Introduction Strategy is the direction and scope of organisation over the long term to accomplish its objectives. In formulating its strategy‚ an organisation must thoroughly understand the industry in which it operates There are five forces model‚ in these model emphasis are on all the relevant factors that an organisation should consider. Organisation success depends on its need to take into account the firm‚ its Customers‚ Competitors‚ Suppliers and its Employees. If all these are not monitored
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Introduction The UK food industry is one of the most important and well established sectors in the UK. It has been growing rapidly and very competitive. Because of the competitive market the retailers have developed good deals to UK customers‚ especially during the recession when people’s life style trends changed and started to consume more products from supermarkets. PEST ANAYSIS Political Food industry in the UK provides many political and legal factors that can have affect on the food industry
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undeniable that the vast range of goods and services that supermarkets provide‚ and the prices at which they supply them‚ have been terribly successful. However‚ the growth and profitability of these companies – in particular‚ the four major chains‚ Asda‚ Morrisons‚ Sainsbury’s and Tesco – has been controversial. Many critics have argued that the supermarkets have exploited their dominant market position in a way that is contrary to the public interest. The principal responsibility for enforcing
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The following discussion provides a general overview of the strengths‚ weaknesses‚ opportunities and threats surrounding Tesco. Use it as a basis for conducting your own‚ specific‚ SWOT analysis of Tesco (or similar companies.) It is a teaching resource for students or managers that can be used to provide inspiration for any specific SWOT analysis. Threats to Tesco First‚ let’s take the T in SWOT and look at possible threats to Tesco. Examples of possible financial threats are fluctuations
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EXTERNAL ASSIGNMENT UNIT 5004 – RESOURCE MANAGEMENT To address the Learning Outcomes you are required to make statements as a manager and leader or a potential manager and leader. Your statements are to be prefixed with the specific Learning Outcome and should demonstrate how you manage resources within your work area or in an organisation with which you are familiar. The Assessment Criteria will act as a guide to help you put into context your statements to fulfil the Learning Outcomes. Your statements
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market with an annual growth rate of 1.5% in 2011. The industry has employed a total of 923‚196 people and has generated a sum of £127 billion in revenue (IBISWorld). Furthermore‚ more than 50% of the market share in the industry is controlled by TESCO‚ ASDA‚ Sainsbury’s and Morrisons (BBC). Porter (1980) illustrates in this analytical tool 5 variables that determine the attractiveness of an industry for organisations in terms of profitability in their immediate environment. Using the forces in this model
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There are mainly five key players in the supermarket industry- Tesco‚ Asda‚ Sainbury‚ Safeway and Morrisons (ChinaCCM). Thus‚ the supermarket industry in the UK could be described as an Oligopoly Market. Oligopolies lie between the definitions of perfect competition and pure monopoly. Firstly‚ there are several sellers but only a few big companies who have a large market share in the industry. In the UK‚ the five big supermarkets totally have 3/4th of the market share (123help me! com). Secondly
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Mineral Resources? * Nonrenewable Resources: a concentration of naturally occurring material in or on the earth’s crust that can be extracted and processed at an affordable cost. Non-renewable resources are mineral and energy resources such as coal‚ oil‚ gold‚ and copper that take a long period of time to produce. * Metallic Mineral Resources – iron‚ copper‚ aluminum * Nonmetallic Mineral Resources – salt‚ gypsum‚ clay‚ sand‚ phosphates‚ water and soil. * Energy resource: coal‚ oil
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The Impact of Non-Financial Resources In this assignment I will provide information for the Human Resources Director of Babcock Plc‚ about how my chosen business uses physical‚ technological and human resources. I have chosen to research about Marks and Spencer’s‚ which is a private limited company and sells high quality clothing‚ home products and food. They operate internationally‚ but mostly concentrating on UK. Managing the human‚ physical and technological resources are very important for Marks
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INDEX 1. Objective of the report--------------------------------------------- 3 2. Overview of UK grocery retail market-------------------------- 3 3. J Sainsbury’s plc---------------------------------------------------- 3 1. Management-------------------------------------------------------- 4 2. Sectors and geography-------------------------------------------4 3. Economy------------------------------------------------------------- 5 4. Wm Morrison supermarkets
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