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Individual Report on Chosen Company - Tesco

   

Added on  2022-12-15

13 Pages3028 Words128 Views
Political Science
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Individual report on
chosen company
Individual Report on Chosen Company - Tesco_1

Executive summary
In this report the company chosen is Tesco, which is retail based company and one of the
largest retail organisation in the UK. In this it has been studied the different financial ratio to
analyse the performance of past four years and comparison with the competitors. Apart from that
analysing the trend analysis of financial performance to determine the efficiency and
effectiveness of the company.
Individual Report on Chosen Company - Tesco_2

Table of Contents
Executive summary..........................................................................................................................2
INTRODUCTION ..........................................................................................................................4
MAIN BODY...................................................................................................................................4
Nature of business and financial performance............................................................................4
Financial performance of the company of past years and comparison with the competitors.....5
Comparison of company with the competitor.............................................................................8
Trend analysis ............................................................................................................................8
Investor point of view and conclusion and recommendation for future...................................10
Conclusion and recommendation ..................................................................................................11
REFERENCES..............................................................................................................................12
Individual Report on Chosen Company - Tesco_3

INTRODUCTION
In this report the company that is chosen is Tesco, which is British multinational
groceries merchandise retailer headquarter in Welwyn Garden City. It is third largest retailer in
the world measured by gross revenues (Cantele and Zardini, 2018). It is one of ninth largest in
the world according the revenue. It is founded by Jack Cohen as group of market stalls in
Hackney, London. This first appearance of this brand in 1924. After that Tesco grew organically
and through acquisition until it owned more than 800 shops. Company has started to expand the
range of products it sold during the 1960s to include the household goods and clothing under
Delamare brand and in the year 1974 opened its first petrol station.
SECTION A
Nature of business and financial performance
Tesco PLC is retail company and engaged in the business of retailing and associated
activities and Retail banking and insurance services. This is British multinational seller company
and its headquarter in England. It follow the hierarchical organisational structure. In this
structure, position and obligation are divided into many parts to make sure that every thing get
go smother and efficiently. This is the reason that it plays important part in successful in the
company and help in growth in the business. The position and obligation is divided into large
number of employees and top management who were engaged in the working in the organisation
(Korompot and Warongan, 2017). This helps in increasing the effectiveness of the company and
leads to many advantages and helps in ruling in the market. Company is generally launched
many outlets and coming up with many new ideas and innovation which is necessary for the
successful. Nowadays it also come into e-commerce business and it is one of the several new
business developments developments that propelled the company's financial growth during the
21st century.
Financial performance of the company of past four years is satisfactory and its sales
volume is increasing years to years and there is no fall in recent years that state the positive sign.
In the year 2016, the revenue is 53.93b and in year 2017, the revenue is 55.93b which is
increasing steadily. Like in the year 2018 the sales is 57.49b and it rises to 63.91b in the year
2019 and again it increases to 64.76b in the year 2020. This tells that company has performing
well in last four years and did not face any fall in sales which shows the rise in the growth in the
Individual Report on Chosen Company - Tesco_4

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