An Evaluation & Analysis of Tesco Plc
Business and Financial Performance of Tesco Plc over three years
THE BUSINESS AND FINANCIAL PERFORMANCE OF TESCO PLC OVER A THREE YEAR PERIOD
Oxford Brooks University
Submitted by: TAHIR GHAFOOR ACCA Registration # 1969183 Date Submitted: 21 Nov, 2011 Word count: 6495 approximately.
1|Page
Business and Financial Performance of Tesco Plc over three years
Table of Contents
Table of Contents .................................................................................................. 2 .............................................................................................................................. 2 Bibliography:........................................................................................................24
Part one
Introduction
The topic I have chosen for my research paper is the Analysis of business and financial performance of Tesco plc for three consecutive years. TESCO PLC is a super market giant in United Kingdom retail industry and has earned its name over the years since its inception. This research paper aims to evaluate the company’s overall financial and business activities during the year 2009-2011.
Reasons for choosing the topic
In the time when recession was taking its toll, Tesco plc successfully managed to run its various businesses given a very competitive retail market. The inspiration in choosing Tesco plc for my research comes from my work experience with the company for over a year. Being an employee of the Tesco Group and a chartered accountancy student, I have always been keen in assessing business and financial factors that has kept the company going over the years. Moreover, I am pursuing the core examinations of ACCA at present in which Corporate and Financial Reporting and Business Analysis are imperative elements of those subjects. After getting hold of self-belief in my ability and grip over these subjects, I came to know that I would write my research paper on the above mentioned topic. This paper will
THE BUSINESS AND FINANCIAL PERFORMANCE OF TESCO PLC OVER A THREE YEAR PERIOD
Oxford Brooks University
Submitted by: TAHIR GHAFOOR ACCA Registration # 1969183 Date Submitted: 21 Nov, 2011 Word count: 6495 approximately.
1|Page
Business and Financial Performance of Tesco Plc over three years
Table of Contents
Table of Contents .................................................................................................. 2 .............................................................................................................................. 2 Bibliography:........................................................................................................24
Part one
Introduction
The topic I have chosen for my research paper is the Analysis of business and financial performance of Tesco plc for three consecutive years. TESCO PLC is a super market giant in United Kingdom retail industry and has earned its name over the years since its inception. This research paper aims to evaluate the company’s overall financial and business activities during the year 2009-2011.
Reasons for choosing the topic
In the time when recession was taking its toll, Tesco plc successfully managed to run its various businesses given a very competitive retail market. The inspiration in choosing Tesco plc for my research comes from my work experience with the company for over a year. Being an employee of the Tesco Group and a chartered accountancy student, I have always been keen in assessing business and financial factors that has kept the company going over the years. Moreover, I am pursuing the core examinations of ACCA at present in which Corporate and Financial Reporting and Business Analysis are imperative elements of those subjects. After getting hold of self-belief in my ability and grip over these subjects, I came to know that I would write my research paper on the above mentioned topic. This paper will