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CSR
1. How to characterise an organization ?
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FINANCIAL RESOURCES
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2. Subject of study: In groups or on your own, choose an organisation and then describe it. The point about CSR needs to be explored in greater depth.
TESCO
MATERIAL RESOURCES
LUCRATIVE PURPOSE
TESCO PRESENTATION
CHARACTERISING An organization
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Transcript

CHARACTERISING An organization

TESCO PRESENTATION

LUCRATIVE PURPOSE

MATERIAL RESOURCES

2. Subject of study: In groups or on your own, choose an organisation and then describe it. The point about CSR needs to be explored in greater depth.

INTANGIBLE RESOURCES

HUMAN RESOURCES

1. How to characterise an organization ?

TESCO

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CSR

STRATEGIES, DECISIONS AND PARTICIPATING PARTIES

FINANCIAL RESOURCES

Tesco operates with a primary goal of generating profit for its shareholders. It is a publicly traded company, and its success is measured by financial performance and returns to investors.

Tesco employs a large number of salaried employees across its various business segments, including retail staff, management, and support functions. The company may also engage volunteers for certain community-oriented initiatives.

Tesco primarily relies on revenue generated from its retail operations for financial resources. This includes sales of goods and services, as well as financial services provided by Tesco Bank. The company may also raise capital through contributions from shareholders and loans from financial institutions.

Tesco utilizes a range of material resources in its operations, including physical stores, warehouses, transportation infrastructure, and raw materials for the production of private-label products.

Tesco possesses various intangible resources, including its corporate identity, brand image, and patents related to certain products or processes. The Tesco brand is well-established and recognized globally.

Tesco is actively engaged in CSR initiatives, addressing sustainability, social, ethical, and environmental issues. This includes efforts to reduce plastic usage, support local communities, and implement environmentally friendly practices throughout its supply chain.

What do the letters CSR stand for? What does the term mean?

  • Lucrative purpose/for profit
  • Non profit/not-for-profit
  • Human resources (salaried employees, volunteers...)
  • Financial resources (contributions, loans, subsidies/grants
  • Material resources (machines, premises, raw matierals)
  • Intangible resources (patents, corporate identity, brand image)
  • Corporate Social Responsability (pratices put in place by companies in order to promote sustainability/social, ethical and environmental issues)
  • Strategies (calculated choices to reach objectives requiring decisions which impact the future of organization)
  • Strategic decisions (Important decisions, long term, costly and rare
  • Operational decisions (less important decisions, short term, inexpensive, and made on a daily basis)
  • Participating parties (economic and social agents interested in the activity and the performance of the company)

Strategies: Tesco employs various strategies to achieve its objectives, including market expansion, product diversification, and cost leadership. The company also adapts its strategies to address changing consumer preferences and market conditions. Strategic Decisions: Strategic decisions at Tesco may involve significant investments, market entry or exit, mergers and acquisitions, and long-term planning. For example, entering new international markets or launching a new product line would be strategic decisions. Operational Decisions: Operational decisions at Tesco include day-to-day activities such as inventory management, pricing strategies, and workforce scheduling. These decisions are made to ensure the smooth functioning of the business on a daily basis. Participating Parties: Economic parties interested in Tesco include shareholders, customers, suppliers, and competitors. Social agents include local communities, NGOs concerned with environmental and social issues, and government bodies overseeing regulatory compliance.

Tesco plc is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England.In 2011, it was the third-largest retailer in the world measured by gross revenues and the ninth-largest in the world measured by revenues. It has shops in Ireland, the United Kingdom, the Czech Republic, Hungary, and Slovakia. It is the market leader of groceries in the UK (where it has a market share of around 28.4%).

In summary, Tesco is a for-profit organization with a diverse set of resources and engages in various strategies and decisions to maintain its competitive position in the retail industry. Corporate social responsibility is also a significant aspect of Tesco's operations, reflecting a commitment to sustainable and ethical business practices.

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