P6 - Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders.

Political Factors:
Tesco
Government support with an organisation as big as Tesco's there will be many topics that may affect them. For instance political. 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. Loans may be offered to Tesco if they are struggling with been able to spend money on buying new products and better products. For example, during the recession Tesco might not be doing as well as they need to be and they might not be able to spend much money on new things which would increase the amount of money they make. 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. So for example if Tesco had taken a loan from the government which were £1000 and the interest rate was 5% Tesco would have to pay the government back with £1150. However Tesco don’t normally take loans out because they are never short of money as they are such a big global organisation.

With the stakeholders/owners, if the economic climate and structure of the economy was in a recession then this means that consumers have less disposable income to spend, therefore there will be more intention to save and less to spend, and this can also result in aggregate demand shifting to the left, decreasing. As the stakeholders need to tackle such economic problems, the stakeholders for