Describe the Influence of Two Contrasting Economic Environments on Business Activities Within a Selected Organisation

1. In relation to your current business environment (or one that you are familiar with):

In this section of the report I will be analysing how business activities from each factor; political, legal and social, have impacted on two contrasting organisations. The two contrasting organisations I will be focusing on are Tesco's and Amazon.

It is therefore becomes important for TESCO to indentify or so a business analysis whether there is any regulation and policy that may curtail the business activities. So, while doing the business TESCO has to consider the all policies imposed by EU,. If that is done TESCO could face under the common law of violating the agreement of EU member countries. Because TESCO PLC is currently operating in different EU countries the company has to abide by these regulations. But still UK being member of EU, TESCO is getting more business in its are than other organizations operating in the

Yahoo! Finance (2012) describes Tesco PLC as a company that "operates stores that primarily offer food products, as well as general merchandise, clothing products, and electrical products." In addition to that, Tesco PLC is also involved in the provision of insurance, financial as well as banking (retail) services (Yahoo! Finance, 2012). Taking into consideration the number of branches it has in various parts of the world, Tesco PLC can be regarded one of the largest retailers around the globe. Having been established sometimes in the year 1919 by Jack Cohen, the company has surely come a long way (Tesco, 2012). The phenomenal growth of Tesco PLC over time can largely be attributed to both the unwavering vision of the founder and the selection of a competent team of managers to run the company's operations during its growth phase. Currently, the company top management team comprises of its CEO Andrew Clarke, its Chief Financial Officer Laurie Mcllwee and Tim

1. Explain why change happens in a business environment. You should include at least three reasons in your answer.

Tesco is very fortunate as there are few other large supermarket companies. This means that the food retail market is quite disciplined as the supermarkets have a set approach to price setting. Discipline stops them destroying each other in a profit war.

P5 - Describe how John Lewis would be influenced by economic factors in a time of economic recession and economic growth in the UK economy

Identify and describe the most important components in the specific and general environment - be specific in your description of how these factors will impact the company’s performance. Use appendices for supporting data.

A business has many influences that provide a duel effect on its operations. Not only can they cause the business to undergo change and continually adjust to the external factors in the business environment, but they also provide threats and opportunities in the operations process.

Tesco operates in 14 different countries. Therefore its performance may be influenced by the local legislation and political factors. There are

P1 – Explain the effects of changes in the economic environment on a selected business.

1. Economic Environment – An organisation needs to consider what money is available to spend and this will depend on the current climate at the

Evaluate the impact of changes in the economic environment on a selected business – D1

TESCO is top leading retailer in UK. It manages over a thousand supermarkets, hypermarkets, and convenience store in the United Kingdom, Ireland, central Europe, and Asia. TESCO started life in 1919 when Jack Cohen started surplus groceries from a stall in the East end of London. MR Cohen made profit of 1 from sales of 4 on his first day. TESCO brand first appear five years after in 1942 when he bought shipment of tea from a MR T. E Stockwell. From that time TESCO slowly improve in retail business and now they are take top position in UK retail business. Tesco aim is provide best products for their customer and make sure about customer requirements.

How can the environment influence the company? How can the current environment influence the company?