Business Report: Sustainable Strategies and CSR Analysis for Tesco

This business report provides a comprehensive analysis of sustainable business strategies and corporate social responsibility (CSR), with a specific focus on the practices of Tesco. The report is divided into two main parts: the first part describes a sustainable approach to business strategy and management, covering topics such as environmental appraisal, estimating environmental impact, accounting for natural resources, and the influence of economic outlook and government policies. The second part analyzes various approaches to CSR adopted by micro, SME, and corporate businesses. The report examines how Tesco integrates sustainability into its operations, including efforts to reduce its environmental footprint, manage natural resources, and adapt to changing economic conditions. The report also discusses the different CSR approaches used by different types of businesses, including micro, small and medium enterprises, and large corporate entities, highlighting Tesco's application of these approaches in its business model.

Business Report

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Part 1................................................................................................................................................1
Describe a sustainable approach to business strategy and management.....................................1
Analyse various approaches to CSR of micro, SME and corporate business.............................4
CONCLUSION................................................................................................................................6
References:.......................................................................................................................................6
Part 2: Reflective Report on key skills development.......................................................................9

INTRODUCTION
Foundations of business communication in this the communication of business is refers to
the procedure interacting for the business transaction purpose for secure the mutual
understanding and advantages of business. Better communication in business helps in to reduce
the communication barriers at workplace and there are various types of foundations of business
communication such as verbal and non verbal communication, written and visual communication
all are useful for business. The below report is based on Tesco, it is a trading British
multinational groceries company and general merchandise retailer also, it is based in Welwyn
garden city in England, United Kingdom. This company is founded in 1919, they served their
services and offer products in different countries like UK, Ireland, India and many other
countries. In all-over world there are 6800 + outlets and they have divisions in banks, stores,
mobile, family dining Ltd and etc. The below business report include the sustainable approaches
to business strategies and management. Analysing the different approaches to CSR of micro,
SME and corporate business. In other part reflection report is covered (Barrow, 2018).
MAIN BODY
Part 1
Describe a sustainable approach to business strategy and management
The sustainability approach is holistic that is advised sociological, ecological and
economic dimensions, analysing that all must be included together to explore long lasting
prosperity. It is also business approach that is building long term image by using various above
factors. The sustainability business strategy means that integration of environmental, economical
and various social motive into a organisation's goals, planning and activities with the motive of
building long term image for the company, the broad society and its stakeholders. The
sustainability business management is a cross-way of business and sustainability and it is the
exercise of managing the organisation's affect on three below lines such as people, profile and
planet, so that all three are can expand in future (Caldera, Desha and Dawes, 2019). In context
of Tesco, they use effective sustainability strategies and management, main aim of the company
is to fulfil the customer's needs and society, company can use various sustainable approach
which is describe below as;
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Environment appraisal: Assessment of environment situations requirement for
beginning of any appropriate project development. The dependent relationship between social
framework, economic situation and local ecology of the location concerned should be taken in
report. Bio physical situation of any place is elaborately related with the economic level of
location which is twist, determine societal improvement. Bio physical use for report helps in
appraisal procedure. The appraisal report refers the plan of actions and only action plan provide
the success to report. In tesco context, they use appropriate assessments for the business strategy
and management, in the market there are pressure on company to address the environmental
problems and adopt operation that provide benefits to society. Tesco fairly committed that they
reduce carbon footprint by 50% in 2020. company minimise the wastage in their different
outlets and they try to use Eco friendly resources in their production activities (Drobyazko,
Okulich-Kazarin, Rogovyi, Goltvenko and Marova, 2019).
Estimate the environmental impact: Environment and its use in positive manner and it
is key factor for appropriate development. Negative affect on environment through accidental
development may defect sustainability as a entire. The development which build full
environment and social compatibility is only classed as sustainable. For achieving this goals,
observing is the main positive aspect and it is use optimum and monitoring is essential. various
ecological inputs along with soil, climate, vegetation and evacuation resources should be
decently assessed and observed and improvement is procedure affect the natural system should
be critically analysed, so estimate the impact of environment is the study of interrelation with
development procedure and natural system (Stekelorum, 2020). In context of Tesco, they
collaborate with WWF and company produced a new metric which is change consumers to track
the impact of environment of some and their well known products. This metric will track the
impact of environment of 20 of this company's most often-times sold their own brand items
crossways the seven problems such as deforestation, marine affect, wastage of food, waste
packaging, sustainable agriculture, diet and climate change. Every above affects will be allocated
a various weighting to provide items an general percentage garde, with change of climate given
the maximum weighting and waste packaging is the minimum. In 2020, WWF and Tesco will
have analysed information or data and overall production score for each of the 20 items, which
includes; eggs, fruits, milk, tinned tuna, snack foods, vegetables and pre prepared line (Dupire
and M’Zali, 2018).
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Accounting of natural resources: calculating profits form logging frequently takes
proper report of the financial losses in upcoming revenue receive through degradation of the
flora. Related incomplete accounting happen in the development of other resources, particularly
in the cause of resources which are not take advantage in organisation or accounts of national:
water, soil and air. All over countries poor and rich, development in economy must get proper
account in their measurement of success of the development of diminution in the stock of earthy
resources. The natural resources such as; water, forest, marine resources, soil, clean sir, farm
animal impairment and fatigue is not count into account when total national items of country is
measured. Those resources are natural in nature they loss directly impacts productivity of nation,
creation of resources and income of nation (Theodoraki, Messeghem and Rice, 2018). Economy
and ecology is elaborately affiliated, any failure in ecology must restraint prosperity of economy.
Thus the natural resources explanation is necessary for development sustainability. In traditional
explanation system is not so effective in this point, sustainability of development need more fine
and ethereal accounting system. In context of Tesco; it is biggest retailer company and they said
that new standard of accounting affiliated to the treatment of rental, will modify the path of
liabilities and assets are conferred but will not have economical affect on the team. Tesco also
said that explanation of the new IFR 16 modular would have no load-bearing on the planning of
ambition of finance. The new modular wants to allot the presentation of rental assets more
nearly to closely held assets. They give a statement that there is no impact how the business is
running, not on flow of cash for the team. This company effectively manage the natural
resources in the business (Gond and Moser, 2019).
Economic outlook and government policies: The huge gap between the rich and poor
countries, difference among individuals, large trade, flow of capital and lack of regularity in
policies by the government restraint development sustainability. The shortage of incorporate,
logical development policies, awareness, lack of price bonus and lack of information or data
campaign may restraint development sustainability, seen in almost of the nations which are
underdeveloped. Unsustainable utilisation of earthy resources should be stopped by stately taxes
or deducting or establish subsidies, so policies by the government can play a crucial character in
the procedure of development sustainability. In context of Tesco, In UK some of the
modification are there as per outcome of the Covid pandemic, this condition affect the sectors in
various manner (Haseeb, Hussain, Kot, Androniceanu and Jermsittiparsert, 2019). The UK
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regularly to experience limitation as a second wave exploit the country, there is a latent light at
the ending of the tunnel in the news show of possible approved vaccines. That increase the
probability that limitations could be upraised by late season, transferral a much required rise to
the economy. In recently report the outlook for the Uk economy into 2021 and 2022 . this is on
the basis of unemployment rate and impact of Brexit on the economy. After Brexit war and covid
situation the government policies of UK is changed according to the economic condition and
these two key drivers are impact negatively on the economy of United Kingdom and due to the
economic conditions and changes in government policies the Tesco company also face some
trouble and productions issues (Haseeb, Hussain, Ślusarczyk and Jermsittiparsert, 2019).
Analyse various approaches to CSR of micro, SME and corporate business
Corporate social responsibility refers to a self control business worthy which useful for
the business firms to be socially alert and responsible towards its stakeholders and broad public.
By perpetually exercise corporate social responsibility the enterprise institution can offer
towards the all prospect of the social group, consider economical, environmental and ethical. It
mostly refers to the plan of action which the business industries takes into activity and keeps a
relation of corporate governance which planned to monitor the enterprise, company 's dealing
which are moral and beneficial for the social group as well as for the organisation as the
companies are the reasoned as the part of the social group. These approaches has various values
and grandness has its own (Lopez-Cabrales and Valle-Cabrera, 2020). These approaches are
described as: Social approach : This approach of corporate social responsibility refers that business
firms which have the responsibilities for the marketing or promotion activities and
covering of all the important political, civil, social, cultural rights and economical
(Xinyun, 2018). Economical approach : This approach of the corporate social responsibility states that
compare the social responsibilities with the condition of the private goods with the
precondition of public products. Environmental approach : This approach of corporate social responsibility is the
approach which mostly motive to cut down any detrimental impacts on the environment
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from the business procedure. This approach have main motive is specifically on the
water utilization and energy use (Lozano, 2018) (Luthra and Mangla, 2018).
 Stakeholder approach :this approach of corporate social responsibility states that the
organisation is not only accountable to its proprietor but has the facultative to different
stakeholders like customers,co workers , partners in company and many more (Mahdi,
Nassar and Almsafir, 2019).
There are various approaches of corporate social responsibility that are utilized by
various types of business firms. Micro, SME and corporate business are exploitation various
corporate social responsibilities. Micro enterprise: These firms are mostly utilise the corporate social responsibility
approach of economic and environment approaches as their firm's capital is less and
they have the social responsibility to offer towards the social group as to give condition
of the private product with the condition of public product. they serve to the society as
protective the usage of physical phenomenon and water utilize (Wichaisri and Sopadang,
2018). Small and medium enterprise: These enterprises are mostly utilize the corporate social
responsibilities approaches of biology, social group, and economic. As the small and
medium level enterprises can offer to the society by safe-conduct the rights and
discernment of the social group and firm's activities also. They serve the efficient and
environmental surround also towards the social club (Mio, Panfilo and Blundo, 2020).
 Corporate business : The CSR approach utilized by the corporate business is the neutral
approach. As the neutral approach to corporate social responsibility mostly utilized by the
large scale enterprises. The stakeholder approaching leads to provide to the social group,
various culture in society and staff of the company.
The CSR approaches utilized by the various sector enterprises varies as per to the amount of
invested a capital by the proprietor in the enterprise. In context to Tesco company the CSR
approach is utilized by the firm is essentially the approaches of biology, stakeholders, and social
group and etc. As per the micro enterprises are utilizing the state of affairs and economic
approaches and the small and medium enterprises are utilize the societal, biology and efficient
approaches of CSR. Whereas the CSR are using these approach of stakeholders. The corporate
business enterprises are exploitation the neutral approach as it provide the part of their enterprise
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in society, co workers and the consumers. There are different which useful to achieve growth in
the CSR strategies in the organisation (Morsing and Spence, 2019). The some of the structure
below as:
 With the CSR activities, the firms are much profoundly get occupied and startle their
groups.
 By strengthen the honour by perpetually devising and giving a part to the social group.
 By creating the consumer's trust growth and be achieved by the firms.
 Having talented and trained staff in the firms.
 By reduction the turnover rate of the industry's growth can calculated by the CSR
planing and strategies (Reinhardt, Christodoulou, Gassó-Domingo and García, 2019).
CONCLUSION
It is concluded that business communication is necessary for the deduct the interaction
barriers and in the above report there are various sustainable approaches to strategies and
management analysed effectively it helps in produce zero wastage and increase the brand image
in society. Environmental appraisal is essential for the brand value, estimate the environment
affect is helps in avoid any future mistake in business planning and actions. Accounting of
natural resources is important because it useful for maintain the resources and material records
for the business. Government policies and economic outlook is frequently changes and that affect
the business also for this strong planning and strategies are required. Different approaches to
CSR of micro, SME and corporate business helps in the observe more activities in society and
take participation in those activities.
References:
Barrow, 2018. Sustainable development. The International Encyclopedia of Anthropology, pp.1-
12.
Caldera, Desha and Dawes, 2019. Evaluating the enablers and barriers for successful
implementation of sustainable business practice in ‘lean’SMEs. Journal of Cleaner
Production, 218, pp.575-590.
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Drobyazko, Okulich-Kazarin, Rogovyi, Goltvenko and Marova, 2019. Factors of influence on
the sustainable development in the strategy management of corporations. Academy of
Strategic Management Journal, 18, pp.1-5.
Dupire and M’Zali, 2018. CSR strategies in response to competitive pressures. Journal of
Business Ethics, 148(3), pp.603-623.
Gond and Moser, 2019. The reconciliation of fraternal twins: Integrating the psychological and
sociological approaches to ‘micro’corporate social responsibility. Human Relations.
Haseeb, Hussain, Kot, Androniceanu and Jermsittiparsert, 2019. Role of social and technological
challenges in achieving a sustainable competitive advantage and sustainable business
performance. Sustainability, 11(14), p.3811.
Haseeb, Hussain, Ślusarczyk and Jermsittiparsert, 2019. Industry 4.0: A solution towards
technology challenges of sustainable business performance. Social Sciences, 8(5),
p.154.
Lopez-Cabrales and Valle-Cabrera, 2020. Sustainable HRM strategies and employment
relationships as drivers of the triple bottom line. Human resource management
review, 30(3), p.100689.
Lozano, 2018. Sustainable business models: Providing a more holistic perspective. Business
Strategy and the Environment, 27(8), pp.1159-1166.
Luthra and Mangla, 2018. When strategies matter: adoption of sustainable supply chain
management practices in an emerging economy’s context. Resources, Conservation and
Recycling, 138, pp.194-206.
Mahdi, Nassar and Almsafir, 2019. Knowledge management processes and sustainable
competitive advantage: An empirical examination in private universities. Journal of
Business Research, 94, pp.320-334.
Mio, Panfilo and Blundo, 2020. Sustainable development goals and the strategic role of business:
A systematic literature review. Business Strategy and the Environment, 29(8), pp.3220-
3245.
Morsing and Spence, 2019. Corporate social responsibility (CSR) communication and small and
medium sized enterprises: The governmentality dilemma of explicit and implicit CSR
communication. human relations, 72(12), pp.1920-1947.
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Reinhardt, Christodoulou, Gassó-Domingo and García, 2019. Towards sustainable business
models for electric vehicle battery second use: A critical review. Journal of
environmental management, 245, pp.432-446.
Stekelorum, 2020. The roles of SMEs in implementing CSR in supply chains: a systematic
literature review. International Journal of Logistics Research and Applications, 23(3),
pp.228-253.
Theodoraki, Messeghem and Rice, 2018. A social capital approach to the development of
sustainable entrepreneurial ecosystems: an explorative study. Small Business
Economics, 51(1), pp.153-170.
Wichaisri and Sopadang, 2018. Trends and future directions in sustainable
development. Sustainable Development, 26(1), pp.1-17.
Xinyun, 2018, December. A Multimodal Critical Analysis in Business Discourse: the Case of
the Corporate Annual Report of Tesco. In 5th International Conference on Education,
Language, Art and Inter-cultural Communication (ICELAIC 2018). Atlantis Press.
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Part 2: Reflective Report on key skills development
The skills of employees reflect the overall personality, behaviour, attitude, qualities and
attribute which is promoted through an individual so, in which long term advantage is earned
with better outcome and performance of the employee along with the perfection in a certain
period of time. For acquiring skills, and abilities employee have to work over all perspective and
the strength play major role for acquiring something. It gives the higher heights in term of
success and building the personality or empire. It also help to make personal and professionalism
in which productive amount of changes is addressed. I have also on my communication skills,
which is mandatory for me because to become more aware about particular development as on
repetitive basis.
Kolb's learning style
This learning established in 1984 through David kolb and it involves four stages which is
prepared on regular basis and under this productive value of improvement is addressed towards
the cognitive changes by which internal advancement is addressed with in ethical manner. This
thing also use to build profitability and also ending under productive value of changes is
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