• Answer:-

    Pestle analysis of Tesco involves examining external factors like political influences, economic conditions, social trends, technological advancements, legal regulations, and environmental factors. Politically, Tesco must navigate government policies and regulations impacting retail operations. Economic factors include consumer spending habits and market fluctuations. Social trends like health consciousness and sustainability influence Tesco's product offerings. Technological advancements affect online shopping and supply chain management. Legal considerations involve compliance with labor laws and competition regulations. Environmental concerns drive Tesco's sustainability initiatives and waste reduction efforts. By conducting a Pestle analysis, Tesco gains insights into the external factors shaping its business environment, allowing for strategic planning and adaptation to market dynamics.

Mar 28 2024

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