Evaluation of the Company's Strategy - Coursework Example

Only on StudentShare

Extract of sample
Evaluation of the Company's Strategy

As Tesco continues to explore its opportunities to expand in countries where there exist high returns, it also aims to be competitive by realizing its customer demands and needs so that they are able to provide them with a great experience. For that it needs to conduct frequent market reviews to analyze customer satisfaction. Also due to inflation the price setting should be done such that it attracts customers thereby creating a greater competitive environment. The focus is also on improve the performance of its current markets to maintain and grow its market share. The implementation of strategies that focus on customer reviews to tackle competition and grow could lead to better performance as most of the threats and weaknesses Tesco is as a result of rivals and the economic conditions. Sustainable growth is one of Tesco’s strategies. This means that profits are not the only governing factor in expanding but growing with responsibility thereby creating a sustainable operating environment. Knowledge Hub was started by Tesco for its suppliers to encourage the sharing of environmentally friendly ideas. Tesco wants to create a sustainable supply chain and by 2020 it aims to cut down emissions by twenty to thirty percents. ...Show more

Summary

The report aims to identify the strategies that have been developed by Tesco Plc in response to the internal and external environment surrounding the company. In the presence of various domestic as well as international competitors and the current financial crisis, Tesco continues to be the world’s third largest grocery store after Wal-Mart and Carrefour. …
Author : itorphy
Save Your Time for More Important Things
Let us write a custom coursework on your topic
"Evaluation of the Company's Strategy"
with a personal 20% discount.
Find out more

Related Essays

Description and critical evaluation of a company's overall digital marketing efforts
From the beginning, its sole purpose was to act as a marketplace for individuals. Pierre brought in Jeff Skoll and Meg Whitman, who made up an experienced team to form a strong and firm vision for the company (eBay is an organization that its mission is to help people connect and not just selling things).
6 pages (1500 words) Case Study
STRATEGY ANALYSIS AND EVALUATION
Michael Porter contends that competitive advantage can be acquired through analyzing the value chain of a company. This value chain is a system of interdependent and connected activities through linkages. It is embedded in the larger activity streams of a company where another affects the costs or effectiveness of one activity.
9 pages (2250 words) Essay
Evaluation of the Company's Strategy
Its strength lies in creating exclusively branded products which cannot be replicated by other retailers. It believes in abiding by the government policies both to protect its commercial objectives and also to make contribution towards development of policy for the benefit of the broader public.
9 pages (2250 words) Assignment
Evaluation of the Company's Strategy
This requires analysis and scanning of the business environment in which the company operates and also requires the investigation of the competitor’s strategy. A strategic management analysis would be conducted for TESCO to understand the company’s present strategic position through Ansoff and BCG Matrix.
8 pages (2000 words) Essay
Evaluation of the Company's Strategy
In the financial year of 2011-2012, the company reported a decline in its UK trading profit for the first time since 2008. This observation is indicative of the fact that Tesco PLC needs to effectively address the challenges it faces in the UK and in its international markets.
8 pages (2000 words) Coursework
Evaluation of the Company's Strategy
The development of the telecommunications technology since the beginning of the previous decade along with the fast penetration of the internet and various technological gadgets has resulted in the process of evolution of a highly connected digital world.
8 pages (2000 words) Coursework
evaluation of the company's strategy
On the basis of that, the study has provided recommendations to the firm in order to achieve competitive excellence. The study also investigated and critically analysed the organisation's strategic position and strategic direction, with a clear identification of the methods by which the organisation has been pursuing its strategy.
8 pages (2000 words) Assignment
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT