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Examine two elements of the P.E.S.T factors, which were Economic and Social factors for Tesco.
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| Submitted: Thu Jan 13 2005
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In order to carry out our given P.E.S.T analysis key skills assignment, David and I were asked to give a formal presentation on Tesco. In order for David and I to carry out this presentation successfully we examined two elements of the P.E.S.T factors, which were Economic and Social factors. We then used different resources which were: * Internet (www.Tesco.co.uk), (www.bized.org.uk) * Books (Business studies Third Edition Dave hall) (Business vocational A level Roger Lewis &Roger Trewit) The reason why we decided to use these resources was because we wanted to see how these two elements of the P.E.S.T factors affected our business Tesco. ECONOMIC ENVIRONMENT The type of economic system existing in a country has a direct bearing on the potential for and the development of Tesco industry in that country. Tesco cannot escape the effects of the factors in the macroeconomic environment, be it domestic or global that influences the local market. Inflation,...
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