Work-Based Learning Report: Tesco's Business Environment Analysis

This report delves into a work-based learning analysis centered on Tesco, a multinational retail company. It begins with an introduction to work-based learning, emphasizing its role in bridging academic knowledge with real-world applications. The report then employs business environment tools, specifically PESTLE and SWOT analyses, to evaluate Tesco's operational landscape, considering political, economic, social, technological, legal, and environmental factors, as well as the company's strengths, weaknesses, opportunities, and threats. The report further examines management practices within Tesco, focusing on leadership and motivation strategies to enhance employee performance. Finally, it includes personal and professional development audits, reflecting on skills and areas for improvement, particularly in relation to a potential marketing manager role. The conclusion summarizes the key findings and recommendations. The report is a comprehensive exploration of Tesco's business environment and management practices, offering valuable insights for students and professionals alike.

Work-Based Learning

Contents
INTRODUCTION...........................................................................................................................3
Business Environment Tools...........................................................................................................3
PESTLE analysis.........................................................................................................................3
SWOT analysis............................................................................................................................4
Management Practices.....................................................................................................................5
Audit Personal Development...........................................................................................................7
Audit Professional Development...................................................................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................12

INTRODUCTION
Work based learning is educational strategy tends to provide student real life work experiences to
have application of academics and technical skill for development of the employability skills
(Caldwell and et.al., 2020). This is the series of education courses integrated in the school and
university curriculum with workplaces for creation of the different learning paradigm.
In this report, there will be personal and professional development evaluation of the business
environment of the Tesco company as to pursue the role of marketing manager. This is defining
the management practices which can be helpful in creating the desirable impacts on the
employee performance.
Business Environment Tools
Tesco is the multinational retailer company’s headquartered in England. In term of the
profitability, the company’s is the third largest in terms of revenue and ninth largest retail
supermarket in the world. The company is been founded in the year 1919 along with currently
operating in 12 countries with over 6553 stores (Emblen-Perry, Nichol and Ross, 2020). As per
the role of the marketing manager, company have implication of internal and external business
unpredictable environment. The firm is operating with discussing factor which is affecting the
Tesco performance and operations.
PESTLE analysis
Political factor
The company home country is considered to be stable but due to the Brexit, it has created a lot
of uncertainty. As the company is operating is the different market such as Ireland, Hungary,
Poland, Slovakia, Malaysia, China, Czech Republic. So it can be stated as mostly the business is
capable to respond to the current and futures legislations along with adjusting the business and
marketing policies in perfect manner.
Economic factor
As compares to the global economics, the firm have been severely affected by COVID 19 as it
has been expected as the large number of people will be downs and many will have losing their
jobs. This will be resulted as less level of spending by customer and switching to the cheaper
brads. This will be negative impacts of the operation and profit of company. Likewise, high
labour cost, particularly in the UK and Ireland, costs Tesco millions of pounds every year.
Social factor
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The firm taking the recent level of initiative as the receptibility of social changes and demands.
As for example the company is selling both branded and own label halal meat in the Malaysia
and Thailand (Christie and et.al., 2018). On the other hand, the company is selling the branded
products in the UK for Jewish customers. The company is seriously looking for the demand of
the different type of vegan foods in the high European market offering the good opportunities for
the further growth.
Technological factor
Tesco is looking for the technological advancements as creation of the loyalty cards by big
forces behind the success of the company. Tesco have started the self-services checks out points
by providing the customer with appropriate conveniences and help the firm to have reduction in
cost.
Legal factor
Government legislations and policies impacting the company directly as there UK and EU law
have prohibited the anti-competitive activities as the result the company cannot merges with any
supermarkets. The country has the competition to be watch dog by blocking the such level of
moves. The firm have the obligation by not paying any employee less than minimum wages
which have been by the government. The company is taking the legal action the misleading
customer by seeing and fined on theme.
Environmental factor
As many countries have been facing the serious level of global pressures from government
regrading the addressing of the environmental issues which is directly or indirectly being passed
o the big companies. In order to have responding against pressures, Tesco is taking level of
initiative to have reduction carbon emission to zero by 2050 and removing the one billion pieces
of plastic packages by the end of 2020.
SWOT analysis
Strength
 The firm is one of the biggest retailers in the UK along with leading market share around
305 of the shares of markets.
 The firm have succeeded by providing the wide varsity of the product choice in terms of
the branded level and under the same brand also.
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 The company have the successful diversification strategy as the firm is popular in the
clothing range and mobile phone business in their respective manner.
Weakness
 The firm have the weakness in term of the investigation and the misinterpretation the
profits is for which Tesco have been charged in terms of fraud in year 2017.
 The firm is having the decrease in the level of profitability’s which have been falls more
than 10% which tends to be worst performance of the companies since the Brexit
referendum.
Threat
 The firm have threat of the increasing level of competitiveness in the retail market which
is due to the rapid changes in the expectation of customer in the perfect manner.
 The Brexit deals have the serious impacts on the business as the stores re running in
different EIU countries.
 The firm have serious threat of falling value of pound which is increasing the price of
Tesco in the market.
Opportunities
 The firm is recently having the introduction for expanding un Jacks the discount stores to
have significant growth perspectives.
 The firm have the formation of strategic alliance with other brands by offering the
excellent opportunities and attracts more customer
 Have the formation of the joint venture and online shopping in helping in proving the
profound market knowledge and improving the company performance.
Management Practices
Management practices is considered to be the strategic level of approaches for creating the
sustainable level of improvements in the performance of the employees along with tending the
increase in the effectiveness of the companies in respective manner (Davies, Curtin and Robson,
2017). To have the focus of the HR and management practices will make the significant
development of employees and better alignment of companies with teams and individuals’ goals.
The manager has the great level of responsibility over creating the efficient work environments
which enables the both employer and employee to make the company thrive.
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As considered to the reference of Tesco, the company have the define level of definition in
the term roles, understanding the individual’s strength and weakness along with proving the
significant level of feedbacks used to trigger interventions and reward positive behaviour, it
is much more difficult for managers to effectively lead their employees.
Leadership
The company have to make assurances of the employee to be clear regarding the work
assignments to have the proper communicating the work expectations as well which can be
archived through proper level of guidance and leadership in perfect manner. This will be having
the continues managing through the frequents expectations. The employees have the explaining
the objectivity to have the good chances to know what to do and how to be thing get done
(Vetere. and Stratton. eds., 2016). On the other hand, empowering the employees having the
gaining of authority to make the decisions have the huge impacts in the success in terms of goals
and objectivity by accessing the data with the impeding the progress. The particular leaders have
major responsibility participating the employee roles and responsibilities in order to became
more rational while offering the new level of opportunities to have significant growth and
perspectives. The firm should have enabling their transparent outlooks to the realtered process
as the self-development plans to have reward and reorganization to have the relevant
information.
Motivation
The company should have the customizable organizational alignments with the tool to have
the proper alignment of the employees, team and divisions with the specific key objectives to
the certain manner. This will be serving as the competitive assets to have the double the
workforce’s management which enable better decision makings and improving the
productivity of business drastically. In term of taking the regular level of feedbacks at the
360 modules will be capturing the regular inputs as the stakeholders with continuous effect to
have the comprehensive feedbacks by empowering the employees to have determination of
the performance gaps and improve in according manner. This will be having the Increased
emphasis on employees’ training and development will hone their skills and encourage them
to perform better.
The employees have the explaining the objectivity to have the good chances to know what to do
and how to be thing get done. There is the need to have the resources to have the heeding the
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accountable without being the micromanaged (Turner. and Palmer, 2018). This will imply the
less level of confusions which is turning out to have the improvements in the employee
performances. On the other hand, the flexibility in what every employee has the admiration as
aligns the variable level of compensations plans which is quantifiable employee performance to
motivate to deliver exceptional results every time. This will have the dramatic improvements in
their performances over the perfect timing.
Audit Personal Development
The personal skill audit is considered to be the good for an individual to have the proper level of
identifications in order to have the proper identification of the strength and needs to make the
development of the healthy atmospheres in perfect manner (Sangster, 2017.
Schmidt, 2017). This can be proven as the rueful for the people to have the keep themselves on
the career tracks with the mainly ambiguous managers and the entrepreneur.
To have the identification of the personal development can be led to give the personal growth as
well. I have to purse my career as their customer relationship managers as I have been
considering myself as the anxiousness dealing with clients and making the significant influence
over there needs and wants which have been herded (Hill and et.al., 2016). As the parts of my
job role, I am considering as the vocabulary customer provisions along with training and the
skills to have the significant to be dealing with clients .
 The most vistal aspect of developing the PDP (Personal Development Plan) is to lend a
hand you learn and construct up more efficiently and to be able to:
 To have are recognizable and list of confirmations in term of knowledge and the
consequently the development of the different appraisal plans and tasking accountability
of the own knowledge.
 To have the learning the wider varsity of ways to the wider context.
 To be recognizable and the categorising the training and learning requirements in there
effective manner.
Skills audit
Skills Summary Confidences Example Transferability
Languages
skill
To have multiple
languages in
Confidents To have insolents
of the societies
As the fast-
paced
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terms of basic
knowledge in the
reading and
writing s
and assignments
at university
environments
roles and
transportation
manager
Positive
attitude
I am highly
motivate s and
optimistic to
have approaching
the new task and
challenges .
Very
Confidents
spending to have
he managing the
wok in effective
manner. there is
need for the
significant
awareness for the
taxes
making
significant
improvement in
the excel sheets
and adipates
new
technology.
Listening skills I can have
follow-up the
conversions
accurately and
follow verbally
the given
instructions in
correct manner.
Confidents To have allot of
times to allocate
the needed ty
work to do
I can have
effetely
imagination in
creating the
improvement in
task or product
Financial
management
I ma fully aware
of the current
outgoings ,
income and
spending to have
he managing the
wok in effective
manner. there is
need for the
significant
awareness for the
Fairly
Confidents
I can have effetely
imagination in
creating the
improvement in
task or product.
Have the
completing the
company job
and marketing
8

taxes and
geranyl’s
business
outgoings
Cultural
awareness
I have
recognising the
respecting the
differ culture
and adapting
them in
apocopate
manner.
Very
Confidents
spending to have
he managing the
wok in effective
manner. there is
need for the
significant
awareness for the
taxes
To have proper
level of
communication
with person
who have
belonging to
different nation
Creativity I can have
effetely
imagination in
creating the
improvement in
task or product.
Confidents To have allot of
times to allocate
the needed ty
work to do
To have
personal
analysis in
different
conformation
Presentation
skill
I can present the
front of the large
audiences but
have in suffering
form he anxiety
Not Very
Confidents
I can have effetely
imagination in
creating the
improvement in
task or product.
the anxiousness
dealing with
clients and
making the
significant
influence over.
Oral
communication
I can have the
conversions but
have the straggly
to have the
understanding
with opens.
Not
Confidents
spending to have
he managing the
wok in effective
manner. there is
need for the
significant
awareness for the
9

taxes
10

Audit Professional Development
Skills Summary Confidences Example Transferability
Costumer
service
I have need to make
the proper level of
identification of
needs and rights
services to maximize
the customer
satisfaction in perfect
manner.
Confidents To have
working as the
tour operators
and faces to
face
advertisements
to the
customer
Any customer
faced , faced
front lines
roles to have
management
with customer
mainly having
proper
communication.
Leadership I have the
identification of the
people strength to
have the allocation of
right directions ,
delegate the works
and effectively
motivation is
pursued.
Confidents To have
leading the
stranger in
order to have
completing th
task and
challenges
O have the role
of customer
relationship
managers to
have
contribution .
Time
management
To have free time to
have allocation as
needed to worked for
hours and fiend the
reserve work life
balance in perfect
manner.
Not very
Confidents
To have allot
of times to
allocate the
needed ty
work to do
As the fast
paced
environments
roles and
transportation
manager
Technological
knowledge
To have proper level
of pursing the
Fairly
Confidents
Growing up
with the
Offices
employment
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presentations and
making significant
improvement in the
excel sheets and
adipates new
technology.
technology
and computer
lessons
and recipients
Team work I can work together
have the wide ranges
with different people
and enjoying the new
technology.
Very
Confidents
To have
insolents of
the societies
and
assignments at
university
Huma interstice
and the sales of
the retail
company
Online
marketing
I can effectively
have the promoting
the busines in social
media.
Very
Confidents
To have
advertisement
of the family
business
Have the
completing the
company job
and marketing
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