Business Communication: Importance and Case Study of Tesco

This presentation discusses the importance of business communication and provides a case study of Tesco, a multinational grocery retailer. It highlights the significance of sharing knowledge and information to achieve desirable outcomes. The presentation also emphasizes the role of communication in decision-making and the tools used to share information with staff members and consumers. References to relevant studies on business communication are provided.

Business
Communication

Table of Content
 Introduction
 Internal business information
 Vision
 Mission
 Objective
 Financial report
 Conclusion
 References

Introduction
Business communication is an important factor for sharing information
and knowledge between people inside and outside of an
organizational to gain commercial benefits for the organization. This
report is based on Tesco which is an British multinational grocery
and general merchandise retailer headquarter is in England UK.

Internal business information
Internal business information consist of operations of an organisation in
which includes sales, purchase orders and important transactions in
inventory. It is very much important for an organisation to deal in
various situations by collecting important knowledge and
information in proper way.

Vision
The main vision of Tesco is to gain sustainability in market by building
products and services as per the changing needs and wants of
consumers.

Mission
“We make that matters better, together”. And their values, mission and
vision are totally connected with each other and give identity to
organisation.

Objective
The main objective of Tesco is to become leading retail supermarket by
providing best quality services at low prices and that comparatively
from their fierce competitors to attain goals and objectives in better
way.

Financial report
Income Statement
Currency in GBP. All numbers in thousands
Revenue 2/23
/201
9
2/24/2018 2/25/2017 2/27/2016
Total Revenue 631
820
00
56818000 55295000 53357000
Cost of Revenue 596
720
00
54092000 52932000 51184000
Gross Profit 351
000
0
2726000 2363000 2173000
Operating Expenses
Research Development - - - -
Selling General and Administrative 141
600
0
1106000 1190000 1367000
Non Recurring - - - -
Others - - - -
Total Operating Expenses 610
880
55198000 54122000 52551000

Cont...
Operating Income or Loss 209
400
0
1620000 1173000 806000
Income from Continuing Operations
Total Other Income/Expenses Net -
420
000
-322000 -1028000 -604000
Earnings Before Interest and Taxes 209
400
0
1620000 1173000 806000
Interest Expense -
286
000
-427000 -513000 -480000
Income Before Tax 167
400
0
1298000 145000 202000
Income Tax Expense 354
000
306000 87000 -54000
Minority Interest -
240
00
-22000 -24000 -10000
Net Income From Continuing Ops 132
000
0
992000 58000 256000

Cont...
Non-recurring Events
Discontinued Operations - 216000 -112000 -127000
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income
Net Income 132
200
0
1206000 -40000 138000
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares 132
200
0
1206000 -40000 138000

Conclusion
From the above report it has been summarised that communication is
very much important to share knowledge and information to right
people at right time to reach at desirable outcomes. Business
information and tools to share with staff members and consumers is
crucial to take important decision in regards of organisation.

References
 Toth, C., 2013. Revisiting a genre: Teaching infographics in
business and professional communication courses. Business
Communication Quarterly, 76(4), pp.446-457.
 Waldeck, J., and et.al ., 2012. Communication in a changing
world: Contemporary perspectives on business communication
competence. Journal of Education for Business. 87(4).
pp.230-240.

Thank You