Whilst one of Tesco's competitive advantages at present relates to their overwhelming physical presence, there are issues about TESCO driving out the competition from other retailers.

A PESTLE analysis is therefore useful in keeping TESCO up to date with their environmental surroundings, for example, realizing in advance that we were heading for a recession would have helped them to plan ahead.

As one of the largest and fastest growing retailers more jobs will be available with TESCO therefore helping to reduce the levels of unemployment.

Politically, the credit crunch may lead to higher numbers of unemployment. It is the largest British retailer by both global sales and domestic market share, with profits exceeding £3 billion, and the third largest global retailer based on revenue, behind Wal-Mart and Carrefour. is currently the UK's largest Supermarket chain and the market leading food retailer in the country with the core purpose to create value for customers and thus earn their loyalty. Have multinational corporations, which is one of the most important features of the phenomenon of globalization or economic system of contemporary many of the qualities and attributes that distinguish them and determined their role and their impact on the global economic system, and most important of these qualities: 1 large size: Featuring companies enormity of size and represents the entities of an economic giant, and indicators indication of this, the size of capital investments and the size and diversity of production and sales figures and revenues to be achieved, and marketing networks owned by, and the size of spending on research and development, as well as their organizational structures and efficiency of their administration. This Report analyzes a new world economic order that deepens the globalization of the economy and increase the role of international economic institutions, and highlights a number of structural features.

Yips drivers of globalisation tesco