PESTEL FACTORS PESTEL analysis stands for "Political‚ Economic‚ Social‚ and Technological‚ Environmental and Legal analysis". It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macro-environmental factors that the company has to take into consideration. Political factors or how and to what degree a government intervenes in the economy. Specifically‚ political factors include areas such as tax policy
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13 Introduction TESCO is a company that was founded in 1919 by JACK COHEN. It is presented usually as a big international retailer which is based essentially in Great Britain but also in China‚ Republic Czech‚ Hungary‚ Japan ... It means this firm is as well in Europe‚ Asia and the United States. It represents 3 956 stores and over 440 000 employees worldwide (Tesco.com‚ 2009). In the context of globalization it is therefore appeared vital for TESCO to develop a corporate culture and
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Introduction The financial report that follows sets out to analyse and compare the current financial and Market position of Sainsbury’s against Tesco. The report covers five areas of financial and market review‚ namely; • Situation Analysis • Proposed Recovery Plan • Investment Appraisal of recommended Investment Projects • Risk Assessment • Sources of Finance Recommendations made within this report are made with the intention of increasing Sainsbury’s market share over the next 5
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iki’s speech notes Slide 8: Tesco Social Factors The ageing population is discouraging for the food retailers older people tend to eat less. They are less likely to travel to supermarkets to shop compared with the younger generation. Although internet literacy level drops over the age of 65 years within the population it has nevertheless been predicted that the ageing population would find online shopping more convenient. However‚ small deliveries are considered to be ineffective and expensive
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For each of the 8 countries we’re covering‚ we’ll start off with topline statistics as sort of a summary‚ or more of a launching pad for further exploration. We’ll start with Russia‚ partly because this may be the last 5-year period that it is included in the top 10 international powers. Out of all the 8 countries I will look at individually‚ Russia faces the most daunting challenges. They have faced worse--I would hate to be a centenarian from Russia--but I doubt if they have the resources or leadership
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What Is the Role and Influence of Relationship Marketing in the Retention and Acquisition of Customers? - A Case Study of Tesco Chapter 1 Introduction 1.1 Aims and Objectives 1.2 Research Questions 1.3 Background and rationale of the research 1.4 Expected Research Methodology 1.5 Scope and Importance of the Research 1.6 Summary of Chapter Chapter 3 Research Methodology 3.1 Hypothesis 3.1.1 Techniques used for Research 3.1.2 Research Philosophies 3.1.3 Research Approaches 3.1.4 Types
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• 2.1 PEST-analysis In the following‚ the analysis of the political‚ economic‚ social and technological factors leads to a description of the macro environment of the computer industry. a) Political Political factors include government regulations and legal issues determining the conditions under which companies have to operate. In this field‚ the computer industry has to face certain restraints. Problems can arise in countries where political stability is not guaranteed‚ no matter whether
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Introduction: This course work is to evaluate the different factors affecting the international business. Such as political‚ social‚ economical‚ and technological. You will see all these factors to be discussed in a chosen company and it also contains supply chain with logistic process of the chosen company. International business is the process of integration and interaction among the people. it is the process of boosting the interdependence and connectivity of the world markets and businesses
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and Acquisitions P4 PESTEL analysis P5 Competitors P7 Figure 1: Tesco’s main competitors P7 Figure 2: Ansoff matrix for Tesco’s marketing strategy P8 Figure 3: Tesco’s sub-bran poisition in the United Kingdom P9 Figure 4: Tesco’s competition in the UK P10 Figure 5: Tesco’s internal competition P10 Core competencies P11 Human Resource P12 Recommendations P13 Conclusions P14 References P15 Appendices P17 Appendix 1: Retail Competitors Analysis by Mintel P17 Appendix 2:
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External influences Tesco in UK and China The political‚ legal and social environment all affects in the activity of the business. This article focuses on how they do this on Tesco in the UK and also in China. Tesco’s in UK Tesco’s started operating in the UK 1924 and by now‚ the run 3054 stores just in the UK. Tesco is a worldwide business‚ but over 60% of group sales and profits come from the UK business. I will be investigating at external environment for Tesco’s in UK – political‚ legal and
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