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Unit 1 - Business Environment - P6
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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
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