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Pest for Tesco

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Submitted By mavish96
Words 798
Pages 4
Introduction
Company History
Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. Over the past 95 years their business has grown and they now operate in 12 different countries around the world, employ over 530,000 people and serve tens of millions of customers every week.
The Impact of Political, Legal and Social factors on Tesco
The senior management team at Tesco have asked me to produce a presentation to illustrate how political, legal and social factors can affect the business activity of the company.
How can Politics affect Tesco's business activity?
Politics plays a massive role in regulating businesses. Both through laws and legislation sanctioned by bodies such as the UK government, The European Union and the World Trade Organisation.
What can politics affect within business?
Politics can affect things such as:

Fiscal Policy
Import and Excise Duty
Providing grants and loans to businesses that are struggling

How have politics affected businesses in the past?
Over the next few slides, I am going to explain how the politics have affected businesses such as Tesco in the past.
Providing Infrastructure
The government has helped businesses such as Tesco expand in the past by providing good quality communications such as broadband and landline phones as well as removing waste and sewerage from the streets. Both of these actions can reduce business costs, or create demand for business within an area. A key point to note is that the A11 construction work will be completed in 2014, this will provide extra income for Tesco in Thetford as there is more traffic passing through.
Enhancing Working Skills
Through providing good quality education and a variety of different schemes such as Apprenticeships, the UK government is responsible for creating a highly skilled and flexible workforce. This is vital to

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