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Btec Business Unit 1 P3

303 Words2 Pages
There are two main vital economic environments that consequence Tesco, these are the recession and economic growth. An economic growth is where there Is a growth of goods and services from a country at a certain period. This is good for Tesco as it means that their business will be in high demand and their profits will be increased as well as more goods are going to be produced. If this happens the business will develop very high in their profits which allows them to capitalise in new and upcoming products or buildings, this also means that Tesco will become a more profitable business. During economic growth profits are increased as the public want and need more products from them. Consumers have the money to spend and they choose to spend
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