Tesco Plc : The Biggest Chain Of The World Measured By Profits And Third Largest Retailer

1499 Words May 11th, 2016 6 Pages
Tesco

Tesco PLC is one of the biggest British multinational grocery and general merchandise supermarket; Tesco is the third largest retailer in the world measured by profits and second-largest retailer in the world measured by revenues. It has stores in 12 countries across Asia and Europe and is the grocery market leader in the UK, I am going to analyze some key factors revolving around Tesco, where we are going to discuss the political, environmental, social and technological factors which are shaping the external environment in which Tesco is operating.

Political:

Political factors can affect Tesco in many ways; there are many different political factors that will affect Tesco and the way it will runs as a business. For example the UK government, therefore if there are laws that are set by the UK government then Tesco will need to follow these laws and regulations placed or else they can be fined or even shut down.

Fiscal policy which is linked with taxes, vat and cooperation tax. Loans may be offered to Tesco if they are struggling on buying new products and better products. For example, during the recession Tesco might not be doing as well as they need to be and they might not be able to spend much money on new things that would increase the amount of money they make. They may then take a loan out from the government so that they can afford what they need to buy. However, they do need to pay this back as well as the interest rate. On the other hand, In 2007 Tesco…

More about Tesco Plc : The Biggest Chain Of The World Measured By Profits And Third Largest Retailer

Open Document