Analyzing Tesco's Business Operations and Globalization Impact Report

This report provides an overview of Tesco's business operations, focusing on the impact of globalization on its performance. It begins with an introduction to Tesco as a major retail firm and outlines its hierarchical structure. The report then explores the various functions within Tesco, such as marketing and HR, highlighting their roles and responsibilities. Key challenges in international operations, both internal (diverse workforce, talent management) and external (pandemic, climate change), are discussed. The report details Tesco's strategies to address these challenges, including marketing initiatives and HR training programs. The conclusion summarizes Tesco's role in business growth, emphasizing the importance of effective strategies in attracting customers and increasing profitability. Finally, the report references relevant books and journals, providing a comprehensive analysis of Tesco's business in a global context.

International Foundation Program

INTRODUCTION
Business refer to as activity of sales and purchase of commodities in day to day life.
Tesco is one of the biggest retail firm in United Kingdom which operate in different
part of world which are expanded in different part of globe.
Firm follow same structure in every country but use different strategies in terms of
culture as well as operation. This report is mainly focused on the Tesco business and
identifying the impact of globalization in the organizational performance.

Structure
 Tesco follows hierarchical structure and hence
instruction of work comes from higher to lower
direction.
 It has divided different management and
employment task according to hierarchy so that it
can increase efficiency, quality and productivity of
work and impact on growth of firm in time of
globalization.

Cont.
 For example: An efficient leader can use transformational leadership style that
supports for changing the overall business policies and procedures. it help to add
new policies and implement innovation in the business to achieve desirable goal
or objective.
 However, in some country power is equally distributed among different
departments rather than controlling as well as monitoring.
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Function
 Firm has number of function which work on different activities such as marketing,
finance, Human resources.
 Each department of Tesco follow set of task in all around the world and has some
sort of power.
 Marketing function of organization focuses on sales of product as well as services
and increase customer satisfaction level.
 It also takes suggestion, Feedback, opinion etc. from stakeholder so that policies
and procedures can be changes timely and increase profit share of organization.

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Challenges in international operation of Tesco internally as
well externally
Internally
1.It becomes difficult for Tesco to maintain diverse workforce and run business in
time of globalization.
2.HR are facing various challenge in process of talent management due to the poor
strategy planning. In this way, it is directly affecting on the profitability as well as
productivity of organization in global marketplace.

Cont.
Externally
1. Pandemic has created number of challenges, less number of workers are available
because of COVID norms which decrease productivity of Tesco.
2. Climatic changes failing various crops and hence increase cost of raw material
that purchase from farmers.
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Tesco deal with challenges
• Tesco has been implementing the marketing strategy in which targets many
potential consumers in global marketplace. The Core UK grocery business so that
Tesco use strong stable core business plan to keep handle the complex queries of
consumers.
• A marketing strategy will help for analyzing the markets, which products to
offers, this kind of strategy will help for implemented through strategic tactics
which involve important decision about factors such as price, quality.
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Cont.
• For dealing the internal and external challenges, HR manager of tesco has been
conducted the training and development session. In this way, it provide the better
opportunities for employee to improve their skill and gain more knowledge.
• Due to Covid-19, tesco has faced the challenge regarding the low profitability and
productivity in marketplace. many peoples have avoid to purchase or buy a new
products. That’s why, company will focus on the increasing awareness among
consumer towards online platform to purchase or place online delivery.
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CONCLUSION
As per discussion, it has been analysed that Tesco plays important role in the
business growth and development. Identifying the overall business performance in
different part of globe, improve understanding towards an effective strategy. This can
help to attract potential customer towards Tesco. In this way, it has been increasing
the overall business profitability in marketplace. Moreover, it has been identified the
structure of Tesco which is hierarchical as well as about different function such as
HRM, marketing etc. moreover, it explains different types of challenges that occur
from internal and external environment.

REFERENCES
Books and journals
 Aiello, L.M., Quercia, D., Schifanella, R. and Del Prete, L., 2020. Tesco
Grocery 1.0, a large-scale dataset of grocery purchases in London. Scientific
Data.7.(1).pp.1-11.
 Alam, S. and Raut-Roy, U., 2019. Evaluating the Effectiveness of Reward
Strategy at Tesco: Evidence from Selected Stores in UK. Indian Journal of
Industrial Relations, 55(1).
 Hashim, M., Nazam, M., Abrar, M., Hussain, Z., Nazim, M. and Shabbir, R.,
2021. Unlocking the Sustainable Production Indicators: A Novel TESCO based
Fuzzy AHP Approach. Cogent Business & Management, 8(1), p.1870807.