logo

Impact of Poverty and Youth Unemployment on Tesco

   

Added on  2022-12-15

11 Pages3464 Words428 Views
How Tesco has
impacted by the
poverty and youth
unemployment after
the time of Covid 19
crisis.
Impact of Poverty and Youth Unemployment on Tesco_1
Executive summary
The purpose this report is to focus on the sustainability issue is the Poverty and youth
unemployment. It is considered to be the most important challenge which company is facing at
the time of covid 19 pandemic. The findings which is taken from this report is that sustainability
of the major issue which can impact the business environment and at the time of pandemic
situation, company has fired many of the employees. In this below report, there is a context of a
report which consist of background of the company. Then it consist impact of sustainability issue
on the decision of the company. Then it consist of purpose of the report and a one concise
business questions. Then it consist of relevant sustainability issue which can impact the Tesco
company. There is a appropriate use of framework and model which can impact the business.
Then at last it consist of conclusion which consist of evaluation of business question.
Impact of Poverty and Youth Unemployment on Tesco_2
Table of Contents
How Tesco has impacted by the poverty and youth unemployment after the time of Covid 19
crisis. ...............................................................................................................................................1
Executive summary..........................................................................................................................2
Task 1 ..............................................................................................................................................4
Context of the report........................................................................................................................4
Company background ................................................................................................................4
Sustainability issue impacted the company.................................................................................4
Task 2...............................................................................................................................................5
Purpose of the report and one concise business questions...............................................................5
Task 3 ..............................................................................................................................................6
Evaluate and critically analyse how sustainability issue impact the business.................................6
Conclusion.......................................................................................................................................8
Recommendation.............................................................................................................................9
References .....................................................................................................................................10
Books and journals ..................................................................................................................10
Impact of Poverty and Youth Unemployment on Tesco_3
Task 1
Context of the report
Company background
Tesco is one of the largest retailing company of UK as it was founded in the year 1919 by
Jack Cohen. Tesco is the third largest company in UK and ninth largest retailing company in all
over the world. Currently it is operating more than 7,005 shops in all over the world. It is
operating in more than 11 countries currently. Company deals in various areas such as retailing
of books, software, petrol, clothing, financial services and internet services. Company is trying to
be sustainable in the market to attract customers towards their brand. The sustainability issue
which is being taken in this report is Poverty and youth unemployment (Avvaru, And et.al.,
2020). This is considered to be a sustainability issue which is found in the recent years of Tesco
company. In the recent years, Tesco had main concerned with the amount of employment it has
provided to the people whether they can be local or international. This is considers as he most
important sustainability issue which is being seen in the business.
Poverty and youth unemployment is the reason which creates impacts on the company at
the time when it is operating. Tesco and other companies have towards the reduction of poverty
and providing employment to men and women. Due to have this sustainability issue, the changes
which have seen in the company is that there are a smaller number of people working effectively
in the company. This has impacted the organisation in better way and by this company is facing
certain issues in their business. Many of the people are trying to get in job market but they are
coming with the unemployed and experiencing working poverty. This issue has impacted the
overall business and the generation of the of country or around the world. As a recent time of
covid 19 pandemic, company has fires many of the workers from their business and this results
in decreasing the living standards of the employees who are being unemployed (Bagnoli,
Vedovato, and Costantini, 2020). This sustainability issue has impacted the decisions of
company has by having new youth talents, company can have more innovative ideas and
strategies that are being developed in the company.
Sustainability issue impacted the company
Poverty and youth unemployment is the sustainability issue which is being faced by the
company at the time it is operating in the market. Youth unemployment is the situation where
Impact of Poverty and Youth Unemployment on Tesco_4

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Impact of COVID 19 on Organizational Performance: A Case Study on Sainsbury
|9
|3039
|77

Impact of COVID 19 on Company Productivity and Profitability
|10
|2635
|77

Sustainability and COVID-19 Pandemic: Ethical Challenges Faced by Global Businesses
|8
|2073
|425

Globalisation and COVID-19
|7
|1874
|95

The Impact of COVID-19 on the Retail Industry: A Case Study of Tesco
|26
|7489
|461

Contemporary Business Environment: Impact of COVID-19 on UK Economy and Government Policies
|18
|4918
|223