TESCO's Offshoring and Outsourcing Strategies: A Research Report

This report is a research project focusing on the offshoring and outsourcing strategies of TESCO, a multinational company. The research aims to determine the benefits and risks associated with these practices. The study explores the concepts of offshoring and outsourcing, identifying their impact on TESCO's financial performance and business growth on an international scale. The findings are based on a survey, indicating that most respondents are aware of offshoring and outsourcing and believe it positively influences TESCO's financial performance. The report also highlights the main benefits, such as reduced operational costs, and suggests recommendations for TESCO's management to enhance the quality of goods and services. References to relevant sources are included.

RESEARCH PROJECT

Cover Content
• Introduction
• Research aims
• Research objectives
• Findings
• Recommendation
• References

Introduction
Globalisation is termed as the integration of two or more nations, person and
company beyond national boundaries for the overall purpose of growth. This
concept directly helps business organisations in enhancing profitability which
leads to overall development of society. Offshoring and outsourcing are also
promoted by the concept of globalisation as it simply provides opportunities to
business organisations.

Research Aim
The main of research of current study is “To determine benefits and risk of offshoring and
outsourcing for multinational company working at global level” A case study on
TESCO.

Research Objective
To determine the concept of offshoring and outsourcing
To identify major benefits and risks of offshoring and outsourcing for TESCO.
To evaluate role of offshoring and outsourcing in the business growth of TESCO at
international scale.

Findings
Theme 1: Concept of offshoring and outsourcing
Q 1) Are you aware with the concept of
offshoring and outsourcing?
Freque
ncy
a) Yes 25
b) No 15

Continue..
Theme 2: Outsourcing and
offshoring influences financial
performance of TESCO
Q 2) Do you think outsourcing and offshoring
influences financial performance of TESCO?
Frequency
a) Agree 30
b) Disagree 10

Continue..
Theme 3: Main benefit of offshoring
and outsourcing for TESCO
Q 3) As per your opinion, which one of the below
stated is main benefit of offshoring and outsourcing
for TESCO?
Frequency
a) Less consumption time 15
b) Reduces operational cost of company 15
c) Better approach to expertise staff 10

Theme 4: Offshoring and outsourcing
enhances profitability of TESCO
Q 4) Does offshoring and outsourcing enhances
profitability of TESCO?
Frequency
a) Agree 32
b) Disagree 8
Continue..

Recommendations
With the help of above stated report, it has been identified that there are various
factors which need to be considered by the management team of TESCO.
It has also been said that if managers adopt all these recommendations effectively
within the organization it will assist them for there future growth. For this,
researcher give some recommendations to the management which assist in
enhancing the quality of goods and services.

References
Webb, J., 2017. What Is Offshoring? What Is Outsourcing? Are They Different?.
[Online]. Available Through:
<https://www.forbes.com/sites/jwebb/2017/07/28/what-is-offshoring-what-is-
outsourcing-are-they-different/#6b6d6c772a2e>.
Overby, S., 2019. What is outsourcing? Definitions, best practices, challenges and
advice. [Online]. Available Through:
<https://www.cio.com/article/2439495/outsourcing->