• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Unit 1 P6 Describe how political, legal and social factors are impacting upon the business activities of Tescos and their stakeholders.

Extracts from this document...

Introduction

P6 Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. - As the research assistant of the local chamber of conference I have been asked to prepare a news article which describes how political, legal and social factors are impacting upon the business activities of the selected businesses and their stakeholders. Tesco- This organisation is global business where there are multiple stores located in over 14 countries that they operate within they are located across Europe, Asia and North America. Tesco is also a tertiary business (also in the private sector so owned by share holders who will be affected by change) where they provide customers with goods and services where he initial aims is to make a profit Tesco is the 3rd largest business in the world not only because it operates in numerous countries but it has open in different market areas such as expanding the groceries section and adding more foreign foods as well as opening in the clothing department as well as selling electronics and house hold goods with its popularity you are now able to purchase products in store, online, and on the go via thee app. ...read more.

Middle

When the E.U was set up after the ww2 it was set up to easily transport resources such as coal between 2 or more countries where resources had been used up or have been destroyed in the original country so the countries who agreed to the treaty worked together to support each other. So far the E.U has allowed 3.5 million jobs that are linked between two or more countries for instance factories are set up in France to help run stores within the U.K, so the U.K being within E.U is relevant to Tesco because it allows easy access between countries to transport goods and set up resources and establishing a relationship with cheaper suppliers from other countries, so it is relevant to Tesco by allowing them to transport goods without being stopped or delayed between boarders. Legal factors- Company law is where they have a legislation which the formation governance of a firm is administered and controlled. Within the U.K the term company is used for business that fall under company?s act of 2006. It is the field of law which concerns companies such businesses, organization, partnerships and other business type?s that have an economic activity like charities. ...read more.

Conclusion

Demographic indicators have changed in the U.K over the years, the most common change is the change in religion where those with no religion have increased, percentage of those Christian decreased, those Muslims have increased also those which other religion have also increased so to conclude there is more of multicultural society where the native religion is decreased. These changes do affect Tesco as an organisation where if they want to keep a large customer base or increase their customer base they need to show products that are relevant to those migrating in the country such as if there is a large population is eastern Europe they could advertise their traditional foods within the store to attract them so it they can successfully pull of a campaign they can attract new customers to the store. So at first it would be a challenge where they need to do market research and everything to see what nationality of people are moving in what products they are interested in such as the foods they prefer like fruit and vegetables, canned food and also what new foods they can offer. But then it does allow them to gain an opportunity if they do successfully attract a new customer base so profit would increase also would the reputation of the store would increase as well. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Case Studies and Analysis section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Case Studies and Analysis essays

  1. Marked by a teacher

    Business information and communication at Tescos.

    3 star(s)

    Posters Images, visual display Anyone who can see Gathered information, attractive, contain valuable information Fax Documents sent through telephone Staff, customers Its quick and it provides valuable information Section D The presentation of complex internal business information. In this section of the Handbook i will show three different methods the organisation uses to present internal business information.

  2. Marked by a teacher

    Ownership, stakeholders and organisation in Tescos and Oxfam.

    3 star(s)

    * Non-governmental organisations - they regularly meet with The Stakeholders of Oxfam are: * The main Stakeholders of Oxfam are the customers, people who donate to Oxfam the trustees, Partnership and trade unions. They include: * Full time employees * Part time collectors * Supplier of goods * Buyers * Recipients * Funds provider * Local community 2.

  1. (P4) Describe the Functional Activities and the Independencies of Tesco Plc and Coleraine Borough ...

    East Cluster Peace III Plan Within these two areas there are various operations which are carried out by each section. I am now going to start with those in the 'Administrative services' from the information of which I can retrieve, following this will be the 'Development services'. Development Services 1.

  2. Tesco Marketing Activities

    The stall was attracting lots of attention from customers and I would estimate one in every four customers were putting some of the chocolate into their basket. Clearly Tesco Monaghan had made a small financial commitment with this firm and purchased some of their stock.

  1. Unit 1 P5 Describe the influence of two contrasting economic environment on business activities ...

    invest more machinery, consumers spend more money, more money is collected by the government in income tax and VAT. This indicates that having more money could lead to more demands and consumers may lead to extra spending. Low level of inflation can cause a recession in the GPD this is

  2. D1 Analyse how developments in the consumer market have impacted on Tescos

    will shift to other retailers like Aldi and Lidl for their shopping. The implication of this change Tesco had to make in order to satisfy customers Demand is that they will lose profits by lowering the prices of 3,000 products.

  1. Unit 1 P3 P4 P5 P6 Business Organisation and The Business Enviroment - comparing ...

    Sales There are sales department, on the organisation chart. Distribution Metro has many distribution centres around the UK, the location of which they send out their papers. Research and Development Metro use market research to develop and produce new articles Wood Green Library (non-profit making business)

  2. Evaluate how future changes in political, legal and social factors may impact on the ...

    As government tells Tesco to employ skilled and educated workers. The government helps Tesco to enhance skilled population. Ministry for business help the business and even trade association even helps Tesco as this helps Tesco to send its products around.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work