BTEC Level 3 Unit 4: Business Communication Report on Tesco PLC

This report analyzes the business communication of Tesco PLC, focusing on its mission statement, goals, and objectives. It examines the company's strategies to become a leading supermarket retailer, emphasizing value for clients and reliability. The report outlines Tesco's internal business information, including its targets for organic product sales and market share in non-food businesses. It further discusses the company's financial performance, specifically addressing the decline in share prices and the challenges faced during the 2014-2015 financial year, referencing the impact of leadership changes and market fluctuations. The report also includes references to relevant academic sources, providing a comprehensive overview of Tesco's business communication and financial standing.

BUSINESS
COMMUNICATION

MISSION STATEMENT OF TESCO PLC
 To be world's best and biggest supermarket retailer.
 Completely increase value for clients, and to earn
their time reliability.
 To accomplish the objectives of Tesco plc, the
board of director use various types' approaches

GOALS AND OBJECTIVES OF
TESCO PLC
 To become a pleasing place to work by giving their staff the
chance to be themselves, actively encouraging their strength and
well being and support their work/life equilibrium needs.
 Tesco's target is to expand their sale of organic manufacture to 1
billion pounds over the next five years.
 Tesco now has a 6.5% market share in Non-food business. Their
target is to be as strong in non-food as in food.

INTERNAL BUSINESS INFORMATION
 To plan my presentation, I will need to list my objectives,
audience, and remit.
 I will then need to figure out my main points and my
supporting information.
 By working out these points I will be able to successfully
talk about the internal business information of Thorpe Park
for five minutes

CONTD....
 My objectives are to ensure that I explain the complex
internal business information at a level that my audience will
understand.
 My audience is a group of business journalists.
 They likely know a bit about internal business information in
general but not of Tesco and not to the standard of business
analysts and they don’t need the detail that the business
directors need.

CONTD....
 Tesco has had a difficult financial year (2014-2015)’
 The prices of shares have continually fallen over the past
few years, starting when Sir Terry Leahy stepped down as
CEO in 2010.

CONTD....
 The share prices didn’t start to properly fall until towards the
end of the 2011-2012 tax year.
 In April 2012 the profits fell 1% for the first time in 20 years
share prices began to recover towards the end of the 2012-
2013 tax year.
 The share prices hit a low in the middle of the 2014-2015 tax
year.

REFERENCES
Malik, M.S., Awais, M. and Khursheed, A., 2016. Impact of
Liquidity on Profitability: A Comprehensive Case of Pakistan’s
Private Banking Sector. International Journal of Economics and
Finance. 8(3). pp.61-69.
Marshall, N.A. and et.al., 2016. Advances in monitoring the human
dimension of natural resource systems: an example from the Great
Barrier Reef. Environmental Research Letters. 11(11). pp.114-
220.
Moonen, P.J.J. and et.al., 2013. Compositions and methods for
reducing scar formation in wound healing. U.S. Patent. 8(5).
pp.377-881.