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SWOT Analysis of Tesco

   

Added on  2022-12-30

6 Pages1146 Words75 Views
Business DevelopmentFinance
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GLOBAL BUSINESS
ENVIRONMENT
SWOT Analysis of Tesco_1

Contents
INTRODUCTION...........................................................................................................................3
Portfolio paper 2..............................................................................................................................3
SWOT Analysis of Tesco............................................................................................................3
Portfolio Paper 3..............................................................................................................................4
Operational Impact Analysis.......................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
SWOT Analysis of Tesco_2

INTRODUCTION
This report is classifies information in two parts one with the SWOT analysis of Tesco and other
one in operational impact analysis. It also gives information about which of the departments of
the company has been harshly affected and which of them needs changes in their methods to
achieve growth in market (Tallman, Luo and Buckley, 2018).
Portfolio paper 2
SWOT Analysis of Tesco
Strength-
The company has highest revenue in UK than any of their competitors and they have
achieved 11 per cent growth last year. The company has maintained a good network with their
suppliers which help them to get raw materials at time in less rate which saves cost and helps tem
to order inventory as per their requirement which helps to eliminate the aspect of waste. With the
help of advancement in technology they are utilizing every aspect of it as they have launched
their own app for online orders and with the help of RFID system they are automatically
processing the shoppers.
Weakness-
The company was not successful in expanding their operations in countries such as US
and Japan because they were not able to expand their products at time which met failure and got
to huge losses. There was one more reason to their losses as they were in high credit card debt as
they were not successful enough to reduce the aspect of debt and increase their profits. They
even made errors in accounting and presented so that they can avoid tax for which they had to
fight lawsuits.
Opportunities-
The company is already serving in 14 markets but they still have much scope to enter into
those markets that are emerging and those that have the potential to increase their revenue even
more. The company has the option to get into partnership with their other competitors so that
they can improve their offerings and enter into other markets easily. This way they can claim the
SWOT Analysis of Tesco_3

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