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Thursday, September 26, 2019

Structure of a UK-Based Grocery Retailing Business Essay

Structure of a UK-Based Grocery Retailing Business - Essay Example The industry analysis involves the examination of competition, the presence of competitors, the level of rivalry amongst the industry player, the relative position of Tesco amongst opponents, bargaining power of suppliers and customers in comparison of Tesco, threat of new entrants and substitutes. This paper is a scheduled academic project which studies and analyses the context and structure of a company. Tesco, the well known retailing brand based in the United Kingdom, has been chosen for the purpose of a study. Tesco will be analysed from both inside and outside perspectives, including the internal structure, culture, philosophy, and operations that determine the internal environment of the company whilst the industry analysis in terms of competitors and competition, anticipation of new entrants, industry growth phase, company expansion, etc is considered as the external environment of Tesco. The paper closes with a pair of suggestions followed by conclusions presented at the end . Tesco is a pioneer international brand known for retailing amongst various grocery and packed food products, clothing items, financial services and even fuel retailing services in different parts of the world. The company operates in fourteen geographic market segments in the UK, United States of America, Europe, North America and Asia. Tesco strives to create the valuable shopping experience for its customers and consumers across the target market.

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