University Business Studies Portfolio: Tesco Analysis

This project is a comprehensive business portfolio analysis of Tesco, covering key aspects of its operations. The portfolio includes an examination of internal and external factors, presented in a PPT format, alongside promotional strategies highlighted in a poster. A detailed case study focuses on Tesco's human resource management, exploring recruitment, training, and employee relations, including issues of discrimination and harassment. The project also features a report on Tesco's financial management, including the role of the finance function, financial planning, and the impact of financial decisions on shareholder wealth. The analysis emphasizes the importance of financial management in maximizing returns, attracting investors, and achieving business objectives, with recommendations for improving financial reporting and efficiency through technology. The portfolio highlights the challenges and successes of Tesco's business strategies.

Introduction to
Business studies port
folio

Table of Contents
Internal and external factors of Tesco..............................................................................................3
Covered in PPT...........................................................................................................................3
Promotion of tesco ..........................................................................................................................3
covered in poster ........................................................................................................................3
Case study of Tesco on Human resource ..................................................................................3
Report of Tesco on financial management..................................................................................5

Internal and external factors of Tesco
Covered in PPT
Promotion of tesco
covered in poster
Case study of Tesco on Human resource
Human resource are accountable for the recruiting, training, resolving of any conflicts
among the employees and managers. Jack was recruited as HR practitioner. Within one month
in job Jack asked to take charge regarding the programme for the whole firm . As he was the new
one so strictly followed to the process. Recently Adam joined the firm and Jack was needed to
oriented him (Irshad and Awang, 2018). On the first day of the Adam,Jack was the one who
introduced him to the rest of the employee but the mentor assigned to the Adam was not there at
that time and Jack was unable to meet Adam to his official mentor. The Tesco is also knowns for
their welfare activities as well as staff members within the firm from more than a decade. The
employs of the Tesco are more than 700 employs as 150 administrative employees while 100 are
at the management level staff members. The top level of the managers of the Tesco views of the
staff members at the same level as it can be clearly understands that there is an uniform of the
firm from the upper level to the lower level. The firms have Two general stores at different
places. One is at the rural are while another one is at urban area (Choi and Lee, 2018). Within
short firm maintains the Employee equality. The firm has to only one registered Union as well as
he management level is also considers as very cordial as the firm has not till now losses a single
man due to the strike. The policy of the firm as compare to the other similar firms is considered
as very little staff members as they are unable to have many grievances because of the other

benefit that can be provided through the firm but at the same time firm is also facing various
problems within the supplying of the materials to the customers by online procedure and if the
goods are reached to the customers than they have very quality issues ,mismatching between the
online products and delivered products and also mismatching of the materials as products are not
delivered to the customers as per their order for examples they orders biscuits but chocolates
delivered to them. The issues created within the quality of the products is that the top-level
managers of the Tesco gives burden to the staff member earlier it was not like this top-level
mangers are not discrimination to the lower level employees after form some time low level
employees faces discrimination on the basis of gender, race and age as well. For example Jack
and Adam are the employees as jack was senior to the Adam but top level managers
discriminated Jack because of his age and gives al his responsibility to the who was not
experienced as compare to the Jack. There was another example where a female employees gets
less paid as compare to the Male employees and when she compliant about that incidence no
one listen her as so many co -workers made fun of her. They said that Females do less work as
compare to man later all of those members fired to the jobs who dis discrimination to her.
One more example one female employees was mentally and sexually harassed by a male
co-worker form about six months and when she complaint about this to their managers all of
them makes fun of her and said takes it as complement that someone likes you (Zeinali,
Karsinos. and Moradi, 2017). After this incidence the ratio of the female employees were
become very less and When Top level get to know about this they fired the employees who
harass her and also who made fun of her. Due to above incidence Tesco faces a lot of the
discrimination and Firms like Walmart Takes advantages of such incidence as all the staff
members attracts the polices of the Walmart which is Quite flexible for the employees. As
Walmart makes the shift for the females employees where only females workers can work and
there are no interferences of the male employees. Later after seeing all this, managers of the
Tesco focuses on the loopholes within the various department of Tesco specially the equality of
the employees and hand over all the responsibility to the HR department to solve such kind of
issues. When the HR managers of the Tesco focused on the issues than came to realises that they
treat their workers within a very casual approach. Instead of focusing on the problems that how
to deal with employees Tesco hires the new employees, so they need to take care of the
employees specially listen to them. HR managers also focuses on the Rewards management as

the employees are easily motivated by the rewards as well as recognition. As the staff members
are sometimes not satisfied only to get the facilities, but they sometimes performance appraisal
as well. HR managers of the Tesco need to focus on giving the employees training about the
equality as no one can be discriminated on the base of the age, gender, beliefs, values, colour.
HR managers also follows the hygiene factors as according to this theory there are various
employees as the presence of them will not create major influences but also due to the absent of
such things leads to the demotivation of the employees. Thus here employee recognition lays a
crucial role of the when there is a failure of the management. It also assist the Firms to come out
from the critical issues (Plagemann, 2019).
Report of Tesco on financial management
Financial management refers to strategic planning, to organize, direct and control of
financial undertakings of the organization. Financial management include application of
management principles over financial assets of organization. It plays and important part in fiscal
management of business. The objective of financial management is of maintaining adequate
supplies of funds and resources for the organization. It ensures that shareholders of organization
have good returns over their investments. Financial management helps the business organization
in making the funds available for carrying out the required transactions. If adequate funds are not
available for carrying out the operations it may lack behind and prospective desired targets may
not be achieved by the company. Financial management of company is concerned with
maximizing the returns of shareholders and their wealth. Sufficient funds will enable the
company to attract new investors that will aid in raising the funds from market. Companies with
effective financial planning helps in achieving the objectives (Sadeghi and Mizera, 2017).
Role of finance function in Tesco: finance function involves the acquiring and utilization of
funds necessary for efficient operations. Finance is the lifeblood of business without it things
wouldn't run smoothly. It is the source to run any organization, it provides the money, it acquires
the money. Tesco needs to hire and recruit more efficient and skill staff so that they can manage
company’s fund effectively and efficiently. In this training must be provided to employees of
Tesco, so that they invest funds in most appropriate place and they get better return on
investment. This aspect can help firm in growing and also achieving their business objectives.
Finance department is also concern with appropriately managing funds which is been coming in
company because of marketing department hiring and recruiting efficient and skilled staff. This

can help Tesco in enhancing their revenue and also it increases productivity (Xiao, Zhang and
Hou, 2019). Role of finance function is most important in organization like Tesco as it helps firm
in making decisions related to managing liquidity of company. An investor will only be
interested in company if it has huge incoming of cash. Investors will check upon financial
function. So that Tesco needs to manage its finance function appropriately. It also helps firm in
taking investment decision. This department of Tesco works towards maximizing shareholder’s
wealth. On the other hand the use of debt affects the risk and return of a shareholder. It is riskier
though it may increase the return on equity funds. These decisions are of utmost importance to
organization. It helps firm in growing and achieving competitive advantage. Also finance
department makes sure that assists of company is increasing and liability is been decreasing. This
will assist them in attracting more investors towards them which is really essential for growth of
firm. Financial manager of Tesco must make sure that they acquire huge amount of fund which
they can invest in various productive places. This can help firm in expanding their market share.
Also, finance department of Tesco must work with coordination with other department. This is
really necessary for growth of Tesco (Mastorakis, and et.al., 2018). Role of finance function is
to maximize shareholders profit and also they have the main role to invest in most beneficial
investment that helps company in growing. Investors will only be positive towards Tesco when
they know that company is engaged in making high amount of profit and investing their
resources in places where there is high amount of return. It is necessary for company to take
some measures to improve their financial management so that operational performance as well as
finance is improved. For this it is required to make some changes in financial management and
reporting improving the situation. However, it requires to install technology or computer systems
to that the process is streamlined. For this transaction processing system can be installed which
will help in automating transaction and to enhance business efficiency of Tesco. the system is
designed to record, store, retrieve, etc. all data and information related to daily transaction of
organisation (Wang, 2017).. with help of it, the finance director can manage and record all types
of transactions. it will store information of daily orders, total bill of customers, payment made,
etc. Moreover, both admin and finance function can communicate data and info and access it
easily. Thus, it will enhance business efficiency of organisation as they will be able to produce
meals on basis of order deadline. However, the overall function will be automated. Along with it,

both internal and external transaction that is customers as well as suppliers are recorded and
stored in proper way.
In this way financial management can be enhanced and reports are formed. besides that , by
automating it errors and deviation are identified and improved. This will lead to change in things
and sharing of data and info quickly to other departments. in addition to it, TPS will enable in
providing real time data and updating it easily whenever there is change in transaction.
the role of financial management and reporting within the organization: Financial management
has the most important role in working of any company. Managing funds is the duty of finance
managers, they need to have check upon financial health of Tesco. Financial management makes
sure that funds are available to them at reasonable cost as if they are not available to them at
sufficient price, then this can hamper the growth of firm. Financial management helps company
in knowing that funds are being effectively utilized and is going to bring profitability to the. It
will help Tesco in growing and achieving their long as well as short term financial growth and
objectives. Financial management also supports Tesco in identifying and evaluating sources of
finance. They analyse from where to take funds. There are various sources of funds which are
available to company like for example angel investment, venture capitalist. These sources of
funds can help company in growing. Also it supports Tesco in making financial decisions such as
investment decision. Department have knowledge about where it would be beneficial for them to
investment. This help Tesco in growing and gaining competitive advantage (Wang, 2017).

REFERENCES
Books and Journals
Choi, B. and Lee, C.Y., 2018, November. Bit Rate and Task Scheduling in Cloud Computing for
Multimedia Big Data. In 2018 28th International Telecommunication Networks and
Applications Conference (ITNAC) (pp. 1-5). IEEE.
Irshad, S. and Awang, D.R.B., 2018, November. A UX Oriented Evaluation approach for Mobile
Augmented Reality Applications. In Proceedings of the 16th International Conference on
Advances in Mobile Computing and Multimedia(pp. 108-112).
Mastorakis, G., and et.al., 2018. Guest Editorial Special Issue on Multimedia Services Provision
Over Future Mobile Computing Systems. IEEE Systems Journal. 12(1). pp.12-15.
Plagemann, T., 2019. Special issues on “User-Centric Social Multimedia Computing” and
“Multimedia Cloud Computing for Smarter Cities”.
Sadeghi, S. and Mizera, I., 2017, December. Bandwidth and Resource Allocation Optimization
Through a Probabilistic Algorithm for Mobile TV. In Proceedings of the 15th
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Wang, X., 2017. Research on double energy fuzzy controller of electric vehicle based on particle
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