Financial Performance Evaluation of Tesco
1.Introduction:
This project will mainly focus on the business and financial performance of Tesco plc (a supermarket of UK) from year 2009-2011.Through this report and analysis project, we will know the detail of how the company is running and how well or badly the company performed in last 3 years. This will also help shareholders to realize whether and how their agents performed in their interests. The following main elements are included in Introduction section: * 1.1 Background and Context
-why Tesco:
Tesco is the largest food retailer in UK, operating around 2,318 stores worldwide.
Tesco operates around 1,878 stores throughout the UK, and also operates stores in the rest of Europe and Asia. Tesco.com is a wholly-owned subsidiary offering a complete online service, including tescodirect.com and tesco.net. The company also offers a range of both online and offline personal finance services. Tesco is headquartered in Hertfordshire, UK.
For the year ended 26 February 2011 Tesco PLC achieved revenues that totaled
£60,931million, an increase of 8.1% against the previous year’s revenues that were
£56365million, compared with UK sale growth 5.5%.Undoubltly Tesco play a key role in UK supermarket industry as well as in world supermarket industry. Also it is worthwhile to be chosen to be analyzed, to some extent it also can be imitated by other supermarket company, e.g. supermarkets in similar internal and external environment, with Tesco, other supermarkets in developing countries. 1.2 Scope and Objectives
This project will cover 2 aspects of performance of Tesco plc: business and financial performance .
Business performance includes the impact of mission statement, vision and strategy, management structure on Tesco plc, SWOT and PESTEL analysis of external environmental of Tesco plc, threshold capabilities and distinctive capabilities analysis towards internal environment, and also value chain ,VRIN analysis.
Financial performance mainly
This project will mainly focus on the business and financial performance of Tesco plc (a supermarket of UK) from year 2009-2011.Through this report and analysis project, we will know the detail of how the company is running and how well or badly the company performed in last 3 years. This will also help shareholders to realize whether and how their agents performed in their interests. The following main elements are included in Introduction section: * 1.1 Background and Context
-why Tesco:
Tesco is the largest food retailer in UK, operating around 2,318 stores worldwide.
Tesco operates around 1,878 stores throughout the UK, and also operates stores in the rest of Europe and Asia. Tesco.com is a wholly-owned subsidiary offering a complete online service, including tescodirect.com and tesco.net. The company also offers a range of both online and offline personal finance services. Tesco is headquartered in Hertfordshire, UK.
For the year ended 26 February 2011 Tesco PLC achieved revenues that totaled
£60,931million, an increase of 8.1% against the previous year’s revenues that were
£56365million, compared with UK sale growth 5.5%.Undoubltly Tesco play a key role in UK supermarket industry as well as in world supermarket industry. Also it is worthwhile to be chosen to be analyzed, to some extent it also can be imitated by other supermarket company, e.g. supermarkets in similar internal and external environment, with Tesco, other supermarkets in developing countries. 1.2 Scope and Objectives
This project will cover 2 aspects of performance of Tesco plc: business and financial performance .
Business performance includes the impact of mission statement, vision and strategy, management structure on Tesco plc, SWOT and PESTEL analysis of external environmental of Tesco plc, threshold capabilities and distinctive capabilities analysis towards internal environment, and also value chain ,VRIN analysis.
Financial performance mainly