Tesco's Business Environment: SWOT and PESTLE Analysis for Growth

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This report provides a comprehensive analysis of Tesco's business environment, utilizing SWOT (Strengths, Weaknesses, Opportunities, Threats) and PESTLE (Political, Economic, Social, Technological, Legal, Environmental) frameworks. The analysis examines the internal strengths and weaknesses of Tesco, as well as the external macro factors influencing its operations in the UK market. It identifies both positive and negative impacts on Tesco's business, considering factors such as government stability, economic development, and the availability of skilled labor. The report concludes that effective analysis of the business environment is crucial for Tesco to maintain systematic organizational activities and overall market reputation, emphasizing the importance of addressing both internal and external factors for sustained success. This assignment solution is available on Desklib, where students can access a wealth of study resources including past papers and solved assignments.
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BUSINESS AND BUSINESS
ENVIRONMENT
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TABLE OF CONTENTS
Introduction
SWOT Analysis
Strength and weakness interrelate with outer macro factors
Identify the negative and positive impact upon business operations
Conclusion
Reference
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INTRODUCTION
The business environment is refer to the
competition of various factors which is
responsible for influencing and impacting the
business operations indirectly or directly. The
various types of factors which effects the
performance of organization it may be internal
or external.
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SWOT Analysis
The swot analysis of the business is done
by application of Swot. It includes the
strengths, weakness, opportunity and
threats. It is designed for using in
starting phases of decision making
processes and used as tools for
evaluating the strategic position of
business organization
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Strength and weakness interrelate with factors
Political- The government of United Kingdom has high
stability because the enterprise can changes the
strategies and rules for long time resulting in proper
running of busines organization.
Economic- Uk is a developed nation so there is
more availability of professional labour and
various resources. Tesco have opportunity for
growing the workers with skilled labour helping
the business organization for growing in market
places.
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Identify the negative and positive impact
upon business operations
The PEST analysis is basically a strategic
technique or frameworks which is utilized by
TESCO for identifying the effect of external
factors on organisation (Zaloznaya and Reisinger,
2020). But the effect of this industry is faced by
whole industry. The evaluation of negative and
positive and negative effect on macro
environment of TESCO are described below -
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CONCLUSION
From the analysis of above data, it concludes that effective analysis of business
environment plays the crucial role to company for run their whole organizational
activities in systematic manner. If organization did not focus on the above mentioned
factors then they need to face lot of legal and other consequences. It leads to decrease
the overall goodwill or reputation of firm in market at large scale. The internal
environment comprises of strength and weakness where as the external environment
include political, economical, social and technological factors.
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REFERENCES
Dakhli, M., and et, al., 2019. Tesco in China: How Could Things Go So Wrong?.
NeilsonJournals Publishing.
Hamilton, L. and Webster, P., 2018. The international business environment.
Oxford University Press.
Libanova, E., 2019. Labour migration from Ukraine: key features, drivers and
impact. Economics and Sociology, 12(1), pp.313-328.S
Zaloznaya, M. and Reisinger, W.M., 2020. Mechanisms of Decoupling from
Global Regimes: The Case of Anticorruption Reforms in Russia and
Ukraine. Demokratizatsiya: The Journal of Post-Soviet Democratization, 28(1),
pp.77-111.
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THANK YOU
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