Study and communication skills Assignment

Added on - 03 Dec 2019

  • 15

    Pages

  • 5011

    Words

  • 121

    Views

  • 0

    Downloads

Trusted by +2 million users,
1000+ happy students everyday
Showing pages 1 to 4 of 15 pages
Study andcommunication skills
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. Summary of the report........................................................................................................12. Comparative analysis of facts and opinions raised in the story..........................................13. Evaluation of key arguments in two sources......................................................................2TASK 2............................................................................................................................................24. Analysis of different types of recorded business material..................................................25. Summary notes of the lecture.............................................................................................36. Comprehensive analysis of the notes.................................................................................3TASK 3............................................................................................................................................4A) Case study of Aldi and Lidl...............................................................................................4B) Written argumentation supporting evidence to non-routine business problem.................4C) Cause and effect relationship.............................................................................................5D) Hedging and caution to the analysis..................................................................................5E) Harvard referencing system...............................................................................................6TASK 4............................................................................................................................................6G. Effectiveness of participation in business situations and group works.............................6H) Providing opportunities to others with contributing their ideas and opinions..................7I). Strategy to improve the access of information and knowledge.........................................7J). Appropriate presentation and non-verbal skills during business presentation..................7K). Direct discussion to attain the objectives.........................................................................8L). Personal performance to set future learning goals and objectives....................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONCommunication is considered as one of the most important elements that should exist in afirm. Effective communication refers to transmission of message from one end to another. Inother words, an effective communication is referred as understanding of language by the partieswho are involved in the communication process (Goetsch and Davis, 2014). Regarding thecurrent scenario, a case study has been taken which is reviewed through different sources likejournals, articles and newspapers. Case study of UK’s largest retail sector Tesco Plc has beenexplained throughout the report. Readers will enable themselves in understanding the biggestloss situation that is faced by Tesco in the past. Overall summary of topic have been evaluated inorder to provide an easy understanding.TASK 11. Summary of the reportIt has been found in different articles that Tesco Plc had faced huge loss in the pastperiod. In the year 2014, it has been recorded that the firm has faced the biggest ever losingsituation in the history of business. As a result of such a big loss, Tesco had to terminate 45stores in some areas of the UK. Moreover, another critical effect of the biggest loss to Tesco canbe observed in terms of loss of around 2500 jobs. Thus, loss in the firm has a negative impact onthe operation of the company in terms of job loss and fiscal deficit (Back and et.al., 2007). Oneof the major reasons for such a massive downfall could be emergence of other small scaledretailers who have began to sell their products at cheaper rates with the help of online marketing.On the basis of article, it has been found that Tesco's new manager implemented new policies forbringing improvement in the operations of business.2. Comparative analysis of facts and opinions raised in the storyThere are number of articles which have been used to find out the most relevantinformation regarding the crisis which have been faced by Tesco during recession period. Certainfacts and information have been discussed in detail regarding Tesco's condition during under-performing period (Fletcher and et.al., 2009).According to Guardian and Mail, similar information has been found that Tesco hadfaced hard-bitten competition through many other small-scaled firms like Aldi during1
loss period. Low-priced and multiple products offered by Aldi and Lidl had createdproblematic situations for Tesco as well.Guardian also demonstrated that Tesco had also faced net pension deficit wherein, thefirm had to pay sum of around 270 million pounds. On the other hand, according to thejournal passed by Mail, it has been revealed that Tesco was also liable to pay the net debtof 8.5 billion pounds which is considered as a huge debt amount for any businessorganization (Jacobson, 2009).3. Evaluation of key arguments in two sourcesThrough evaluating the key arguments in two different sources of articles, following datais revealed which has been explained as below:It has been found through different articles that Tesco has been domineering the suppliersand due to this, suppliers become harsh on it. As a result, the firm could not offermultiple products at a single point of time. However, Tesco argued against this becausethey did not exercise any kind of activity in this manner and they got succeeded to escapefrom penalty (Rees, Sheard and McPherson, 2002).Irregularity in accounting section of Tesco is another major outcome of the evaluation.Tesco declared that accounting irregularity is one of the major reasons which led theminto losing situations. However, according to Mail, it has been revealed that Tesco neverdeclared their accounting irregularities in fact they manipulated their stakeholders.TASK 24. Analysis of different types of recorded business materialOn the basis of video, it has been found that there are several issues which areresponsible for the emergence of such a downfall in prices of oil. One of the major reasons thatare responsible for such issue is the diminishing global economy. The effect of changes in globaleconomy can be observed on many large business organizations of Europe. Apart from that,Japan and Brazil also got affected by such a downfall in oil pricesDrop in oil prices couldreshape world economy, 2015). It has been found that there is around 40% decline in oil pricesthroughout the world which has been considered as a major concern for all companies. However,from the viewpoints of new reporters and as per the articles, such a huge decline in oil prices can2
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document