Porters Five Forces Model Assignment

Table of Contents
INTRODUCTION........................................................................................................... 3
A Porter’s five forces model........................................................................................ 3
B. Strategic Resources & Capabilities.........................................................................4
C. Stakeholders.......................................................................................................... 6
D. Business & Corporate Strategies............................................................................7
CONCLUSION.............................................................................................................. 8
REFRENCES................................................................................................................ 9
STRATEGIC
MANAGEMENT
(Completed file)

INTRODUCTION
Strategic management is a continuous process which helps an organization to analyze, monitor
and assessment its activities in order to accomplish its goals and objectives. In every
organization strategic management plays an essential role as it aids them to survive for longer
period of time at competitive market place. By the help of this, management makes plan for

dealing with future competencies and develop its own position in the working area (Ansoff and
et. al., 2018). Also, they develop innovative ideas and opt advanced technologies for fulfilling
customers need or requirement and make strategic balance between both organizational
resources and goals in the market. As this present research report, it has been disused about the
food retail company of United Kingdom. In this report covered porters five force model for
analyzing competition at competitive market area. Also, VRIN model helps in organization to
analyze its internal capabilities in an effective manner. In addition to this report three
stakeholders are to be takes i.e., employees, government and customer for identifying how they
marinating effective relationship in an organization for providing services to customers. At last,
scope of acquisition is going to be covered in this report.
A Porter’s five forces model
This model is a framework which is used by an every organization for analyzing its
competition in the market environment. It helps business to deal with the market situation and
gain competition in order to accomplish goal and objectives. The main motive of porters five
force model is to analyze or identify their strengths and weakness and guide them to enhance
their level of competition at market place ( Noe and et. al., 2017). Along with this model ensures
to determine companies industrial structure and its corporate strategy for maintaining their
growth and sustainability in an appropriate way. In this section chosen business entity is Tesco
plc group that is based on general merchandise retailer and multinational company. This is
founded by Jack Cohn in the year 1919 and its headquarter in Welwyn Gaden City,
Hertfordshire, England, United Kingdom. Tesco plc company is basically a supermarket or
superstore and their motive is to provide food or any other item at their potential customers in all
around the word and cover huge market share. This company used porters five force model for
measuring its competition, attractiveness, and profitability at market place. Managers of Tesco
plc should use this model for understanding that how this five competitive forces enhance
profitability and establish some strategies for increasing competition and huge loge term
profitability in retail industry. The porters five forces model of Tesco company are described as
below:-
 Threat of New Entrants: - In this force threat of new entrants of Tesco plc is higher as
there are huge scope of expanding business and earning profit. This is because now a
day’s people love to explore new places or eat their special dishes so it is easy for any
company to enter into the market by bringing innovation or doing something new for
attracting customers towards their brand at market place and run business in an effective
way. In context to, Tesco if they make continuous improvement in their food and
provides in good quality at affordable price then it will be easy for them to retain old
customers and attract new customers for longer period of time ( Wheelen and et. al.,
2017).