Company Appraisal of Tesco Limited

Company appraisal

Table of Contents
INTRODUCTION......................................................................................................................3
MAIN BODY.............................................................................................................................6
TASK 1......................................................................................................................................6
TASK 2......................................................................................................................................8
CONCLUSION........................................................................................................................11
REFERENCES.........................................................................................................................12
Books and Journals:.............................................................................................................12

INTRODUCTION
This report will discuss the company appraisal of Tesco Limited which is a UK-based
organisation. Tesco limited is found to be a British multinational grocery organisation that
runs its business not only in the United Kingdom but also in many other countries (Callahan,
Palia, and Talley 2018). It found that Tesco is the third largest retailer in the world in terms of
gross revenues. The founder of Tesco limited is Jack Cohen who founded the organisation in
1919, in London, England. The main headquarter of the company is situated in Welwyn
Garden City, Hertfordshire, England. They are dealing and grocery products and currently
expanding their products and services portfolio. The major competitors of the company are
Sainsbury's, Unilever, Asda, etc. The unique selling point of Tesco is that they are the most
prominent retailer in the world.
It is important to understand the different types of organisations because the legal
structures are variant according to their type. Different types of the organisation include
public companies, voluntary, a private companies, public sector and charity. These are the
important organisation types which are different from the purpose as well as their legal
structures. Public companies are the ones which have the main purpose to earn profits with
the inclusion of society (Karimi, 2019). The control of public companies is always in the
hand of the government. Private companies have a separate legal entity and there is no
interference from the government. Private companies can be formed as sole proprietorships,
partnerships, etc. Voluntary organisations are formed with the will of an individual. That
means the person who is working in the voluntary organisation has a well to work for the
society. No person can be appointed without their consent. Charity organisations are formed
for the particular purpose of social welfare. There are many Organisations in the form of
charity running in the UK.
Tesco is found to be a public limited organisation. They are able to advertise their
shares to the general public through the stock exchange. The structure of the organisation is
hierarchical. Tesco is an example of a decentralized structure in the UK supermarket chain
that has a tall structure which includes multiple layers within the hierarchy. It is also
identified that Tesco's structure is also based on functions. They're focusing on the division of
positions and obligations in order to ensure the work should be effectively performed and
smoothly done.It is important for the organisation they have a mission and vision statement
because it helps to guide the organisation in its future actions. This report will discuss the

operations related to Tesco and that's why it is crucial to know the vision and mission
statement of Tesco.
The vision statement of Tesco is to be the most highly valued business by the
customers we serve, by the community where we operate; by our committed colleagues and
loyal shareholders. The mission statement of Tesco is we make what matters better together.
The aim of Tesco PLC is to become a leading retail supermarket in the world that provided
excellent quality service to customers including the entire product portfolio such as food and
clothes with a low-cost strategy. Characters of the company are to increase profits by
increasing sales and for that purpose, they are focused on providing better service of care to
the customers so that they will stay forever in the company (Ahmad and et.al,. 2018). The
company is also able to new customers from the competitors which will definitely increase
their profits. Their objectives are measurable because they always keep track of the volume
of sales.
Every organisation has a responsibility towards it and that's why it is a similar case
with Tesco. Tesco has a responsibility to reduce carbon dioxide gas in order to overcome the
challenge of global warming. It is the agenda of the United Kingdom that they will get a
carbon-free country by 2050. This is the main reason that government makes pressure on
organisations like Tesco to do something for achieving this goal. In addition to this, earlier
there was an impact of Brexit but currently, it has not had as much impact on the
organisation (Bai and Murphy, 2022). One of the important pressures felt by the organisation
during the last 2 years was COVID-19. It was an external factor which cannot be controlled
by the organisation and provided a negative impact on the organisation's operations. All the
work was stopped for the purpose of stopping the propagation of the virus in the world. That's
why company faces many negative impacts, especially on their sales and profits.
Tesco is related to the retail industry which is found a very big contribution in the
UK. It is identified that the retail industries are an integral part of the economy of the United
Kingdom as it comprises 5.2% of the gross domestic product in 2020. From this figure, we
can say that retail industries play an important role in the UK. It is very important to
understand that post-COVID-19 challenges provide a negative impact on the organisation
because it becomes very difficult for the company to come back again in the market. There
are many economic and environmental challenges found after the pandemic which become
very difficult for organisations to cope with that (Arrebola Ayala, 2019). It is found due to the