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Tesco Organisational Structure Essay

   

Added on  2020-02-05

17 Pages4434 Words660 Views
Integration of BusinessFunctions

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY ..................................................................................................................................1Structure of Tesco.......................................................................................................................1leadership and its changes ..........................................................................................................3Different functions of Tesco.......................................................................................................4Internal and external analysis......................................................................................................5Different tools for applying functions.........................................................................................8CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12

Illustration IndexIllustration 1: Structure of Tesco.....................................................................................................1Illustration 2: OrganizationOrganisational structure of TESCO.....................................................2Illustration 3: Types of leadership...................................................................................................3Illustration 4: Porter's five force analysis........................................................................................7

INTRODUCTIONResearch and Development, Marketing, Financing/Accounting, these four are the main functionsexist in an organizationorganisation (Brannen, Piekkari and Tietze, 2014). Tesco is one of thebiggest supermarket company in UK. Tesco was established in 1929, the strategy at that timewas “Sell it cheap and Pile it high”. In previous years the company was having its grocery andmerchandising retail stores. As the market and trend is changing, Tesco is adapting to thosechanges and after cementing their place in food industry, they are now involving themselves indifferent otherareas like clothes, electronics, internet services and music industry (Dillon,2015Dillon, 2015). This essay consists of all the long term strategies used by the company in the last 10years. The mantra of Tesco is to serve UK's shoppers in a better way. The aim of these strategiesis to grow the core business, and to become a successful retail company internationally. Some ofthe functions used in Tesco like marketing, accounting, finance have also been discussed in thisessay. MAIN BODYStructure of TescoThe organizationorganisational structure followed by Tesco is highly hierarchical. This isreflecting the major proportion of business (Nakamura and Suzuki, 2015). The governingstructure of Tesco consists of five committee, which well report to the board of PLC. The boardwill be having 11 members which led by the chief executive. 1

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