Undertake An Analysis Of The Strategic Position Of Tesco In The UK Assignment

Undertake An compendium Of The Strategic Position Of Tesco In The UK Using Concept & Tools Of External And Internal Strategic Analysis - Assignment ExampleUndertake An Analysis Of The Strategic Position Of Tesco In The UK Using Concept & Tools Of External And Internal Strategic Analysis.Additionally, Tesco provides both online and offline fiscal services with a personal touch. The total revenue received by Tesco PLC as on February 2004 added up to ?33,557 million translating in a rise of approximately 18.7 % from the preceding years revenues that ranked ?28, 28 million (Humby et al, 2008). 1) Analyze its task environment Using PESTEL to categorize key issues which management need to react to, focus on 6 CURRENT issues using evidence to substantiate them, for example current buck meat issue Tesco operates in a globalised environment with stores worldwide, including six European countries. These include the Ireland Republic, Czech Republic, Hungary, Turkey, Slovakia and Poland. The Asiatic stores are located in South Korean Thailand, Malaysia, Japan, and Taiwan. However, Tescos performance relies heavily on the catch countrys political and legislative structure (Henry, 2008). Legislation requires the government to supply the population with a wide range of job opportunities, including the extremely skilled, high paid and centrally located chances. The population demands students, senior(a) citizens and working parents to be considered in terms of job availability for varied groups of individuals. Tesco comes in play as a challenge to local businesses, which include the cutting of costs and declaring the companys products obsolete. This results in whimsical the companies out of the market completely (Nathan Rao Consumer Affairs, 2013). Tesco tries to work against the problems named by providing a labor market to diverse employees including students, modify and the elderly in the society with relatively lower pay rates. Therefore, the employees depict a sig nificant level of loyalty to organizations with the increase level of staff turnover currently in the community (Ringland, 2006). Economic factors Tesco takes matters relating to stinting factors with a considerable level of seriousness as the factors directly affect the demands, costs, prices, and the profit levels of the organization in place. The high unemployment levels in an economy results into fall levels of effective demands for varied goods. The production level of goods lowers with a decreased profit levels, which, adversely reduces and affects the profit levels. In as much as the operating company cannot image the factors, they adversely affect the performance, and marketing mix of Tesco. Despite the growth levels that are evident in the transnational markets, Tesco substantially relies on the UK market for its survival. Therefore, decreased demand of UKs foodstuffs can expose the companys market to face risks of making losses (Nathan Rao Consumer Affairs, 2013). The s ocial and cultural factors The British customers tend to adopt pop shopping from their previous one stop shopping criteria. The situation prompts Tesco into additional production of food pre-cuts in the country. The increased rate of the ageing population and participation by women in the employment sectors result, in an increased demand for Tesco products and services. Additionally, Tesco tends to gear most of its focus on its own label of business blend, supply gyves and various operational improvements with the capabilities of driving costs out of business. Consumers purchase