A Case Study on Tesco Assignment

INDIVIDUAL
REPORT
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Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
Key issue that TESCO facing and management theory as suggestion........................................3
Importance to relate Corporate social responsibility to strategy.................................................3
Brexit affect TESCO....................................................................................................................4
Challenges and Benefits of working in the team and skills need to develop..............................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
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INTRODUCTION
In business there are many issues get arise which impact on business organization as well as
their performance in marketplace. This report is based on TESCO company that run its business
in all over the world. It explains key issue facing by organization and also justifies the
management theory as suggestion. Define importance of CSR link to business strategy and
benefits for future generations and society. Furthermore, it clarifies impact of Brexit on company
and challenges and benefits while working in the team.
Main Body
Key issue that TESCO facing and management theory as suggestion
TESCO is the British international groceries and general merchandise and one of the
leading retailers in UK. Company serve their services to 66 consumers per second with over than
6,800 stores internationally (Cumming and Zahra, 2016). Due to poor wages employees get
demotivated at workplace which is one of the issues that has been faced by TESCO which
impact on their business as well as operational efficiency at global level. Wages is monetary
compensation or personnel expenses paid by the employer to their employees in exchange for
working with organization. If organization pay low wages to their workers, it means that staff
members productivity is also get lower than before which effect on TESCO several operations in
UK. With the help of contingency management theory company manager can be able to take
actions against the issue and handle the situation effectively. Contingency is management theory
that recommend most suitable style of management is reliable on situations. This theory is
suggested to TESCO manager as typically pay attention to issue that negatively effect on
company. Manager must communicate with their employees and try to understand their needs in
wages, after that they should talk to higher authority with the help of appropriate management
style and efforts to resolve the issue. This theory is beneficial for overall business as well as
operations of firm in order to sustain for longer term period. It helps to develop the ability to
analyse the situation and make better decision for the same. It is also beneficial for bulk of TESO
operations in UK and across the world.
Importance to relate Corporate social responsibility to strategy
CSR (Corporate Social Responsibility) is they kind of international private business self-
regulation (Coulter and Hancké, 2016). In recent time CSR is the concept whereby organizations
consider interest of economy or society by taking accountability for impact of its activities on
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