European Union Effects on Tesco Essay
M3 – assess the impact of changes in the global and European business environment on a selected business.
The Kyoto Protocol is an international agreement on Climate Change. The major feature of the Kyoto Protocol is that it sets binding targets for 37 industrialized countries and the European community for reducing greenhouse gas emissions. This amounts to an average of five per cent over the five-year period 2008-2012.
The Protocol was initially adopted on 11 December 1997 in Kyoto, Japan, and entered into force on 16 February 2005. As of September 2011, 191 states had signed and joined the protocol. The only remaining signatory not to have …show more content…
The European Union
A second international factor that has had an effect on Tesco has been the EU legislation on employment. The EU was developed after the destruction of the Second World War; it is an economic and political union of 27 member states which are located primarily in Europe.
There are three main institutions that run the EU:
* The European Council * The European Parliament * The European Commission
The European Council
The European Council is an institution of the European Union. It comprises of all the EU leaders meeting at least twice every six months and is charged under the Treaty of Lisbon with defining "the general political