Btec Business Level 3: Unit 1 - Exploring Business Task 2 : P4, P5, P6, M3, M4, D2, D3(Distinction* Grade *)

BTEC business level 3: unit 1 - exploringbusiness task 2 : P4, P5, P6, M3, M4, D2, D3(Distinction* grade *)written byzeruawww.stuvia.comDownloaded by: ibrahimmahmood1 | [email protected] of this document is illegalStuvia.co.uk - The Marketplace for Revision Notes & Study GuidesDownloaded by: ibrahimmahmood1 | [email protected] of this document is illegal P4IntroductionIn this task I will be discussing how the internal and external environment affect an organisation and the organisation I have chosen is Tesco Public Limited Company.Tesco PLC, a British Grocery and merchandising retailing are a market leader in the United Kingdoms grocery market, as well as a well-known grocery chain found across 12 countries. As a leading retailer with 450,000 employees, Tesco PLC serves millions of customers every week, in their stores and online.External EnvironmentThe External Environment has a great impact on businesses and is comprised of multiple factors. These factors are often used by businesses to help analyse how and why they will be successful. This analysis is known as PESTLE which stands for: Political Economic Social Technological Legal Environment Political Political factor is one of the main concerns for Tesco PLC. With itsoperations being within a globalised environment, with stores allover the globe, operating in Ireland, Poland, Thailand and