Financial Resource Assignment
Management of Financial Resources and
Performance
Contents
TASK 1: TESCO 3
Analysis of Stakeholder of Tesco 4
1.1 The Concept of Stakeholder 4
1.2 The Stakeholder Engagement at Tesco and their Interests: 5
1.2.1 The Expectations and Interests of Customers of Tesco: 5
1.2.2 The Expectations and Interests of Employees of Tesco: 5
1.2.3 The Expectations and Interests of Communities of Tesco: 6
1.2.4 The Expectations and Interests of Suppliers of Tesco: 6
1.2.5 The Expectations and Interests of Regulators and Governments of Tesco: 6
1.2.6 The Expectations and Interests of non-governmental Organizations of Tesco: 6
1.3 The Different Approaches available for Stakeholder Mapping or Analysis: 6
TASK 2: WALMART PERFORMANCE ANALYSIS & REVIEW 7
2.1 Financial Review 7
2.2 Business Planning & Organizational Performance 9
2.3 Increase in Merger Activity in Europe 10
2.4 Issues related to HR Communication 10
2.5 Resource Utilization 11
TASK 3: Investment APPRAISAL Methods 12
Payback Period 12
Net Present Value (NPV) 13
IRR (Internal Rate of Return) 13
References 15
TASK 1: TESCO
Tesco PLC is a British multinational retailer based in Chestnut, Hertfordshire, England, and United Kingdom. As per its revenues, it happens to be the second largest retailer in the world; the largest being Carrefour and Wal-Mart. Tesco has stores in fourteen different countries across Europe, Asia and North America (Tesco Annual Review, pp. 9) and is considered to be the leader of the grocery market in the United Kingdom where it possesses share of around 30 %. The company was established in year 1919 by Jack Cohen in the form of market stalls and has come a long way in development since then. It has expanded its business to various new cultures and geographical regions and also introduced many new types of products and services to scope. These include music downloads DVD rental, internet and telecom services. Also it offers financial services, petrol, furniture, electronics,
Performance
Contents
TASK 1: TESCO 3
Analysis of Stakeholder of Tesco 4
1.1 The Concept of Stakeholder 4
1.2 The Stakeholder Engagement at Tesco and their Interests: 5
1.2.1 The Expectations and Interests of Customers of Tesco: 5
1.2.2 The Expectations and Interests of Employees of Tesco: 5
1.2.3 The Expectations and Interests of Communities of Tesco: 6
1.2.4 The Expectations and Interests of Suppliers of Tesco: 6
1.2.5 The Expectations and Interests of Regulators and Governments of Tesco: 6
1.2.6 The Expectations and Interests of non-governmental Organizations of Tesco: 6
1.3 The Different Approaches available for Stakeholder Mapping or Analysis: 6
TASK 2: WALMART PERFORMANCE ANALYSIS & REVIEW 7
2.1 Financial Review 7
2.2 Business Planning & Organizational Performance 9
2.3 Increase in Merger Activity in Europe 10
2.4 Issues related to HR Communication 10
2.5 Resource Utilization 11
TASK 3: Investment APPRAISAL Methods 12
Payback Period 12
Net Present Value (NPV) 13
IRR (Internal Rate of Return) 13
References 15
TASK 1: TESCO
Tesco PLC is a British multinational retailer based in Chestnut, Hertfordshire, England, and United Kingdom. As per its revenues, it happens to be the second largest retailer in the world; the largest being Carrefour and Wal-Mart. Tesco has stores in fourteen different countries across Europe, Asia and North America (Tesco Annual Review, pp. 9) and is considered to be the leader of the grocery market in the United Kingdom where it possesses share of around 30 %. The company was established in year 1919 by Jack Cohen in the form of market stalls and has come a long way in development since then. It has expanded its business to various new cultures and geographical regions and also introduced many new types of products and services to scope. These include music downloads DVD rental, internet and telecom services. Also it offers financial services, petrol, furniture, electronics,
References: 2 Companies House, 2014, TESCO Company Summary, 2014. Available at http://companycheck.co.uk/company/00445790/TESCO-PLC/company-summary [Accessed 05 May 2014] 3 TESCO Annual Review 2013, TESCO Annual Review, TESCO 4 Wheeler, D and Sillanpää, M. (2007). The Stakeholder Corporation: A Blueprint for Maximizing Stakeholder Value. London: Pitman Publishing. 5 McEwen, W.J. (2008). When the Going Gets Tough. The Gallup Management Journal, New York. 6 Lev B, Petrovitis C and Radhakrishnan S (2006). Is Doing Good Good for You: Yes, Charitable Contributions Enhances Revenue Growth, New York: University Stern School of Business. 7 Hitt, MA, Ireland, RD & Hoskinson, RE (2009). Strategic Management: Competitiveness and Globalisation: Concepts and Cases. New York: Cengage Learning. p163–191. 8 Ryan, A., 2009. Beating Low Cost Competition: How Premium Brands can respond to Cut-Price Rivals. U.S: John Wiley and Sons. http://www.emeraldinsight.com.ezproxy.apollolibrary.com/journals.htm?articleid=1520016&show=abstract 11 Annual Report (2012) 12 Patel, V. K., Pieper, T. M., & Hair Jr, J. F. (2012). The global family business: Challenges and drivers for cross-border growth. Business Horizons, 55(3), 231-239. 13 Poza, E. (2013). Family business. Cengage Learning. 14 Meeks, M., & Chen, R. J. (2011). Can Walmart Integrate Values with Value? From Sustainability to Sustainable Business. Journal of Sustainable Development, 4(5). 15 Carroll, A., & Buchholtz, A. (2011). Business and society: Ethics, sustainability, and stakeholder management. Cengage Learning. 16 Barth, M.E., Schipper, K. (2008), "Financial Reporting Transparency", Journal of Accounting, Auditing & Finance, 23: 2, pp.173-190 17 Parker, Lee D