Strategies for Success and Risk Management in Tesco

Business management

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
TASK...............................................................................................................................................3
Background of Tesco:..................................................................................................................3
Competitive analysis:...................................................................................................................4
A recovery plan for Tesco:..........................................................................................................6
Risk management.........................................................................................................................8
CONCLUSION................................................................................................................................9
References......................................................................................................................................10
Books and journals:...................................................................................................................10

INTRODUCTION
The aim of the report is to latest attitude formulation and approach with which could make the
organisation success and away from risk and uncertainty. Strategic formulation are a
combination of all the analysis of environment on which the organisation is working which
include environmental, social, economical and political. the strategies are always not effective or
that could minimise the risk due to having dynamic environment so that a recovery plan and
other options need to available with organisation. No strategy is could found to be much
effective in changing environment and governmental interference (Eckhaus, 2017) (Fadillah,
2019). For that instance, policies and strategic frameworks are significant to create realistic
approaches that could apply in practical workplace. This report is about Tesco, a leading
supermarket chain of UK which was established in 1919. The company is the largest seller of
grocery consumer goods, Merchandise and fired into many e products and services like banking,
Telecom. This report will present reflection on the theories and approaches for the strategic
objective of organisation with effect of recovery plan in order to manage the risk and uncertainty
is into dynamic environment system.
MAIN BODY
TASK
Background of Tesco:
Tesco is one of the largest Supermarket chain of British market . the company was first
established in 1919 in London United Kingdom. In present time, the company entered into many
of the locations and make that diversify its operations into different products and services. Tesco
mainly inch to deliver quality E product with affordable price set strategy. This strategy makes
them competitive and most wanted organisation for customer. Tesco comes under many
campaigns and strategies like every little helps in which a contribution of any product purchase
will go to charities and trust (Fėlix, and David, 2019). Tesco on approx 280000 employees which
are directed into different parts of Tesco stores. as test for diversifying into Tesco Bank Tesco
mobile , cosmetic , groceries and supermarket. Therefore the company rising into a rapid rate