Essay
Unit 1 - Business Environment - P6
- Course
- Institution
A very high detailed piece of work that passed first time.
[Show more]
1 review
By: valymiha • 7 year ago
OK
Seller
Follow
AssignmentGuy
Reviews received
Content preview
Alex Lote-GreenfieldUnit 1 Assignment 4
P6- Describe how political, legal and social factors are impacting upon the
business activities of the selected organisations and their stakeholders
M3- Analyse how political, legal and social factors have impacted on the two
contrasting organisations.
D2- Evaluate how future changes in economic, political, legal and social factors,
may impact on the strategy of a specified organisation.
In this assignment I will be describing the political, legal and social factors that
have an impact on the business Tesco and their stakeholders. I will then analyse
how political, legal and social factors have impacted the businesses. Then finally I
will evaluate how future changes in economic, political, legal and social factors
impact on the strategy of Tesco. Political is of or relating to the government or
public affairs of a country. Legal is relating to the law and permitted by the law.
Social factors are things that affect lifestyle, such as religion, family or wealth.
I have chosen Tesco as my case study. Tesco in the UK. The company is a clicks
and bricks retailer based in England with over 3300 stores. But also serves in 12
other countries, including China, the business has over 530,000 workers and
serving tens of millions of customers every week. The well-known retailer was
found in 1919 and this since developed to be one of the leading retail businesses
in the world.
2013 2014
As you can see, 2013 was a more
successful year for Tesco, but it
still wasn’t the best they have
ever had. The figures have
decreased from 2013 to 2014. The
revenue is at a high 43.6 billion in
2014, this is an outstanding
amount of money being brought
in but they will not be overly
happy with it because it was
exactly the same in 2013, so there
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AssignmentGuy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.86. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
53068 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now