Question

Through the application of a PEST analysis, what are the current environmental factors impacting TESCO?

Answer 1

PEST analysis portico is as follows.

Political factors

Company operates at worldwide structure availability of political factors and global politics influence the performance of Tesco. Changes in tax rates as well as different acts of legislation as a large scale of the stability of the specific country of operation is so the main factors that influence its service ability in the respective environment and create a negative impact on its availability of doing business. As Tesco plays a very important part in creation of employment in the respective environment, increase in in the demand for their products as well as diversity in the workforce inside your organisation is also political affected.

Economic factors

These are the main factors that are concerning Tesco as they are directly leveraging the cost, demand as well as profits and prices. Company should perfectly be aware of any kind of changes in policies of taxation or any other factor that specifically affects the business opportunities of the specific Organisation in if International environment. Company is heavily dependent on UK market where availability of diversity as well as internationalisation is the two main criteria that is heavily focus by the organisation in operating environment. Consistent disposable income levels and household income and the changes in the paying capacity of the customer is the main criteria of economic factor that have to be focused by the specific organisation.

Social factors

Due to consistently changing social environment, uK AdWords various shopping structures such as bulk shopping and one stop shopping. Tesco has increased their adaptability in the respective environment by increasing the number of non food items different services are being demanded by the customers.

Technological factors

Consistent development of Technology has definitely increased adaptability of the specific Organisation in its respective environment. This increment in a technological capabilities have provided adequate level of support or Tesco to develop new criteria of operation and turning the business online. Development and introduction of online shopping with specific facility of home delivery has been aligning with the standard of operation for different individuals in the respective environment creating a huge benefit for the company and to increase the market profits. At the company already has a very strong market presentation by having multiple stores at different locations in United Kingdom, availability of opportunities for the specific organisation has been consistently growing by the specific technological factors that are implemented in to the society operation.