Tesco Plc: Goals, Objectives, and Modern Workplace

Verified

Added on  2023/01/18

|12
|474
|30
Report
AI Summary
This report examines the goals and objectives of Tesco Plc, a leading retail supermarket organization, and its approach to the modern workplace. It highlights the importance of setting clear, measurable, achievable, relevant, and timely (SMART) goals to drive employee motivation and operational efficiency. The report emphasizes the significance of objectives in providing clear direction and encouraging employees to perform at their best, ultimately maximizing sales and profit margins. It discusses how Tesco Plc establishes these goals and objectives, ensuring they align with the overall business strategy to achieve organizational success. The conclusion underscores the importance of goals and objectives in shaping business strategies and driving the company's success. This report provides valuable insights into Tesco Plc's business development strategies and modern workplace implementation.
Document Page
Introducing the Modern
Workplace
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Content
Introduction
Goals of Tesco Plc
Objective of Tesco Plc
Conclusion
Refernces
Document Page
INTRODUCTION
Modern workplace is the term which is used for the organization
when they innovate something new such as products or software
in order to maximise their operational efficiency. Management
try to build modern environment in the which help the staff
members of the company to communicate in the internal
operations in well manner to reduce the confusion.
Document Page
Goals of Tesco Plc
Goal of the company is to stay as a leading retail supermarket
organization which provide quality products as well as post sales
services at affordable cost in comparison to their competitors.
Tesco ensure that each and every product which satisfy the
customers will be available at single stores. Consumers wanted
to satisfy their needs through consuming products & services
with grate value.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Why goals are important
Goals are important to formulate because it motive the people to
perform accordingly in order to achieve desired outcomes. Goals
motivate everyone in the organization to complete their work on
time in order to perform their task. If individual does not have
any goals, they are not able to give their 100% to accomplish
their goals.
Document Page
How to establish Goals
Initially Tesco have to set some
expectation and it should be realistic
which any individual can achieve.
Along with this this, they have to set
SMART goals that should be specific,
measurable, achievable, relevant and
timely completed.
Document Page
Objectives of Tesco Plc
First and all time objectives
of the company is to
maximise the sales in order
to increases the profit
margin of the company.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Why objectives are important
In order to get clear guidance or directions to complete their
task or achieve their goals (Importance of Objectives, 2019).
To motivate employees and encourage them to perform well
more then their potential which increase the efficiency as
well as effectiveness of an individual.
Document Page
How to establish Objectives:
Objectives should be established through analysing the
requirement of business which required to achieve in the
particular time frame. Management of Tesco Plc need to ensure
that objectives should be clear which make individual able to
understand or perform in order to achieve their organizational
goals.
Document Page
CONCLUSION
From the above presentation it has been concluded that goals &
objectives are important for the organization so they build their
strategies accordingly in order to achieve it. Organization should
develop their g
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
REFERENCES
Importance of Goals. 2019. [Online]. Available Through:
<https://edkentmedia.com/why-is-goal-setting-important-in-
business/>
Importance of Objectives. 2019. [Online]. Available Through:
<https://smallbusiness.chron.com/importance-clear-
objectives-directions-project-plans-32965.html>
Document Page
THANK YOU
chevron_up_icon
1 out of 12
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]