Contemporary Management: Tesco's Structure, Goals & Profitability

This report examines Tesco's organizational structure and its role in achieving company objectives, highlighting how a flexible structure aids in adapting to changing business environments. It discusses the importance of organizational structure in conflict resolution, coordination, and decision-making, ultimately contributing to higher profits. The report also addresses the primary responsibilities of a profit-making organization, considering Milton Friedman's statement on profit maximization. It emphasizes that while profit is crucial, companies must also focus on product quality, customer satisfaction, and corporate social responsibility (CSR). The report concludes that effective management and CSR initiatives are essential for enhancing brand image and achieving sustainable success, citing examples of companies like Tesco implementing programs for environmental welfare and waste reduction.

Contemporary
Management

Table of Contents
Background about Tesco .................................................................................................................3
Question3 ........................................................................................................................................3
Introduction..................................................................................................................................3
Main body ...................................................................................................................................3
conclusion ...................................................................................................................................4
Question 4 .......................................................................................................................................5
Introduction..................................................................................................................................5
Main body ...................................................................................................................................5
conclusion ...................................................................................................................................6
REFERENCES................................................................................................................................7

Background about Tesco
Tesco is one of the leading or largest multinational organization of United kingdom which is
established in the 1919 by Jack Cohen. The headquarter of the organization is in Welwyn Garden
city England. It is the retail industry which offer wide range of product and services to the
customers in order to satisfy them. It is public limited company which generate higher revenue
from domestic as well as international marketplace.
Question3
Introduction
The organizational structure is refers to the part of organization in which allow group or the
individual person to work together and manage tasks for carrying out its objectives and strategy
(Gray, and et.al 2018.). The presented report will examine the organizational structure of the
leading organization of the UK renowned as Tesco. The study will highlight the way
organizational structure deliver support in accomplishing the objectives of the company.
Main body
Organizational structure in accomplishing the goals of the company
the Tesco is one of the leading organization of the united kingdom which is contentiously
obtaining success in domestic as well as international marketplace. The Tesco organization is
managing the hierarchical structure in adequate manner which deliver huge support to the
various department of the organization. The Tesco is utilizing organizational structure for
achieving the maximum performance in the business strategy. The organizational structures of
the company Tesco is flexible which helps in easily changing the business environments
(Auchter, 2018). basically it is the framework for the operating process, jobs, systems and group
of people to achieving the organization objectives. The structure of the Tesco is responsible for
managing and operating conflicts or the conflict resolution environment, coordination, decision-
making, etc. in order to generate higher profit from the marketplace. The organization structure
are always determined in the formal relations and position of workers in group as well as include
the effectiveness and coordination relation in organization. The organizational structure is
affected by the environments, technology, strategy, goals and size of organization.
The Tesco company is continuously obtain the objectives or goals of the company by
considering the importance of the organizational structure. For instance, the organizational
structure helps in define clear authority and responsibilities, better understanding, facilities,

policies and objectives of the business in the marketplace in order to attract the customer toward
the organization that also boost the value of the company. The organizational structure of Tesco
facilitates the administration and both forms of communication are verbal and non-verbal. The
communication is the essential element for exchanging the ideas with the customers that increase
the sales of the company. The organizational structure of the Tesco allow the employees to
coordinate with their superior in order to resolve any sort of issues in an appropriate manner. It
is important for the organization to enhance coordinate activities in the company as it helps in
achieve the organizational objectives. Due to that the organization implement the policies and
procedure or successive goal in easier way (Van Zanten and Van Tulder, 2018). It also delivers
assistance in expand and diversified the growth of organizational activities. The organizational
structure helps in enhance the employee motivation and cooperation and it results in the better
achievement of objectives. In context to that the manager of the Tesco company offer various
rewards and bonuses to the employees that motivate them to improve the skills and knowledge of
individual person. It delivers huge in enhancing the maximum production and minimum
investment and efforts as different layers of organizational structure work in different manner
toward the same goal of the organization. With the help of organizational structure, the operators
save wastage of time and money as well as better utilization of resources as many people are
engaged in the proper alignment of the business enterprises. The organizational structure also
helps in prevent with the duplication of work and functions. Due to that the organization is able
to smother the workflow of the company which worked as the competitive advantage in variety
of the marketplace. The aim of the Tesco to utilize the organization structure is to perform the
task of the company in an appropriate manner. Due to that Tesco is able to satisfy the large
numbers of the customers and managing the employees in positive manner. The top line manager
of the organization provide guidelines to the employees for improving their performance and
enhance the skills and knowledge. The skilful employees of the company increase the values of
the company and create impression on the peoples (Chen, 2021).
conclusion
From the presented report it will be concluded that with the assistance of the organizational
structure the company is able to accomplish the objectives in effective as well as efficient
manner. It provides helping hand in managing the essential resources or the assets of the

organization in an appropriate manner. The report determined the organization structure of the
Tesco company which is considered as the essential element for the success of the business.
Question 4
Introduction
Profit maximization refers to the process of increasing the profit of the company in effective as
well as efficient manner. The organization have opportunity to increase the profit of the company
by satisfying the numbers of the customers. The report will shade a light on the primary
responsibility of a profit making organization in order to generate the profit is the styaterment
given by Milton Friedman.
Main body
The primary responsibilities of profit-making organization is to make profit
The primary responsibilities of profit-making organization is to make profit this statement is
delivered by Milton Friedman which is true but not much effective for the long period. In the
previous years or decade the aim of many companies is to generate the profit only which is not
accepted by many people as it is important to show the concern toward the nature and people in
effective as well as efficient manner. If the organization generate profit only and didn't show
moral values toward the environment then the customer will avoid the product and services of
the company. Beside this it is responsibility of the organization is to focus on the quality of the
product and services of the company which is productive for the customer (Latapí Agudelo,
Jóhannsdóttir and Davídsdóttir,2019) . The aim of the organization should be to satisfy the
customers rather than generating the profit only. Due to profit motive sometime the company is
not able to grow in domestic as well as international marketplace because the company produce
the product to sale only not to satisfy the customer. In context to that the organization didn't
deliver adequate quality of product to the customer. For increasing the sales of the company it is
important for the organization to consider the taste and preferences of the customers. Apart from
that the only motive is to maximize the profit of the company put the organization in the risk or
in danger as the organization is not concerned about the values and belief of the people.
In the modern era where the resources are limited the people of the nation shows high concern
about the natural resources and environment. It is important for the business because most of the
people like 82% of the people or the buyers are willing to buy the product which do not harm the
nature or eco-friendly products (Camilleri, 2021). In context to that the other responsibility of the

organization is to consider the corporate social responsibilities. In general the corporate social
responsibility is the essential element which the private or profit making organization used in the
21st century in order to share values and increase the standard of the company in domestic as
well as international marketplace. Basically it is plans of action that company used for increasing
the awareness and responsibility toward the environment. In corporate social responsibility the
organization form various objectives to take action for the welfare of the nation, environment
and organization. The aim of the organizations to deliver corporate social responsibility to
accomplish the goal of the environment and increase the scale of profit of the company for the
further growth. Due to that the company is able to deliver the ethical values to the buyers or the
public in effective as well as efficient manner. In context to build the better world the
organization plan different strategies that bring the positive and inspirational culture. Due to that
the company is able to improve the values or image in the marketplace . Apart from that it give
assistance in increasing the awareness among the people and encourage them to buy the product
and services of the company.
The CSR deliver assistance in delivering competitive advantages boost the loyalty and
transparency of the company in adequate manner. As per the report many organization like
Tesco, Nike, Sainsbury, Mark and Spencer and many companies reduce the utilization of the
carbon footprint and utilization of the plastic in the production process. And many company like
Tesco develop various programme for the safes and save environment or the resources for the
forthcoming time. For the welfare of the organization the companies are reducing the utilization
of chemical and started believing in the recycling of the product. In context to that the Tesco
company is the best example as it develop the 3R programme which indicate Reduce, Reuse and
recycle the waste. Due to that the companies or the organization is attracting toward the
production of the company (Ali, Danish, and Asrar‐ul‐Haq, 2020).
conclusion
From the above report it will be concluded that the management of the organization should be
effective and responsible for the effective outcomes of the company. Apart from that the study
reflected that the profit making organization is having various responsibility rather than focusing
on the profit maximization only. In context to that the report evaluated the importance of CSR.
Furthermore, the report mentioned that with the help of CSR the company is can improve the
brand image in adequate manner.

REFERENCES
Books and journals
Ali, H.Y., Danish, R.Q. and Asrar‐ul‐Haq, M., 2020. How corporate social responsibility boosts
firm financial performance: The mediating role of corporate image and customer
satisfaction. Corporate Social Responsibility and Environmental Management, 27(1),
pp.166-177.
Auchter, A.M., and et.al., 2018. A description of the ABCD organizational structure and
communication framework. Developmental cognitive neuroscience, 32, pp.8-15.
Camilleri, M.A., 2021. Strategic attributions of corporate social responsibility and
environmental management: The business case for doing well by doing
good!. Sustainable Development.
Chen, Y., 2021. Reconciling common but differentiated responsibilities principle and no more
favourable treatment principle in regulating greenhouse gas emissions from international
shipping. Marine Policy, 123, p.104317.
Gray, and et.al 2018. Contemporary management of ejaculatory dysfunction. Translational
Andrology and Urology, 7(4), p.686.
Latapí Agudelo, M.A., Jóhannsdóttir, L. and Davídsdóttir, B., 2019. A literature review of the
history and evolution of corporate social responsibility. International Journal of
Corporate Social Responsibility, 4(1), pp.1-23.
Van Zanten, J.A. and Van Tulder, R., 2018. Multinational enterprises and the Sustainable
Development Goals: An institutional approach to corporate engagement. Journal of
International Business Policy, 1(3), pp.208-233.