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Strategic Management: Tesco's Strategies and Analysis

   

Added on  2023-04-11

19 Pages666 Words293 Views
Strategic Management

INTRODUCTION
Tesco PLC is known for its
wide spread range of feasible
grocery products.
Being rated as third largest
retailer in the world, Tesco
has been ruling this grocery
market with its simple yet
exclusive management
strategies.

TASK 1: Strategic direction being followed by Tesco
in past
Company has been extending its product range frequently
since its establishment.
Continuous analysis of business environment both externally
and internally.
Expansion strategies are always active. Markets are explored
and conquered with correct strategic planning.

Development of strategic thinking
Following developments have been experienced by the
organisation since last five years:
International Expansion
New Product range excluding food products
Retail store developments

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