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LO3: Explain how internal and external factors impact on the specific business

Question Brief

Module Number: BMP3002

Module Name: Business in Practice

Year/Trimester: 2020-21/Semester 1

Module Tutor:

Assessment

2

Assessment Type (and weighting)

Individual Poster with Voice Over - 50%

Assessment Name

Internal and External factors

Assessment Submission Date

 

Learning Outcomes Assessed:

LO3: Explain how internal and external factors impact on the specific business

LO4: Explain the different ways in which a business can impact on the external environment.

Assessment Brief:

Produce a detailed poster which consists of an investigation into the relationship between a business organisation and its external environment.

  • Describe and discuss how the external and internal factors effect a specific business or organisation of your own choice

  • Describe and discuss the different ways in which your chosen business or organisation can impact on the external environment.

Guide for Poster Presentation:

You will find useful information on this link. Additional guidance on digital tools available for designing posters and things to bear in mind when designing a digital poster for presentation shall be provided in seminar sessions 

https://www.bolton.ac.uk/leaponline/Documents/LEAP-Printables/Poster-Presentations.pdf

Instructions:

  • Your poster should include sections with clear headings for example: introduction, main ideas, quotes, conclusions, References etc. 
  • Ensure to include in-text citation and provide a list of references in a separate box within the poster.
  • Ensure it consists of the requirements stated above under the assessment brief heading.

Things to bear in mind:

  1. Layout -use arrows, boxes, headings, smart art graphics to guide the audience.

  2. Colour schemes-be mindful of colour choices when using contrasting colours.

  3. Pictures- you may choose to include few pictures as long as they are relevant to your discussion.

  4. Text- Use Arial font type and adjust font size as required ensuring it’s clearly readable to your audience.

  5. Creativity – See examples of effective poster designs online in an academic context in order to plan and structure your poster.

  6. Size of poster- A0

  7. Word count - as required but bearing in mind this is a poster and not an essay or a report. Hence, you may wish to keep it succinct.

Marking criteria:

Your poster presentation will be assessed based on the following criteria:

  • Identification and explanation of internal and external factors affecting the business

  • Explanation of the impacts of the business on the external environment

  • Research evidence

  • Referencing

  • Structure and planning

  • Clarity of information

  • Visual aids   

  • Individual presentation style

  • Timing and length

Minimum Secondary Research Source Requirements:

Level FE3/HE3 - It is expected that the Reference List will contain at least five sources. As a MINIMUM the Reference List should include three academic books.

For general guidance on writing assignment and submission please refer to section 12. Guidelines for the Preparation and Submission of Written Assessments on the module guide.

Specific Assessment Criteria:

Please note that the General Assessment Criteria will apply. Please see matrix below for HE3:

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Short Answer

BUSINESS IN PRACTICE POSTER

Internal and External Factors Impacting Tesco PLC

Introduction

Tesco PLC is one of the UK’s largest retail organisations, operating supermarkets, convenience stores, and online grocery services across multiple countries. The company operates in a highly competitive and fast-changing retail environment influenced by both internal business decisions and external market conditions.

This poster explores how internal and external factors impact Tesco’s operations and performance, and how Tesco itself influences the wider external environment, including society, economy, and sustainability practices.

Internal Factors Affecting Tesco

Internal factors are elements within the organisation that managers can control or influence.

Organisational Structure

Tesco uses a hierarchical structure with clear leadership from board level down to store management. This structure supports efficiency but can sometimes slow decision-making in fast-moving retail environments.

Employees and Skills

Tesco employs hundreds of thousands of staff. Employee performance, training, and motivation directly affect customer service quality and operational efficiency.

Good training programmes improve productivity, while high staff turnover can increase recruitment costs and reduce service consistency.

Financial Resources

Tesco’s financial strength allows it to invest in technology, pricing strategies, and expansion. However, poor financial performance or rising operational costs can affect profitability and investment decisions.

Technology and Systems

Tesco relies heavily on digital systems such as online shopping platforms, automated stock control, and data analytics.

These systems improve efficiency but require constant investment and cybersecurity protection.

Internal factors come from within the company, external factors come from outside the company.

Yes, but keep it brief and use it to support your points.

Use clear headings, diagrams, and simple structured sections.

Yes, real examples like Tesco PLC make your work stronger and more credible.

Elliot

Super clear and easy to turn into a poster. Got really good feedback.

United Kingdom

★★★★★
Tyler

Helped me understand exactly what to put in each section.

United Kingdom

★★★★★
Nolan

Simple but very effective. My tutor said it was well structured.

United Kingdom

★★★★★
Cooper

Made the whole assignment way less confusing. Really good support.

United Kingdom

★★★★★