Internal Analysis of Tesco using VRIO Framework

Running head: MANAGEMENT
Management
Name of the Student
Name of the University
Author Note

1MANAGEMENT
Table of Contents
Introduction:...............................................................................................................................3
Organizational Overview:..........................................................................................................4
VRIO Framework:.....................................................................................................................4
Conclusion:................................................................................................................................9
References:...............................................................................................................................10

2MANAGEMENT
Introduction:
The significance of the internal analysis is observed to be associated with a notable
increment in the modern world of business. Rothaermel (2013), claimed that the companies
are facing the effect of the globalization through the reduction in the market monopoly. As
the globalization is able to reduce the barriers of interaction between the people across the
globe and enabled the business houses to conduct their business operations with reduced
challenges, the business expansion from various companies is seen to be significantly
prominent. As a result, the competitiveness amongst the organizations in various business
industries is observed to reach its peak in the current century. Under such situation, it
becomes difficult for the established organizations to maintain the sustainability of their
business. With a precise focus on the increasing entry of the new organizations in various
business industries, it is pretty evident that the growth and survival of considerable number of
established organizations are at threat. Under such situation, the managers of the company
have the responsibility of evaluating the capability of their companies for managing the
business competition. The evaluation from the part of the companies for identifying their
capability of the companies is recognized as the internal analysis. The companies operating in
the modern world of business, are observed to be more inclined towards the usage of the
SWOT analysis, VRIO analysis along with the Resource Based Review for evaluating their
capability in managing the significant increment of the business competition (Hill, Jones &
Schilling, 2014). The paper is focused in analysing the business operations of one such
organization named as Tesco, operating in the global retail industry. The paper discusses
regarding the resources and capabilities of the company with precise application of the VRIO
framework. Along with that, the paper provides an overview of the organization for
elaborating the history of its business operations.