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tesco business report

   

Added on  2023-01-13

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TESCO BUSINESS
REPORT
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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Company overview 'TESCO'......................................................................................................1
Porter's Five Forces Model..........................................................................................................2
Evaluation of inbound logistics, operations and outbound logistics...........................................5
Analyse two support activities of Porter's Value Chain..............................................................6
Value adding activities of TESCO..............................................................................................7
Innovative ideas to enhance business process and competitive advantage.................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
Organisations operate their business functions in a dynamic conditions which has
immediate impact over decisions and functions of company. These particular surroundings
known as business environment (business environment, 2020). There are two sub environments
namely internal and external. Intrinsic surroundings includes company's objectives, strategies,
policies, human and financial resources, corporate culture, organisation structure etc. External
factors involve political, economic, competitive, technological, global so on. All these forces
generates number of challenges and opportunities for organisations (Prajogo and Oke, 2016).
Information Technology is an essential aspect of management for running and operating
business function efficiently. An effective IT helps business to operate basic processing of
transactions. It enables business owners to collect and record relevant information regarding
employees, inventory etc. Also, it builds various management systems such as communication,
data, customer relationships, inventory.
This research report encloses thorough detailed information regarding TESCO. It exhibits
company overview in terms of its background data, products and services, current strategies.
Further, report describes Porter's Five Forces model in order to understand competitive
environment of given organisation. Also, discussed framework of Porter's value chain with
purpose of examine logistics and transformation of raw material into finished goods.
MAIN BODY
Company overview 'TESCO'.
TESCO plc is one of the largest British Multinational Corporation as well as third bigger
retailer of groceries and merchandise across Europe, Asia. Company has its headquarters situated
in Hertfordshire, UK. Company deals owns large number of supermarkets, hypermarkets,
superstores and convenience shops across seven countries including Europe and Asia. Tesco
serves and deals huge product portfolio which includes quality food, groceries, clothing
merchandise, home appliances, beverages, financial services and more. TESCO was established
by Jack Cohen in 1919 in form of market stalls. Today, company has strong brand position
worldwide as firm holds ninth position of largest in world in terms of gross revenues. Vision of
Tesco is to serves products that add value to customer's lives and make better together. Mission
of company is that to be winner for consumers by offering them best quality products for life.
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