Management and organizations in Tesco Assignment

Running Head: TESCO 1
Management and organizations
Student’s Name
Course
University
Date

2
Table of Contents
INTRODUCTION.....................................................................................................................................3
TASK ONE................................................................................................................................................4
TESCO PLC..............................................................................................................................................4
TASK TWO...............................................................................................................................................5
THE ORGANIZATIONAL STRUCTURE OF TESCO PLC...............................................................5
STRATEGIES USED BY THE COMPANY AMIDST BREXIT..........................................................6
TASK THREE...........................................................................................................................................8
MODERN MANAGEMENT APPROACH FOR THE TESCO............................................................8
Contingency approach to management....................................................................................................8
TASK FOUR............................................................................................................................................10
Porter’s five forces analysis for Tesco....................................................................................................10
THE THREAT THAT IS RELEVANT TO BREXIT..........................................................................12
Conclusion................................................................................................................................................13
Reference..................................................................................................................................................14

3
INTRODUCTION
Brexit is one of the most recent trending news in the social media in the United Kingdom (de
Witte, 2017). The United Kingdom held a referendum on June 23rd 2016 where more than 51%
of the citizens voted to leave the European Union. This led to the resignation of the former Prime
Minister David Cameron (Goodwin and Heath, 2016). The alienation has diverse consequences
to various companies in the UK (Chalmers, 2017). This is because of the trade restrictions that
might exist where EU non-members will not be allowed to trade in the EU nations hence
affecting the market that some of the companies had already established (Dallago, 2016). This
report is going to focus on TESCO Private Limited Company which has its headquarters in the
UK. The report is going to outline various ways through which the company is preparing for
Brexit amidst negotiations that are still in progress till the implementation on 16th March in 2019.
The report shall outline various aspects under task one, two and three.

4
TASK ONE
TESCO PLC
Tesco is a British multinational company that trades in groceries and general merchandise whose
headquarters is in Welwyn, Garden city, Hertfordshire in England in the UK.This is a private
limited company based in the UK that sell groceries and other food staffs (Barnes, 2011). The
company is among the best performing companies in the UK. The company is based in the
United Kingdom occupying over 25% of the market share in UK and is a market leader in the
UK as well as in other markets like Malaysia and Thailand. The company was found by Jack
Cohen in 1929. The company stocks are traded in the London Stock Exchange under the symbol
TSCO. It operates in the diverse business segments in retail industry including grocery, apparel,
books etc., as well as services related to financing, DVD rentals and internet services.
Tesco operates various chain stores in other countries in Europe which has contributed much to
its great success in the competitive business environment. The company’s success has also been
attributed to its strong marketing strategies used by the organization to enhance the brand
awareness to the consumers. Tesco has made use of the technology by advertising its products
into various blogs and social platforms increasing the sales due to the large number of available
consumers for the product.