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Management Report 1 : Environmental Audit
Pages 6 (1506 words)
Management Report 1 – Environmental Audit Executive Summary Tesco plc is one the leading brands in the grocery and supermarket sectors in UK as well as in the world. Tesco has prepared a 5 year long growth plan phase where the mission is to diversify the portfolio of the company.
Due to the global financial meltdown the company is facing tough situation both in home country as well as in foreign markets. The research report identifies and discusses the effect of the external and internal business environment of Tesco. Based on the evaluation of the two types of effects the present strategic position of Tesco is analysed and discussed. Table of Contents Executive Summary 2 Introduction 4 Analysis of external business environment 4 Analysis of internal business environment 7 Critical evaluation of strategic position 8 Conclusion 9 Reference List 11 Introduction Tesco Plc is one of the largest UK supermarket retail chains. It is a multinational grocery as well as a general merchandise retailer. It is head quartered in Hertfordshire, UK. There are as many as 500 different products sold by the company. Some of the well known departments and stores are Cash and Carry, Warehouse Club, Convenience Store, Forecourt Store, Department Store, Discount Department Store, Discount Store, hypermarket and supermarket (Bajaj, 2001). The total revenue generated in the year 2013 is ?64.826 billion. The total operating income is ?3.074 billion. Tesco Plc has 3 different subsidiaries, which are Tesco Stores, TESCO Bank and Tesco Mobile. The Company has presence in 14 different countries, some of which are in China, Hungary, and Slovakia etc (Gina, 2013). ...
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