The first factor Tesco will consider are internal factors. By internal factors we mean the following:
Demand for products in Tesco: Tesco would need to emplace human resource factors such as the demand for products. The demand for products and services will affect the number of people who have a role within Tesco, for example the higher the demand for products the more …show more content…
When a business has a change in technology there are some advantages and disadvantage, for example the introduction of self-scanners saves the business money, however makes staff redundant. Also there would need to be new training skills for staff which could be expensive, also maintain these self-scanner machine could also be expensive. Although these are mostly negative, but customers come first and these self-scanner machine are great for customers whom are in a rush. Internet shopping is also needed planning as Tesco would need to employ new staff with driver licenses to drive trucks for deliveries, they also need to employ an IT team to maintain Tesco’s website for customers to order things from. They also have to rent out trucks or purchase …show more content…
By external factors we mean the following:
Political factors: factors are important for Tesco to cover when planning HR, From a shift in local public opinion to a change in government or even a new industrial world superpower entering the market, politics influence how much funding is available, how much tax must be paid, minimum wage rates, how markets are controlled.
For example, if a change of government is possible in the coming year, understand the new administration’s priorities in relation to markets, industries and