Mgmt1101: Research & Analysis Assignment Part 2

Running Head: Mgmt1101: Research & Analysis Assignment Part 2
MGMT1101: RESEARCH & ANALYSIS ASSIGNMENT PART 2

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Mgmt1101: Research & Analysis Assignment Part 2
Table of Contents
Introduction........................................................................................................................3
SWOT: Strategy formulation..............................................................................................3
Environmental constraints.................................................................................................5
Stakeholders......................................................................................................................7
Structure and design of the Organization..........................................................................8
Motivating employees......................................................................................................10
Evaluating the progress...................................................................................................11
Recommendation.............................................................................................................13
Conclusion.......................................................................................................................14
Reference list...................................................................................................................15

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Mgmt1101: Research & Analysis Assignment Part 2
Introduction
Tesco Plc. is one of the most popular names in the Retail Industry and this company is
mainly UK based. At present, they are operating their business in various countries
including Malaysia, India, Canada, Thailand, and many others. This organization is
experiencing continuous growth in Canada due to its effective business strategies.
However, this company must maintain this growth in future as well. This paper is
evaluating SWOT for formulating strategies, environmental constraints, stakeholders,
organizational structure, design and process to motivate employees within Tesco.
Controls are being included that can help in measuring the progress and one effective
recommendation is being proposed in this study.
SWOT: Strategy formulation
Among the major strengths that are identified, diversified customer base is significant.
Diversified customer base can help Tesco to gain some benefits in future. Biggest
benefit of this strength is financial security. As opined by Combi & Gambini (2015), loss
of profit in one segment of business can be balanced from another segment if customer
base is diversified. Optimization of company's revenue can be achieved through the
growth of new consumer segments and markets. In addition, diversification of customer
base can help this firm to sell different new products and services to current and
potential customers. Diversification of customers also helps to gain a strong position in
the market. Tesco holds a leading position in the retail market, which can be enhanced
in future due to this strength in business.

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Mgmt1101: Research & Analysis Assignment Part 2
In the weakness of Tesco, concentrated operation has identified that impact in revenue
collection of the company at the time of recession. Area of operation of this company is
limited within some of the countries of North America. This increases the risk of low
revenue collection that can be eliminated by adopting the strategy of business
expansion. Several markets in Asia and Europe are growing in retail sector. Tesco can
expand their business to these regions for maintaining a steady flow of revenue. As
stated by Coskun, Basligil & Baracli (2018), “expansion of the business to new market
can help a firm to gain advantage over the competition”. Expanding business to other
regions increases flow of revenue and decreases risk of loss that can occur due to
failure of business in one region.
Tesco has adopted the strategy of strategic acquisition that has created an opportunity
for them to have improved process in terms of technology. As said by Höhenberger &
Delfmann (2015), strategic acquisition can help a firm to have continuous growth in
business. This strategy can help this firm to save operational cost and on the other hand
technology infrastructure can be improved. Speed of operational procedure can be
increased because this strategy helps in acquiring resources and core competencies
that are currently not held by a company. Hence, strategic acquisition can help Tesco to
gain different new resources like improved technology and core competencies. In the
modern age, customers are key stakeholders who expect fast and advanced service
from a business organization. Hence, needs and expectations of key stakeholders can
be fulfilled through the help of this strategy. Ultimately, all these advantages can impact
in financial growth of Tesco.