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11 pages/≈3025 words
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APA
Subject:
Management
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Topic:

Strategic Analysis of Tesco PLC

Essay Instructions:

Strategic Analysis of an Organisation (3,000±10% words) You need to complete a strategic analysis on Tesco (supermarket) 

The following represents the different elements you will need to consider in this first component of the assignment:

 

a)      Identify a key external factor impacting on Tesco’s strategic positioning 

Conduct a critical analysis in which you clearly defend the identification of a specific issue relating to the strategic position of the organisation (considering macro-environmental and competitive factors). To highlight the strategic issue, your report should apply a number of the theories and concepts from the module, with justification for their use (35% of total marks).

 

b)      Evaluate Tesco’s ability to sustain strategic advantage

In relation to a), use some of the models/theories from the module to critically assess Tesco’s ability to respond to the external factor. Here it is important that you consider any challenges and tensions the issue may cause within the organisation and industry. Examples of such impact may include: changing/emerging stakeholder relationships; implications for the value system; implications for resources and capabilities; implications for organisational culture; etc. (45% of total marks).

 

 

 

A further 10% is awarded on the basis of communication and presentation, and another 10% awarded based on appropriate use of evidence and referencing.

 

Note: We will discuss the most important considerations in choosing your organisation and in how to structure your reflection in the lectures and tutorials.

 

4.1  Assignment guidance for the assessment

 

4.1.1  Answer the question!

Think carefully about how you structure your work and ensure that it explicitly meets the criteria set out in the assignment brief. Pay attention to the themes and issues set out and check that you have included everything that you need to when you submit the work.

4.1.2  Written presentation

Your work should take the form of a written paper of 3,000 words (±10% = 2700-3300 words), any submission failing to adhere to the stated word count will have the final grade reduced by one grade point. You should include a word count at the front of your paper. Use headings, diagrams, and brief tables if appropriate to illustrate points and to support your arguments. Ensure that these are relevant, based on your reading, and their significance to your argument is made clear. The assessment focuses on the documentation of your analysis and discussion of strategic issues. An Executive Summary, Abstract or other formal additions to the paper are not required for this piece of work, however, a clear contents page may help you structure your work.

4.1.3  Citation

You should demonstrate your reading in the subject area through continuous reference to or occasional direct quotations from appropriate sources. Do not simply reproduce diagrams or extensive general information from the textbooks or articles! You should assume that the reader is familiar with any basic theoretical or analytical models you use. Marks are allocated for the way you apply them to the question, clearly supporting a line of argument that helps you to answer the question. Where you use direct quotations or show diagrams, try to keep them short and ensure that they make a direct and clear contribution to your argument. Remember: absolutely everything that is not your own idea must be cited appropriately.

4.1.4  Style and Content

Your work summarizes your findings and evidence that is relevant to the questions answered. You do not need to make a complete listing of all the analytical and interpretative processes you went through. You should expect, therefore, to carry out considerably more analysis in the process of exploring the question than you will show in your final work.

4.1.5  Combine practical information and organisational theory

We will give marks for a well-supported argument and discussion of the question that draws on evidence; applies the evidence intelligently; and shows some insight in drawing conclusions. The aim of the assignment is to evaluate the issues embedded in the question, not to descriptively reproduce factual information on a topic area. In order to do this, you will need to look far beyond the company accounts/websites and consider output from academic journals and books, industry texts, business media, and competitor information. Therefore, your evidence base should show that you have done a broad range of reading.

4.1.6  Sources of research and case development information

You will find information from a variety of sources, including academic and trade journals, press reports and company- or industry-produced information (along with description of your experiences for the personal reflection). Remember to consider the validity of the information and the writer's viewpoint in the sources that you use in your final text. You should minimize the general descriptive information you include. You should focus on

 

 

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analysis and interpretation of the significant issues you identify in order to address the assignment brief, rather than describing them in excessive detail. Remember to credit all sources of information that you use, in your text and in the reference list, following the university’s guidance on referencing and citation conventions.

4.1.7  Structure and development

Try to ensure that the structure of your work follows a clear pattern and that the themes develop in a way that is appropriate to your line of argument. Ensure that what you write makes a direct and clear contribution to all parts of the question and try to avoid including general or irrelevant information in your answers. We will not allocate marks to any particular format for the written work (i.e. report style/essay style). However, please include appropriate headings, sub-headings and other 'sign-posts' so that we can see the direction of your thinking and analysis. It is advisable for your to generally follow the way that the assignment brief has been structured.

4.1.8  Appendices

You may wish to include some additional, contextual information or analysis that you have carried out in appendices. Appendices will not be included in the word-count. They should not act as a 'dumping ground' for information you don’t know what to do with. You cannot use appendices to get round the word count limit e.g. saying ‘See Appendix 1 for the strategic analysis’! Remember that appendices work well for additional supportive information which shows the work you have undertaken but should not include anything that is essential to your arguments or main answers to the questions. You should be able to write a sound strategic analysis and personal reflection within the word count advised

Essay Sample Content Preview:

Strategic Analysis of Tesco PLC
Author's Name
The Institutional Affiliation
Course Number and Name
Instructor Name
Assignment Due Date
Word Count: 3305
Table of Content
TOC \o "1-3" \h \z \u 1. Introduction PAGEREF _Toc77449606 \h 32. Tesco PLC Company Overview PAGEREF _Toc77449607 \h 33. Part A: Key External Factor Impact on Tesco's Strategic Positioning (External Perspective) PAGEREF _Toc77449608 \h 43.1. Reflection on Tesco Strategic Position PAGEREF _Toc77449609 \h 43.2. PESTLE Analysis PAGEREF _Toc77449610 \h 43.2.1. Economic PAGEREF _Toc77449611 \h 43.2.2. Social PAGEREF _Toc77449612 \h 53.2.3. Technological PAGEREF _Toc77449613 \h 63.3. Porter's Five Forces Model PAGEREF _Toc77449614 \h 73.3.1. Competitive Rivalry PAGEREF _Toc77449615 \h 73.3.2. Bargaining Power of Buyers PAGEREF _Toc77449616 \h 73.3.3. Bargaining Power of Suppliers PAGEREF _Toc77449617 \h 83.3.4. Threats of Substitutes PAGEREF _Toc77449618 \h 83.3.5. Threats of New Entrants PAGEREF _Toc77449619 \h 83.4. Key Strategic Issue and Its Significance, and Environmental Challenges PAGEREF _Toc77449620 \h 83.5. Competitive Profile Matrix (CPM) PAGEREF _Toc77449621 \h 94. Part B: Tesco's Ability to Sustain Strategic Advantage (Internal Perspective) PAGEREF _Toc77449622 \h 104.1. Impact of Strategic Issue on Organizational Capabilities PAGEREF _Toc77449623 \h 104.2. Stakeholders Analysis PAGEREF _Toc77449624 \h 114.3. Strategic Change PAGEREF _Toc77449625 \h 114.4. SWOT Analysis PAGEREF _Toc77449626 \h 114.4.1. Strengths PAGEREF _Toc77449627 \h 114.4.2. Weaknesses PAGEREF _Toc77449628 \h 124.4.3. Opportunities PAGEREF _Toc77449629 \h 124.4.4. Threats PAGEREF _Toc77449630 \h 124.5. IFE (Internal Factors Evaluation) Matrix PAGEREF _Toc77449631 \h 134.6. EFE (External Factors Evaluation) Matrix PAGEREF _Toc77449632 \h 134.7. TOWS Analysis or Bivariate Strategy Matrix PAGEREF _Toc77449633 \h 155. Conclusions PAGEREF _Toc77449634 \h 17References PAGEREF _Toc77449635 \h 18Appendixes PAGEREF _Toc77449636 \h 23Appendix A: Tesco PLC Cash Flow Statements from 2016 to 2021 PAGEREF _Toc77449637 \h 23
Strategic Analysis of Tesco PLC
1. Introduction
Organizations need innovative strategies to accomplish sustainable competitive advantage in the current and new developing markets. For example, the current pandemic negatively impacts organizations' profits and revenues, and it became difficult to attract new customers and achieve desirable results in any market conditions. In addition, the environment has become more competitive because of the different external environment factors. However, the company's internal strengths and capabilities can play an essential role in overcoming external environment challenges and help an organization maintain or achieve a market leader position in an industry. The report presents a detailed strategic analysis of Tesco PLC. It identifies a strategic issue or key external factor that impacts its strategic positioning and how internal capabilities can help overcome the external factor challenge and accomplish sustainable financial performance.
2. Tesco PLC Company Overview
Tesco PLC is a multinational company with retailing, retail banking, and insurance services (Reuters, 2021). The company operates more than 4008 st...
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