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Tesco

In: Business and Management

Submitted By niks
Words 6923
Pages 28
1.0 introduction
1.1 reasons for choosing this area of study
I have chosen topic 8 i.e. the evaluation of business and financial performance of an organisation over 3 year period. The reason behind my choice is that it gives me a platform to analyse the financial performance of a public limited company. This would enhance my analysis skill of practical world and help to develop on my weaknesses. I have done the ratio analysis on fictitious company set by different authors but never had an opportunity to apply them on a real life scenario.
1.2 Reasons for choosing the organisation
I have decided to choose Tesco plc for this research and analysis project .Tesco plc is the largest retailer in the UK and third largest in the world behind Wal-Mart and Carrefour. According to TNS Worldpanel over £1 in every £7 (14.3%) of UK retail sales is spent at Tesco. (http://en.wikipedia.org) .Tesco has largely contributed to cut spending on our daily needs. It has wide ranges of services and products which would help me to analyse different aspect of the business. Its growth in the international market is quite significant and it has became a threat for Wal-Mart and Carrefour as a international rival .Therefore I found Tesco to be the best choice compare to other supermarket retailers.

Comparison I will compare the performance of Tesco plc with j Sainsbury plc. They are both listed in the London stock exchange. J Sainsbury plc is the third largest retailer in the UK with a market share of 16.1% and ASDA is the closest competitor with a market share of 16.8% according to the latest report by TNS World panel . I will report on the business and financial performance analysis of three year period ranging from year ended 2007 to year ended 2009 and make comparison with J Sainsbury plc where appropriate. I will also bring other supermarket retailers in to the picture to make…...

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