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Tesco Business
Environment Analysis
Student
Name
Institution
Course
Name/Number
Instructor
Due
Date
Tesco
Assess the effects of the
business environment on a given organisation.
Political
factor is one external environment element that affects normal business
operations at Tesco. Laws impounded through custom and taxes within different
countries that Tesco operates decreases the ability to stock more products.
Other government factors such as political instability affect the sale of
products in many cases resulting in losses. Tesco depends on a calm political
atmosphere to ensure that their business is running normally. Unexpected
government regulations have resulted in disruptions in product accessibility to
customers. COVID-19 brought about new rules differently applied depending on
infection zones; this affected Tesco, who had to adhere to set regulations to
continue operating in the regions.
Economic instability is another environmental factor that has resulted in Tesco incurring losses when the customer purchasing rate reduces. Financial instabilities...