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Tesco is a large international retailer. It sells a large amount of different
products from groceries to furniture. It’s objective is to have long term
growth, dominate and expand in global markets and have strong
customer loyalty by providing best service possible. To achieve those
objectives it employs more than 360,000 employees
Mission and Vision Statement
Mission statement:
 Creating value for customers to enable them to earn their life loyalty.
Vision statement:
• wanted and needed around the world
• a growing business, full of opportunities
• Modern, innovative and full of ideas
• Winners locally whilst applying our skills globally
• inspiring, earning trust and loyalty from customers, our
colleagues and communities
Location of Factor
Internal
External
Favorable Unfavorable
Strengths
Market presence
Strong performance of
Tesco
Strong brand name
Weaknesses
High dependence on the UK
and Europe
Weak inventory turnover
Opportunities
Growing online shopping in
the UK
Growing music and video
market
Opportunities in private
label markets
Opportunities in India and
other international market
Threats
Increased minimum wages
in the UK
Rising food prices in the
UK
Intense competition
TYPE OF FACTOR
SWOT Analysis(Tesco Company)
Strategic Plans
Strategic Plans Of Tesco
Strategic Plan
of Tesco
Grow
the UK
core
Being
strong in
everything
they sell.
Building
team to
create
more
value.
Retail
service in
all market.
Internati
nal
retailer
in stores
and
online
Serves at
the heart
what they
do
Being
creator of
highly
valued
brands.
Recruitment and Selection
Recruitment
 The process of attracting a pool of qualified applicants that
is representative of all groups in the labor market.
 Internal
 External
 Alternatives
Selection
 The process of assessing who will be successful on the job,
and the communication of information to assist job
candidates in their decision to accept an offer.
 Job Analysis
 Job specification
 Job Description
POLICES
Finding aqualified
employees
Training &
Development
Compensation, Rewards
and Benefits
Maintaining good
relationship with the
employees
Conclusion
Their mission, vision and strategy show their
overwhelming commitment towards their businesses
and customers. Though their SWOT analysis report
show huge strengths and opportunities but also they
have concerning threats and weakness. Its successes
are highly attributed to the role of its human resource
management department which has assisted the
organization to be in its effective position in the
market today. Overall it is a well-structured company
with effective management and effective leadership.
Tesco's Global Growth Objectives and Strategies

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Tesco's Global Growth Objectives and Strategies

  • 1. Tesco is a large international retailer. It sells a large amount of different products from groceries to furniture. It’s objective is to have long term growth, dominate and expand in global markets and have strong customer loyalty by providing best service possible. To achieve those objectives it employs more than 360,000 employees
  • 2. Mission and Vision Statement Mission statement:  Creating value for customers to enable them to earn their life loyalty. Vision statement: • wanted and needed around the world • a growing business, full of opportunities • Modern, innovative and full of ideas • Winners locally whilst applying our skills globally • inspiring, earning trust and loyalty from customers, our colleagues and communities
  • 3. Location of Factor Internal External Favorable Unfavorable Strengths Market presence Strong performance of Tesco Strong brand name Weaknesses High dependence on the UK and Europe Weak inventory turnover Opportunities Growing online shopping in the UK Growing music and video market Opportunities in private label markets Opportunities in India and other international market Threats Increased minimum wages in the UK Rising food prices in the UK Intense competition TYPE OF FACTOR SWOT Analysis(Tesco Company)
  • 5. Strategic Plans Of Tesco Strategic Plan of Tesco Grow the UK core Being strong in everything they sell. Building team to create more value. Retail service in all market. Internati nal retailer in stores and online Serves at the heart what they do Being creator of highly valued brands.
  • 6. Recruitment and Selection Recruitment  The process of attracting a pool of qualified applicants that is representative of all groups in the labor market.  Internal  External  Alternatives Selection  The process of assessing who will be successful on the job, and the communication of information to assist job candidates in their decision to accept an offer.  Job Analysis  Job specification  Job Description
  • 7. POLICES Finding aqualified employees Training & Development Compensation, Rewards and Benefits Maintaining good relationship with the employees
  • 8. Conclusion Their mission, vision and strategy show their overwhelming commitment towards their businesses and customers. Though their SWOT analysis report show huge strengths and opportunities but also they have concerning threats and weakness. Its successes are highly attributed to the role of its human resource management department which has assisted the organization to be in its effective position in the market today. Overall it is a well-structured company with effective management and effective leadership.