Law

An Analysis of the Impact of External and Internet Environment on Tesco Corporation

Tesco Corporation is A United Kingdom-based grocery store and retail services provider that enjoys global sales of more than 62.5 billion pounds. Indeed, the company has expanded its operations in various countries including USA, Turkey, Hungry, Poland, Slovakia, Czech Republic, China, Japan, India, Malaysia, and other Asian and European economies to become a market leader and consider a pioneer in retail consumer products and services. Indeed, Tesco Corporation has enjoyed a share of nearly 31% in the UK with sales of over 42 billion pounds. The global workforce has increased to more than 470,000 employees, which simply shows the strength of this group. (Kowsmannm, 2010) Tesco Corporation has established its grocery stores and other diversified businesses such as automobiles, banks, insurance, electronics, etc in various emerging economies such as Malaysia, Indonesia, Turkey, Hungry, Poland, Slovakia, Czech Republic, China. Tesco Corporation has established its grocery stores and other diversified businesses such as automobiles, banks, insurance, electronics, etc in various emerging economies such as Malaysia, Indonesia, Turkey, Hungry, Poland, Slovakia, Czech Republic, China, India, and others, etc. Most of these countries have although enjoyed decent economic growth rates, yet these nations do not really politically strong democratic forces unlike the UK, USA, France, Germany, etc. Any political instability, change of government, law and order crises may force Tesco to reduce its production and expansion plans in these regions that in turn would hinder the growth plans of Tesco UK which is their parent company. In response, Tesco has been careful in choosing its destinations and seek government assurance and guarantees for investment purposes. In this way, Tesco minimizes the risk of opening new stores and business outlets in countries outside the UK.

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