Unit 1 the business environment Tescos Political factors This could include government support, provide, enhancing skills of the working population of Tesco's which may include training days or induction days if you have just been previously employed. The main factor could be government support which has to routes that it can go down. Direct support or indirect support which also includes the fiscal policy which is linked with taxes, vat and cooperation tax The level of taxation changing means that Tesco also have to pay tax.
They have to pay this to the government so that the government could provide services for the general public. This would be different if Tesco's was funded by the government because then they wouldn't have to pay tax. They may then take a loan out from the government so that they can afford what they need to buy. However, they do need to pay this back as well as the interest rate. Another factor would be provide which is infrastructure and the links they have with the internet. This could include online shopping.
Tesco's have their own online shopping on the internet for people who prefer to use the internet to get their shopping from online. Once the order has been placed Tesco's then deliver the food or products the next day depending on the delivery days. This also helps people who may not be able to make it to the supermarket store itself like disabled people so again it opens a new market which means they again will make more money. Tesco are always influenced by its customers and aim to operate around their needs and feedback because without their feedback Tesco's wouldn't know what they need to do to improve their business.
Social factors Obviously the birth rate has increased over the years so they may start to look at selling children’s toys or products to open a new market which in the long run will eventually create more profit or make a lot more money because they’ll have an extra market that parents and children are interested in. They will also focus on education as seen on adverts they already sell school uniform for children that are a certain age which is mostly primary school. They will also sell school equipment for all ages from primary to secondary and even to college.Gender also has a huge influence on Tesco's stores because they can have different sections for different genders which means there will be something for everyone within the Tesco's stores.
Obviously Tesco's is a global company which means genders from all around the world as well as all ages will be visiting Tesco to get what they want. Within Tesco's they provide equal rights which means both men and woman can work there. Tesco's can not turn someone away from work just because they are male/female, black/white and disabled/able to complete the job.This links to legal factors because it is within the contract of employment that equal rights are top priority Legal factors The main Legal factor would be that no individual can work more than 39 hours on an average working week. The way this could influence Tesco's activities is that Tesco may need to have a rota to share the working hours during the day and during the night shifts.
This will allow no individual to work no more than 39 hours a week. If this was no law however Tesco's might not have a rota to keep track of who and how many hours they are working during a week.However the individual can work more than 39 hours if they do over time. It can also influence how many people they take on with this statute because the less hours someone works the more employees Tesco's will need to fulfill the work load that needs completing throughout the average work week. The Rota scheme basically shows who is on a shift and how long they are actually working for during that shift.
This allows the employees and employers to be aware of how many hours they/themselves are working.
