SWOT Analysis of Tesco PLC

Table of Contents
Summary of the chosen organization: Tesco PLC. ..................................................................2
Introduction...................................................................................................................................4
Task 1: Self-Assessment Report (LO 1)......................................................................................4
LO 1: Being able to determine own responsibilities and performance ............................4
SWOT Analysis..........................................................................................................................6
Task 2 (LO 2, LO 3, M1, M2, D2 and D3)...................................................................................8
LO 2: Being able to develop interpersonal and transferable skills.....................................8
LO 3: Understanding the dynamics of working with others............................................10
Task 3 (LO4, M3, D1 and D3)....................................................................................................12
LO 4: Being able to develop strategies for problem solving.............................................12
Conclusion...................................................................................................................................15

Summary of the chosen organization: Tesco PLC.
Tesco PLC. can be described as the British multinational retail giant with its headquarters
in Welwyn Garden City, Hertfordshire, England. The company is found to be dealing in grocery
and general products. The company in concern is the third largest retailer across the world on
account of its profit margin, whereas the company has a fifth rank in global scale in context of
revenues. The retailer of multinational stature is said to have stores in both Asia and Europe and
is largely regarded as the grocery market leader within the UK territory. The company has its
stores across the international platform and the number amounts to near about 6800 and amongst
them, more than 430 stores have come up off late since the year of 2012.
The organizational structure of the British multinational retailer can be summed up as:
Board of Directors, Executive Committees, Sales, Customer, Operations, Marketing and
Customer, HR, Revenue Management, Sales and Customer, Sales and Distribution, Technology.
The supermarket chain is said to have utilized business methods of innovative nature in its
respective rise and the journey is effectively inclusive of creating stores i.e. Tesco Metro and
Tesco Express; which are renowned small scale stores meant for serving the local
neighbourhoods in terms of ensuring the fact that shopping becomes a more convenient
experience for the respective consumers.
The specified business strategic approach of Tesco PLC. can be tagged as cost leadership
that is imminently focused on the concerns of availability, range as well as customer service. In
the economic year of 2015, the retail giant reportedly gathered a group trading profit of GBP 1.4
billion in respect of the amounted group sales of GBP 69.7 billion.
As far as Tesco PLC. is concerned, it can be defined as an internationally powerful retail
brand that has found its rank in the top 100 globally most valued brands because its business
marketing and customer service respectively. The retailer with a powerful legacy is said to be
such a business organization that has been designed for offering value for the factors of money,
convenience, effective line-up of company products and last but not the least – locally sensitive
management.
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The company of international reputation is not free from scandalous incidents and a
recent issue in this connection has been the overstatement of commercial income by GBP 208
million that came into focus with the cases of supplier mismanagement and mal-treatment. The
company has been subjected to several business marketing scenarios and that have in turn
strengthened the business core and the company has become liable towards the consumer section
in restoring the trust in the brand image because focusing on the organizational core values –
which are by and large the innate reasons behind the popularity of the business company.
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Introduction
Employability skills are significant for unless the candidates i.e. individuals possess the
requisite skills, they will not be able to contribute effectively towards the organizational
outcome. The learners must be equipped with a certain range of skills and knowledge that would
in turn enable them in terms of being effective performers in seeking as well as achieving
effective employment provisions (de Guzman and Choi, 2013).
It is essential to be equipped with employability skills and that are concerning the basic
factors such as effective communication, problem solving attitude etc.; while there should be
good grasp of the skills among the learners essentially required for performing successfully in
the respective work environment.
It consists of the skills required for general employment, such as interpersonal and
transferable skills, and the ability to work with others in teams or groups, including leadership
and communication skills. Moreover, it is inclusive of the concerned assessment of the
understanding of the regular routine issues that eventually are found to be consequence in the
ability of problem solving with accurate precision. In the concerned work of research, the issue
of employability, HR perspective and HRM issues have effectively been discussed in context of
the chosen UK organization of Tesco PLC (Hogan et al. 2013).
Task 1: Self-Assessment Report (LO 1)
LO 1: Being able to determine own responsibilities and performance
Developing a set of own responsibilities and performance objectives (AC 1.1)
As an employee, I have certain responsibilities towards the business organization in
which I’m employed and thus my performance should be in accordance with the organizational
criteria. My performance would aid in the business outcome of the company and that would add
to the company profitability via the channel of productivity (Ju et al. 2011).
Being engaged in the retail segment of the company in the form of a fresher
representative customer service, I should be aware of my responsibilities and performance for
that would be considered as a whole in the overall assessment procedure. In course of time and
experience, I would be capable enough to determine my responsibilities and in this case, the
preliminary responsibilities are inclusive of providing customer satisfaction and helping the
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