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TESCO 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

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Page 1: Tesco slide

TESCOTesco 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

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Mission and Vision StatementMission 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

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Location of Factor

Internal

External

Favorable UnfavorableStrengthsMarket presenceStrong performance of TescoStrong brand name

WeaknessesHigh dependence on the UK and Europe Weak inventory turnover

OpportunitiesGrowing online shopping in the UK Growing music and video market Opportunities in private label markets Opportunities in India and other international market

ThreatsIncreased minimum wages in the UK Rising food prices in the UK Intense competition

TYPE OF FACTOR

SWOT Analysis(Tesco Company)

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Strategic Plans

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Strategic Plans Of Tesco

Strategic Plan of Tesco

Grow the UK

coreBeing

strong in everything they

sell.

Building team to create more value.

Retail service in all

market.

Internatinal

retailer in

stores and

online

Serves at the heart what

they do

Being creator of

highly valued brands.

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Recruitment and SelectionRecruitmentThe process of attracting a pool of qualified applicants

that is representative of all groups in the labor market.InternalExternalAlternatives

SelectionThe 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 AnalysisJob specificationJob Description

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TESCO’s HUMAN RESOURCE MANAGEMENT POLICIES POLICES

Finding aqualified employees

Training & Development

Compensation, Rewards and Benefits

Maintaining good relationship with the

employees

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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.

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