Strategic Business Context: Analysis of Tesco's Business Approach
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This report provides a comprehensive analysis of Tesco's business context, strategies, leadership, and corporate social responsibility (CSR) initiatives. Assignment 1 discusses the importance of CSR, sustainability, and ethical practices in global business, highlighting how companies like Tesco benefit from adopting such practices, enhancing brand equity and consumer loyalty through environmental stewardship and ethical conduct. Assignment 2 focuses on Tesco's organizational structure, leadership styles, and management practices, emphasizing the need for strategic alignment with stakeholder visions and ethical resource allocation to maintain a competitive edge in the retail industry. The report underscores the significance of ethical managerial and leadership styles in navigating the evolving business landscape and achieving sustainable growth.
Business Context to Business
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Table of Contents
Assignment 1................................................................................................................................... 3
Introduction..................................................................................................................................3
Main Body................................................................................................................................... 3
Conclusion................................................................................................................................... 5
Assignment 2................................................................................................................................... 6
Introduction..................................................................................................................................6
Overview of the organization...................................................................................................... 6
Rationale regarding choosing this organizational........................................................................7
Culture and management style influencing the business functions and strategies with specific
examples.................................................................................................................................... 10
Recommendations......................................................................................................................10
Conclusion................................................................................................................................. 12
Reference List................................................................................................................................ 13
2
Assignment 1................................................................................................................................... 3
Introduction..................................................................................................................................3
Main Body................................................................................................................................... 3
Conclusion................................................................................................................................... 5
Assignment 2................................................................................................................................... 6
Introduction..................................................................................................................................6
Overview of the organization...................................................................................................... 6
Rationale regarding choosing this organizational........................................................................7
Culture and management style influencing the business functions and strategies with specific
examples.................................................................................................................................... 10
Recommendations......................................................................................................................10
Conclusion................................................................................................................................. 12
Reference List................................................................................................................................ 13
2
Assignment 1
Introduction
In the current era of extensive digital revolution, it has been observed quite significantly that the
utmost fundamental way of conducting and organizing any business sector has been changed
drastically in recent context and it has also been observed that the overall availability of
technological equipments are also growing in a rapid way. For performing different activities at a
global scale, it is mostly essential for different business organizations to make on their
technological advancement. In addition to that, in recent context it is also essential for different
business organizations to maintain a basic form of CSR activities and ethical business practices
in order to be successful. It can also identify that it is almost necessary for different business
organizations to make ethical behavior in context to environmental, social and cultural issues.
Main Body
The key prospects of social responsibility can easily be demonstrated as such a ethical theory
that drives individuals to responsibly carrying their civic duties and actions so that can make
significant benefit towards their overall society. Maintain social responsibility will certainly lead
towards maintaining a swift balance between the social and economical growth of a continent.
Social responsibility can easily be accomplished by a range of different individuals if they are
able to maintain the perfect equilibrium all by themselves (Prezoto, 2018). Recently, the overall
environment regarding conducting business has been changed drastically and ultimately resulting
into bringing up the overall concept of global business at certain extension.
Therefore, it is extremely essential for different business organizations in recent context to
maintain some ethical factors at their business perspectives so that they can run their respective
business while adhere some specific principles that are also adheres of some diverse forms of
corporate social responsibilities. There are some reasons behind marinating responsibility,
sustainability and ethical perspectives while conducting successful business as these has the
ability of sustaining an entire economical architecture at certain extension.
First of all, different issues are needed to be identified by the organizations that are linked with
environmental sustainability since it has been observed that any form of instability at the
environmental aspects might cause serious damage to the future. Therefore, it can easily be
3
Introduction
In the current era of extensive digital revolution, it has been observed quite significantly that the
utmost fundamental way of conducting and organizing any business sector has been changed
drastically in recent context and it has also been observed that the overall availability of
technological equipments are also growing in a rapid way. For performing different activities at a
global scale, it is mostly essential for different business organizations to make on their
technological advancement. In addition to that, in recent context it is also essential for different
business organizations to maintain a basic form of CSR activities and ethical business practices
in order to be successful. It can also identify that it is almost necessary for different business
organizations to make ethical behavior in context to environmental, social and cultural issues.
Main Body
The key prospects of social responsibility can easily be demonstrated as such a ethical theory
that drives individuals to responsibly carrying their civic duties and actions so that can make
significant benefit towards their overall society. Maintain social responsibility will certainly lead
towards maintaining a swift balance between the social and economical growth of a continent.
Social responsibility can easily be accomplished by a range of different individuals if they are
able to maintain the perfect equilibrium all by themselves (Prezoto, 2018). Recently, the overall
environment regarding conducting business has been changed drastically and ultimately resulting
into bringing up the overall concept of global business at certain extension.
Therefore, it is extremely essential for different business organizations in recent context to
maintain some ethical factors at their business perspectives so that they can run their respective
business while adhere some specific principles that are also adheres of some diverse forms of
corporate social responsibilities. There are some reasons behind marinating responsibility,
sustainability and ethical perspectives while conducting successful business as these has the
ability of sustaining an entire economical architecture at certain extension.
First of all, different issues are needed to be identified by the organizations that are linked with
environmental sustainability since it has been observed that any form of instability at the
environmental aspects might cause serious damage to the future. Therefore, it can easily be
3
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described that organizations are needed to maintain their overall environmental aspects at certain
extension (Balqiah et al., 2017). From the perspective regarding economical growth, different
countries needed to make active trade among one another so that they can get some extra
advantage.
In order to so, the countries are needed to lower their overall rate of taxation regarding importing
and exporting so that they can get indulged in a global market scenario. However, increased
facility towards the entire multinational organizations might hurt the overall existence of
domestic organization as they might lose at several prices. In addition to that, the multinational
organizations are needed to understand the overall cultural aspects of another country before
entering into it as without doing that there is a high chance that local residents will not like their
products or services in comparison with local organizations at certain extension. For mitigating
the overall requirements and needs, it is needed for different international or global organizations
to make sure the fact that they are maintain the basic rules and regulations regarding CSR
activities (Casson and Pavelin, 2016).
The activities that are closely related with CSR can get associated with a range of different
operations so that they can conduct an ethical business practice. It can deal with both
environmental and social aspects simultaneously. The overall human rights and business operator
location are also closely related with performing CSR activities from the perspective of different
organizations as a whole. The success rate of multinational organizations in context to different
countries can be increased significantly while maintaining their overall CSR activities. In recent
situations, it has been closely observed that consumers are willing to purchase such products that
does not harm the overall environmental aspect since they are getting aware of the bad effect s of
instable environment at certain extension (Cramer, 2017).
From recent study and statistics, it has been observed that almost 90% of the global consumers
are willing to disgrace such products that have a probability of polluting the overall environment.
Conversely, another study has proven the fact that almost 84% of the total consumers are quite
willing to buy products from only those organizations that have a good grasp at their overall CSR
activities. As a certain instance, multinational retailer Tesco has been adopted such practices
regarding CSR activities that assist them extensively at gaining positive perception from both
their stakeholder and shareholder base. They have also been successful at gaining the loyalty of a
4
extension (Balqiah et al., 2017). From the perspective regarding economical growth, different
countries needed to make active trade among one another so that they can get some extra
advantage.
In order to so, the countries are needed to lower their overall rate of taxation regarding importing
and exporting so that they can get indulged in a global market scenario. However, increased
facility towards the entire multinational organizations might hurt the overall existence of
domestic organization as they might lose at several prices. In addition to that, the multinational
organizations are needed to understand the overall cultural aspects of another country before
entering into it as without doing that there is a high chance that local residents will not like their
products or services in comparison with local organizations at certain extension. For mitigating
the overall requirements and needs, it is needed for different international or global organizations
to make sure the fact that they are maintain the basic rules and regulations regarding CSR
activities (Casson and Pavelin, 2016).
The activities that are closely related with CSR can get associated with a range of different
operations so that they can conduct an ethical business practice. It can deal with both
environmental and social aspects simultaneously. The overall human rights and business operator
location are also closely related with performing CSR activities from the perspective of different
organizations as a whole. The success rate of multinational organizations in context to different
countries can be increased significantly while maintaining their overall CSR activities. In recent
situations, it has been closely observed that consumers are willing to purchase such products that
does not harm the overall environmental aspect since they are getting aware of the bad effect s of
instable environment at certain extension (Cramer, 2017).
From recent study and statistics, it has been observed that almost 90% of the global consumers
are willing to disgrace such products that have a probability of polluting the overall environment.
Conversely, another study has proven the fact that almost 84% of the total consumers are quite
willing to buy products from only those organizations that have a good grasp at their overall CSR
activities. As a certain instance, multinational retailer Tesco has been adopted such practices
regarding CSR activities that assist them extensively at gaining positive perception from both
their stakeholder and shareholder base. They have also been successful at gaining the loyalty of a
4
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certain consumer base, which will ultimately assist them at gaining positive revenue generation
and brand equity (Alonso‐Almeida et al., 2015). The current aim of Tesco is to reduce their
overall carbon emission towards their subsequent environment by 100% so that they can fulfill
the overall needs and expectations regarding CSR activities.
In addition to that, it has also been assessed that the key impacts of CSR activities has made
surveyor impact at the overall roles and responsibilities of different leaders belonging from
different organizations. The overall practice of CSR related activities can really influence the
entire decision making process of different organizations (Picciotto, 2017). Leaders can also over
hall the entire parameter of conducting business while taking different decisions regarding CSR
activities. The current needs and requirements different environmental aspects can easily be
minimized through the help of effective and efficient CSR related activities at certain extension.
The affect of operational cost is also needed to be taken into consideration at the time of
performing CSR activities since it will radically help them at make more responsible approach
towards their overall business operations.
Conclusion
After analyzing the entire study, it can be easily concluded that organizations need to maintain
their overall CSR activities so that they can maintain their overall environmental, cultural and
ethical perspectives so that they can make significant change at their consumer perspectives.
Moreover, they need to maintain basic ethics so that they can maintain their business operations
in an ethical and more genuine way.
5
and brand equity (Alonso‐Almeida et al., 2015). The current aim of Tesco is to reduce their
overall carbon emission towards their subsequent environment by 100% so that they can fulfill
the overall needs and expectations regarding CSR activities.
In addition to that, it has also been assessed that the key impacts of CSR activities has made
surveyor impact at the overall roles and responsibilities of different leaders belonging from
different organizations. The overall practice of CSR related activities can really influence the
entire decision making process of different organizations (Picciotto, 2017). Leaders can also over
hall the entire parameter of conducting business while taking different decisions regarding CSR
activities. The current needs and requirements different environmental aspects can easily be
minimized through the help of effective and efficient CSR related activities at certain extension.
The affect of operational cost is also needed to be taken into consideration at the time of
performing CSR activities since it will radically help them at make more responsible approach
towards their overall business operations.
Conclusion
After analyzing the entire study, it can be easily concluded that organizations need to maintain
their overall CSR activities so that they can maintain their overall environmental, cultural and
ethical perspectives so that they can make significant change at their consumer perspectives.
Moreover, they need to maintain basic ethics so that they can maintain their business operations
in an ethical and more genuine way.
5
Assignment 2
Introduction
The overall functions and operation of different business organizations are needed to be carried
out by their respective leaders and managers so that they can conduct their overall goals and
objectives while maintaining prefabricated stability. Moreover, successful business organizations
not only thrive for exceptional business strategies since they also need some prefabricated and
extended amount of leadership skills and traits. Any organization can fall at their respective
business operations even after having fundamental aspects of conducting business as lack of
potential leadership skills might radically hurt the market position of any origination. The
particular study will have much more focus into different aspects regarding leadership and
management so that it can easily be adopted by a range of different multinational organizations
at certain extension. For understanding these aspects in a more clear view, Tesco has been
considered since they are the leading supermarket and grocery chain of entire United Kingdom.
Overview of the organization
Tesco is the largest UK based retail organization that has several presences at international
context. They are one of the most popular and biggest grocery stores from the perspective of
both revenue generation and number of overall stores. Outside of entire UK and EU regions, the
organization also has presence at several different Asian Countries. At the year of 2018, there
overall revenue generation has been estimated by almost 45 million USD, which is gigantic.
The entire brand value of the particular organization is 9.10 billion USD at certain extension. In
addition to that, at UK, their overall brand value has been estimated as 10.8 billion USD, which
is also enormous from the perspective of other business industries belonging from UK. At the
year of 2017, it has been observed that Tesco has more than 4,50,000 employees and they have
different stores at more than 6,500 locations (Bellet al., 2018). They also inherit an adequate
market share and brand value that makes them one of the largest retail chains of entire UK.
Despite the fact that the organization is quite successful at maintain their overall market share in
an adequate format, they also have a range of different competitors, which includes organizations
like Sainsbury, Asda, Waitrose and some others.
6
Introduction
The overall functions and operation of different business organizations are needed to be carried
out by their respective leaders and managers so that they can conduct their overall goals and
objectives while maintaining prefabricated stability. Moreover, successful business organizations
not only thrive for exceptional business strategies since they also need some prefabricated and
extended amount of leadership skills and traits. Any organization can fall at their respective
business operations even after having fundamental aspects of conducting business as lack of
potential leadership skills might radically hurt the market position of any origination. The
particular study will have much more focus into different aspects regarding leadership and
management so that it can easily be adopted by a range of different multinational organizations
at certain extension. For understanding these aspects in a more clear view, Tesco has been
considered since they are the leading supermarket and grocery chain of entire United Kingdom.
Overview of the organization
Tesco is the largest UK based retail organization that has several presences at international
context. They are one of the most popular and biggest grocery stores from the perspective of
both revenue generation and number of overall stores. Outside of entire UK and EU regions, the
organization also has presence at several different Asian Countries. At the year of 2018, there
overall revenue generation has been estimated by almost 45 million USD, which is gigantic.
The entire brand value of the particular organization is 9.10 billion USD at certain extension. In
addition to that, at UK, their overall brand value has been estimated as 10.8 billion USD, which
is also enormous from the perspective of other business industries belonging from UK. At the
year of 2017, it has been observed that Tesco has more than 4,50,000 employees and they have
different stores at more than 6,500 locations (Bellet al., 2018). They also inherit an adequate
market share and brand value that makes them one of the largest retail chains of entire UK.
Despite the fact that the organization is quite successful at maintain their overall market share in
an adequate format, they also have a range of different competitors, which includes organizations
like Sainsbury, Asda, Waitrose and some others.
6
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Rationale regarding choosing this organizational
It is essential for Tesco to make some divertive change at their overall product aspect so that they
can easily gain the overall perception of their entire consumer base at certain extension.
Moreover, they need to make some bio-products so that they can easily advocate the overall
healthy lifestyle of their entire consumer base at certain extension. Therefore, Tesco has been
selected for conducting the overall organization. In addition to that, Tesco as an international
business organization need to expand their overall business plan so that they can be more
effective and efficient at certain extension. The leaders belonging from Tesco need to make some
business expansion at international level in order to release some extraordinary products and
services towards their entire consumer base. Different strategies regarding effective and ethical
managerial and leadership business styles might also be extremely helpful towards organizations
like Tesco so that they can cope up with the changing business perspectives of the entire industry
(Chang, 2016).
For these reasons, Tesco has been selected for conducting the study. In addition to that, the
diversified marketing objectives and managerial processes has also helped effectively and
efficiently towards the process of getting recognition at Tesco, which can also be described as
the sole reason behind choosing the organization.
Leadership style, overall management practice in addition to organizational strategies of the
organization
This particular organization has such a vision that let them get encompasses with different single
perspectives while minimizing different negative aspects. In addition to that, they need to
conduct their overall business activities in accordance with some innovative managerial skill so
that they can maintain their basic factors of running successful business (Maylor et al., 2016).
The overall vision of the organization is needed to be aligned with their stakeholder’s vision so
that they can maintain the basic ethical perspectives at certain extension.
Moreover, they also need to maintain the vision of their organization so that they can operate the
right value of their entire consumer base at certain extension. In addition to that, for
understanding the ways, the management of the organization needs to make some ethical
business practices so that they can attain the overall ethical practices of their entire consumer
7
It is essential for Tesco to make some divertive change at their overall product aspect so that they
can easily gain the overall perception of their entire consumer base at certain extension.
Moreover, they need to make some bio-products so that they can easily advocate the overall
healthy lifestyle of their entire consumer base at certain extension. Therefore, Tesco has been
selected for conducting the overall organization. In addition to that, Tesco as an international
business organization need to expand their overall business plan so that they can be more
effective and efficient at certain extension. The leaders belonging from Tesco need to make some
business expansion at international level in order to release some extraordinary products and
services towards their entire consumer base. Different strategies regarding effective and ethical
managerial and leadership business styles might also be extremely helpful towards organizations
like Tesco so that they can cope up with the changing business perspectives of the entire industry
(Chang, 2016).
For these reasons, Tesco has been selected for conducting the study. In addition to that, the
diversified marketing objectives and managerial processes has also helped effectively and
efficiently towards the process of getting recognition at Tesco, which can also be described as
the sole reason behind choosing the organization.
Leadership style, overall management practice in addition to organizational strategies of the
organization
This particular organization has such a vision that let them get encompasses with different single
perspectives while minimizing different negative aspects. In addition to that, they need to
conduct their overall business activities in accordance with some innovative managerial skill so
that they can maintain their basic factors of running successful business (Maylor et al., 2016).
The overall vision of the organization is needed to be aligned with their stakeholder’s vision so
that they can maintain the basic ethical perspectives at certain extension.
Moreover, they also need to maintain the vision of their organization so that they can operate the
right value of their entire consumer base at certain extension. In addition to that, for
understanding the ways, the management of the organization needs to make some ethical
business practices so that they can attain the overall ethical practices of their entire consumer
7
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base at certain extension. In addition to that, the overall management and leadership group of
that organization also need to make sure the fact that they are allocating their available resources
in a effective and efficient manner so that they can make most out of their primary investment. A
number of different approaches such as behavioral, classical and some other approaches are also
closely related with the business perspectives of different organizations like Tesco at certain
extension (Mamic,2017).
Tesco has made a distinctive purpose in order to make their employees conduct their basic job
role in a systematic working structure where the chance of different types of operational risks
can be minimized. On the other hand, they need to make some effective strategies regarding
restructuring their overall organizational structure so that they can maintain their basic
organizational vision, mission, goals and objectives (Scholes, 2015). The organization inherits
different managerial posts in order to maintain the current workforce of their entire organization.
There manager mainly consist three different levels, which are middle managers, top managers
an line managers.
The key foundations regarding the managers are associated with planning, leading, locating and
controlling the overall process of conducting ethical business practice. These mangers mainly
play an extensive role towards categorizing their decision roles, informational role and
interpersonal roles (Arnoldet al., 2015). The overall management of Tesco needs to maintain a
stable rate of global expansion so that they can sell their different range of products in a
diversified consumer base. In addition to that, the managers of Tesco need to have some
technical, conceptual and political skill so that they can manage the diverse workforce on that
particular organization in an effective and efficient manner (Zhong and Li, 2018). Moreover, the
managers also need to make sure the fact that they are making effective communication with
their employment base so that they can get rid of any form of confliction.
From the perspective of different emerging nations, the manager also needs to make sure the fact
that their business operations are aligned with the overall cultural aspects of the emerging nation.
From a range of different instances, it has been closely identified that in order to redefine the
overall managerial aspects of organizations like Tesco, they need to make sure the fact that they
are making ethical and trust worthy business practices at their expanded country (Yahaya and
Ebrahim,2016). In addition to that, business innovation can easily be identified as such a process
8
that organization also need to make sure the fact that they are allocating their available resources
in a effective and efficient manner so that they can make most out of their primary investment. A
number of different approaches such as behavioral, classical and some other approaches are also
closely related with the business perspectives of different organizations like Tesco at certain
extension (Mamic,2017).
Tesco has made a distinctive purpose in order to make their employees conduct their basic job
role in a systematic working structure where the chance of different types of operational risks
can be minimized. On the other hand, they need to make some effective strategies regarding
restructuring their overall organizational structure so that they can maintain their basic
organizational vision, mission, goals and objectives (Scholes, 2015). The organization inherits
different managerial posts in order to maintain the current workforce of their entire organization.
There manager mainly consist three different levels, which are middle managers, top managers
an line managers.
The key foundations regarding the managers are associated with planning, leading, locating and
controlling the overall process of conducting ethical business practice. These mangers mainly
play an extensive role towards categorizing their decision roles, informational role and
interpersonal roles (Arnoldet al., 2015). The overall management of Tesco needs to maintain a
stable rate of global expansion so that they can sell their different range of products in a
diversified consumer base. In addition to that, the managers of Tesco need to have some
technical, conceptual and political skill so that they can manage the diverse workforce on that
particular organization in an effective and efficient manner (Zhong and Li, 2018). Moreover, the
managers also need to make sure the fact that they are making effective communication with
their employment base so that they can get rid of any form of confliction.
From the perspective of different emerging nations, the manager also needs to make sure the fact
that their business operations are aligned with the overall cultural aspects of the emerging nation.
From a range of different instances, it has been closely identified that in order to redefine the
overall managerial aspects of organizations like Tesco, they need to make sure the fact that they
are making ethical and trust worthy business practices at their expanded country (Yahaya and
Ebrahim,2016). In addition to that, business innovation can easily be identified as such a process
8
that is quite helpful towards the management group of an organization like Tesco at enhances
their overall perspectives of running a successful business.
The overall leadership styles of leader belonging from Tesco also play significant role towards
their overall business expansion (Chang, 2016). However, despite the fact that both leaders and
managers has some forms of similarities at their overall process of conducting work, they also
has some core differences. The main difference between leaders and managers has been
described below:
Leaders Managers
Leaders mainly make surest expectations Managers on the other hand generally do direct
operations
Leaders can communicate their overall visions and
values towards their entire consumer base
Managers mainly put on the rules and regulations at
the workplace that has been described by the
leaders
Leaders mainly supports their subordinates at
different points of conducting successful business
practice
The overall procedure of conducting a business
generally has been set out by the managers
Leaders generally engage themselves with a
process of continuous improvement
Managers on the other hand mainly foster stability
at the organization like Tesco
Table 1: Main difference between the roles of leaders and managers
(Source: Created by the learner)
There are a range of different leadership theories, which easily comprises of transactional,
situational, transformational and leadership based styles (Hart et al., 2016). While applying
transactional leadership style, it will be possible for organizations like Tesco to further motivate
their entire employment base for moving up the quality and quantity of overall production. In
addition to that, transformational leadership style will assist the organization at changing the
overall perspective of the employees in order to guide an entire employment base with proper
and adequate inspirational values (Anderson et al., 2017). On the other hand, situational leaders
will assist Tesco so adopt certain leadership style in accordance with the current situational scale
9
their overall perspectives of running a successful business.
The overall leadership styles of leader belonging from Tesco also play significant role towards
their overall business expansion (Chang, 2016). However, despite the fact that both leaders and
managers has some forms of similarities at their overall process of conducting work, they also
has some core differences. The main difference between leaders and managers has been
described below:
Leaders Managers
Leaders mainly make surest expectations Managers on the other hand generally do direct
operations
Leaders can communicate their overall visions and
values towards their entire consumer base
Managers mainly put on the rules and regulations at
the workplace that has been described by the
leaders
Leaders mainly supports their subordinates at
different points of conducting successful business
practice
The overall procedure of conducting a business
generally has been set out by the managers
Leaders generally engage themselves with a
process of continuous improvement
Managers on the other hand mainly foster stability
at the organization like Tesco
Table 1: Main difference between the roles of leaders and managers
(Source: Created by the learner)
There are a range of different leadership theories, which easily comprises of transactional,
situational, transformational and leadership based styles (Hart et al., 2016). While applying
transactional leadership style, it will be possible for organizations like Tesco to further motivate
their entire employment base for moving up the quality and quantity of overall production. In
addition to that, transformational leadership style will assist the organization at changing the
overall perspective of the employees in order to guide an entire employment base with proper
and adequate inspirational values (Anderson et al., 2017). On the other hand, situational leaders
will assist Tesco so adopt certain leadership style in accordance with the current situational scale
9
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The organization can also take on different strategies so that they can maintain the overall
functionality of their managers at reproducing better products. The overall decision making
processes of that organization are also quite useful at making effective and efficient strategies for
the overall betterment of the organization.
Culture and management style influencing the business functions and strategies with
specific examples
From the perspective of Tesco, they can easily involve and increase the number of managers that
take care of their different stores at different locations (Al-Aliet al., 2017). In addition to that, the
organization also needs to make sure the fact that they are building effective teams inside of their
overall organization so that they can create an environment full of team building culture. The
hiring and recruitment policy of the organization is needed to be aligned with the continuously
changing business perspectives as it plays a most crucial role at this particular aspect.
The organizational policies of Tesco also needed to be aligned with their newly formed strategies
so that they can minimize the risks and issues that are closely aligned with the process of
business expansion. In addition to that, they further need to make some other organizational
culture so that they can move up the brand value and image of their respective organizations
(Andersonet al., 2017).
Recommendations
For improving the overall leadership style of Tesco, it can be recommended for them to enhance
their overall design and development procedures. First of all, they need to make some effective
and efficient change at their entire leadership and management architecture so that they can
mitigate the current needs and expectations of their stakeholders and shareholders as both of
these groups need personal satisfaction and achievement. Moreover, they need to make some
effective and efficient management information system for tracking the conflictions among the
workers of that organization as even a slight form of confliction might lead towards insufficient
performance overall.
In addition to that, the organization also need to make sure the fact that they are continuously
checking their overall system and reviews of management and leadership framework so that they
can make effective and efficient changes. Moreover, they can also get in with some form of
10
functionality of their managers at reproducing better products. The overall decision making
processes of that organization are also quite useful at making effective and efficient strategies for
the overall betterment of the organization.
Culture and management style influencing the business functions and strategies with
specific examples
From the perspective of Tesco, they can easily involve and increase the number of managers that
take care of their different stores at different locations (Al-Aliet al., 2017). In addition to that, the
organization also needs to make sure the fact that they are building effective teams inside of their
overall organization so that they can create an environment full of team building culture. The
hiring and recruitment policy of the organization is needed to be aligned with the continuously
changing business perspectives as it plays a most crucial role at this particular aspect.
The organizational policies of Tesco also needed to be aligned with their newly formed strategies
so that they can minimize the risks and issues that are closely aligned with the process of
business expansion. In addition to that, they further need to make some other organizational
culture so that they can move up the brand value and image of their respective organizations
(Andersonet al., 2017).
Recommendations
For improving the overall leadership style of Tesco, it can be recommended for them to enhance
their overall design and development procedures. First of all, they need to make some effective
and efficient change at their entire leadership and management architecture so that they can
mitigate the current needs and expectations of their stakeholders and shareholders as both of
these groups need personal satisfaction and achievement. Moreover, they need to make some
effective and efficient management information system for tracking the conflictions among the
workers of that organization as even a slight form of confliction might lead towards insufficient
performance overall.
In addition to that, the organization also need to make sure the fact that they are continuously
checking their overall system and reviews of management and leadership framework so that they
can make effective and efficient changes. Moreover, they can also get in with some form of
10
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tactical strategies in order to minimize their threats from unethical business practices. Lastly, it
can also easily concluded that making effective and competitive pricing strategies for minimizing
their threat from different perseverance of business.
11
can also easily concluded that making effective and competitive pricing strategies for minimizing
their threat from different perseverance of business.
11
Conclusion
From analyzing the entire study, it can easily be concluded that modern day’s organizations need
to allow their entire consumer base to choose from a range of different products and services so
that they can make more profit out of their primary investment. In addition to that, it can also
conclude that different traits and styles of managerial aspects can positively influence the
purchase power of different organizations. Moreover, it can also summarized that there are some
diversified range of management and leadership practices that can easily be maintained by
different organizations like Tesco at coping up with the continuously changing nature of
conducting ethical business practices. Different practices and styles are needed to be attained by
organizations like Tesco in order to earn their expected revenue from a certain practice and style.
12
From analyzing the entire study, it can easily be concluded that modern day’s organizations need
to allow their entire consumer base to choose from a range of different products and services so
that they can make more profit out of their primary investment. In addition to that, it can also
conclude that different traits and styles of managerial aspects can positively influence the
purchase power of different organizations. Moreover, it can also summarized that there are some
diversified range of management and leadership practices that can easily be maintained by
different organizations like Tesco at coping up with the continuously changing nature of
conducting ethical business practices. Different practices and styles are needed to be attained by
organizations like Tesco in order to earn their expected revenue from a certain practice and style.
12
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