BTEC LEVEL 3 UNIT 1 – EPLORING BUSINESS ASSIGNMENT 2 (2021 DISTINCTION GRADE)

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BTEC LEVEL 3 UNIT 1 –
EPLORING BUSINESS
ASSIGNMENT 2
(2021 DISTINCTION GRADE)

, lOMoARcPSD|7424154




Assessment Title: The Effects of the Environment
on a Business operate

, lOMoARcPSD|7424154




Unit 1: Exploring Business- Assignment 2

Learning Aim:

C: Explore the environment in which businesses operate

D: Examine business markets

Assessment Title: The Effects of the Environment on a Business
operate


C.P4 – Discuss the Internal, External and Competitive Environment on a Given Business.


I will research a Public Limited Company; I will examine and address the internal external and
competitive environment. I will include a study that discusses these environmental factors in a
company and how the company reacts.

Tesco PLC




Tesco is a PLC Limited Public Company and is the leading brand in the grocery chain
supermarket and merchandising. It is in 12 countries such as Ireland and Thailand.
The company was founded in 1919. The business grew massively and had over 100 shops
throughout the country within the next decade.
Tesco currently has a £ 14.3bn market capitalization as of 2019. Tesco PLC is the 26th largest
corporation, the 77th largest corporation in terms of its sales and the 632nd largest in the
world.


External Environment
External environment has multiple factors on companies and does have a impact. PESTLE
Analysis is used to determine when and why they will succeed
• Political: for example. Tax policies, restrictions on trade, tariffs
• Economic: for example. Economy, interest rates, economic growth, rate of inflation
• Social: for example. Age distribution, language, education, demographic patterns
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