Tesco PLC: Internal and External Factors Analysis Report

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Added on  2023/06/14

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This report provides an analysis of Tesco PLC, a British multinational grocery and retail company, focusing on the internal and external factors that impact its business. It utilizes PESTLE (Political, Economic, Social, Technological, Legal, and Environmental) and SWOT (Strengths, Weaknesses, Opportunities, and Threats) analyses to evaluate these factors. The PESTLE analysis examines the impact of culture, politics, social, economic, political, technological, legal, and environmental factors on Tesco's operations. The SWOT analysis identifies the company's internal strengths and weaknesses, as well as external opportunities and threats. The report emphasizes the importance of effective management strategies to navigate these internal and external influences and leverage them for business success. Desklib provides access to this and many other solved assignments for students.
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Internal and external
factor
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Table of contents
Introduction
Task
PESTLE analyzed
SWOT analyses
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INTRODUCTION
Internal factors refers to those factors which are present
inside the organisation and impacts the business in different aspect.
The external factors refers to those factors of the organisation which
are present outside the organisation and impacts the organisation's
business in both positive and negative. It is very important for the
management of organisation that they evaluate these factors
effectively and develop effective strategies to deal with these
strategies. The organisation which is chosen here to demonstrate this
report is Tesco plc. This report states brief discussion related to
impact of internal and external factors are given below:
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About the company
Tesco plc is a British multinational organisation which deals in groceries and retail industry of
United kingdom. The headquarter of the company are situated in Welwyn garden city
London. Tesco is the third largest retailer of the world in regard to revenue and also the
market leader of United Kingdom which is around 28% market share. There are different type
of internal and external factors are present in inside and outside the organisation which has
impacted the business of the organisation. These internal and external factors are briefly
understand by the concept SWOT and PESTLE analyses which are described below:
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PESTLE analyses
It is related to those analyses which enables
the user to evaluate the impacts of various external;
factors on the business of the organisation. There are
different types of factors are present in this type of
analyses such as Political, Economic, Social,
Technological, Legal and Environmental. It is essential
for the management of organisation that they effectively
evaluates the impacts of these factors on the business of
the organisation. The market of United Kingdom are
one of the most diverse market which requires more
focus from the management of Tesco. The brief
discussion related to explanation of these factors are
given below:
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Culture
Culture refers to the belief and tradition followed in the organisation. The
culture of the organisation played important role in the motivation of
employees . If the culture of the company promotes employee benefits
and right then the motivation of their employees becomes high and their
performance can be improved.
Power culture Politics
Task Culture
Person culture
Role culture
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Politics
It is related to those activity of the organisation which is done
by some negative employees of the organisation. It is very
important for the management of the organisation that they
analyse the politics in their organisation so that the employees
are protected from this nuisance factor of the organisation.
There are many negative impacts has to face by the
management in regard to politics such as negative growth, less
productivity, strikes and many more.
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Factors
Social factor
Economical
Political
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Factors
Technological
Legal
Environmental
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SWOT analysis of Unilever Plc
SWOT can be described as internal and external
analysis that identify different factors present in
business. It is important for business as it allow
them to identify factor like strength, weakness,
opportunity and threat. Explanation of this analysis
in context of Tesco Plc is mentioned below:
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Factors
Strength:
Weakness:
Opportunity:
Threat:
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REFERENCES
de Loë, R.C. and Patterson, J.J., 2018. Boundary judgments in water
governance: Diagnosing internal and external factors that matter in a
complex world. Water Resources Management, 32(2), pp.565-581.
Doan, C.D., Tavernier, I., Okuro, P.K. and Dewettinck, K., 2018. Internal
and external factors affecting the crystallization, gelation and
applicability of wax-based oleogels in food industry. Innovative Food
Science & Emerging Technologies, 45, pp.42-52.
Hinderliter, H., Xie, Y., Ladendorf, K. and Muehsler, H., 2021. Path
Analysis of Internal and External Factors Associated with Parental
Satisfaction over K-12 Online Learning. Computers in the Schools, pp.1-
30.
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THANK YOU
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