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Critical Assessment and Comparison of the Competitiveness and Profitability of the UK Food Retail Sector
Finance & Accounting
Pages 18 (4518 words)
Critical Assessment and Comparison of the Competitiveness and Profitability of the UK Food Retail Sector and the UK Oil and Gas Sector (Insert name) (Institution) (Course) (Date) Abstract This report is aimed at presenting a comprehensive analysis of the food and retail sector and oil and gas sector in the UK…
The analysis of the two sectors has revealed that there are mixed trends with respect to the performance of selected companies in this study. However, within the retail sector of UK, Morrison’s and Sainsbury are better performers as compared to Tesco. On the other hand, BG and Shell have superseded BP as per the financial analysis. The SWOT analysis of the retail companies and analysis through Porter’s Five Forces Model has revealed that there are significant opportunities for the companies to expand their businesses; whereas at the same time, the competition in the market is also at peak. Similarly, for oil and gas companies, the analysis showed that there are no significant threats for the companies, but for BP the oil spill incident is still showing it’s after effects. Introduction Two of the most successful and competitive industry sectors in the UK are the UK food retail industry (specifically supermarkets) and the UK Oil and Gas industry. Both industries are major contributors to the UK economy. The grocery market alone in 2011 was worth ?156.8 billion and in 2011-2012 the UK oil and gas industry paid production tax of ?11.2 billion, almost a quarter of the exchequers corporation tax (IGN, 2012; Oil & Gas UK, 2012). ...
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