StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Environmental Audit - Report Example

Comments (0) Cite this document
Summary
This work called "Environmental Audit" describes Tesco Plc which is the biggest multinational general merchandise and grocery retailer in the United Kingdom. The author outlines its strong leadership position, the role of technology development, contusing cost reduction especially the operating costs…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.4% of users find it useful
Environmental Audit
Read TextPreview

Extract of sample "Environmental Audit"

Download file to see previous pages The global recession from 2007 to 2009 has a substantial impact on the overall retail industry across the world. The external environment determines the outlook of the industry and hence it is very important to analyze the external environment in order to formulate an appropriate strategy for the organization. The macro-economic environment is evaluated using the PESTEL analysis that identifies key drivers that influence the company’s strategic decisions. The internal business environment is analyzed on the basis of the availability of resources that influence productivity, delivery, and service. The objective of the assignment is to reveal the influence of both internal and external business environments on the company’s current and future strategies (TESCO, 2013, pp.3-9).
The company chosen for study is Tesco Plc which is the biggest multinational general merchandise and grocery retailer in the United Kingdom. The company operates in over 2,315 stores globally with over 1,875 stores in the UK. It also has a significant presence in North America, Asia, and Europe. The total revenue of the company for the year ending 2013 was over £ 64.8 billion while net income after taxes was over £ 120 million. Tesco PLC was founded by Jack Cohen in 1919 as a group of market stalls. The company is listed on the London Stock Exchange and has over 6350 stores globally. It is also a constituent of the FTSE 100 Index. The company is headquartered in Chestnut, Hertfordshire of England (TESCO, 2013, pp.3-16).
The company has huge geographical diversification into areas like clothing, furniture, electronics, financial services, retailing of books, internet services, software, music downloads, DVD rental, and so on. Tesco Stores Ltd is a subsidiary of Tesco PLC in the United Kingdom. The company offers a wide range of personal finance services both offline and online.
The global recession from 2007 to 2009 has a substantial impact on the overall retail industry across the world. During the year 2012, retail growth was only 1.2% and it was the third-lowest in the history retail industry of the UK in the last 40 years. Thus, the macro-economy significantly influences organizations’ strategy by influencing the surroundings of the industry. The external environment determines the outlook of the industry and hence it is very important to analyze the external environment in order to formulate an appropriate strategy for the organization (TESCO, 2013, pp.8-9). ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Environmental Audit Report Example | Topics and Well Written Essays - 1750 words - 1, n.d.)
Environmental Audit Report Example | Topics and Well Written Essays - 1750 words - 1. https://studentshare.org/marketing/1802919-coursework-1-assignment-management-report-1-environmental-audit
(Environmental Audit Report Example | Topics and Well Written Essays - 1750 Words - 1)
Environmental Audit Report Example | Topics and Well Written Essays - 1750 Words - 1. https://studentshare.org/marketing/1802919-coursework-1-assignment-management-report-1-environmental-audit.
“Environmental Audit Report Example | Topics and Well Written Essays - 1750 Words - 1”. https://studentshare.org/marketing/1802919-coursework-1-assignment-management-report-1-environmental-audit.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Environmental Audit

Environmental Audit

...Environmental Audit Environmental audit is environmental evaluation intended to identify various environmental problems and management system and totake corrective actions if there is any problems. Generally there are two types of environmental audit such as compliance audit and management system audit. Environmental auditing is systematic process of collecting information regarding the effectiveness environmental policies. Environmental audit can be defined as “An environmental audit is concerned with checking conformity with legislative requirements and environmental standards, as well as with company policy. The audit may also cover potential improvements in environmental performance and systems” (Definition of Environmental Audit para...
8 Pages(2000 words)Term Paper

TESCO: Environmental Audit

...? TESCO: Environmental Audit Introduction TESCO is a multinational company in retail business dealing in grocery and general mechanidising ranging from entertainment, books, clothing, phones to banking and insurance. Auditing with reference to environment considering its entry in Quatar is undertaken in this paper. Barnett (2011) states “the top 50 list [in UK] have been replaced by more traditional brands such as Tesco or Marks and Spencer”. According to guardian.co.uk (2009) it rang up worldwide sales of ?1.02bn for every week of last year, it has more than 2,280 UK stores, and 2,077 internationally and about 469,000 staff work for Tesco, 283,000 of them in the UK. Therefore, its entry into the country needs to be analyzed with regard...
8 Pages(2000 words)Essay

Environmental audit

...? <Environmental Audit> and Section # of With the passage of time and the advent of globalization, the phenomenon of global village is now more pertinent than ever before. With the progress in information technology, the concept of geographical barriers is not limiting business as they are reaching newer markets in terms of region and consumer base. This paper is focused upon the entrance and establishment of Tesco store Ltd in the Jordanian market. It would elaborate over the retail market of Jordan and conduct an environmental audit for Tesco as it aims to enter the Jordanian retail market. Moreover it would analyze the major competitors that the company would be faced with when entering the new market. DISCUSSION Anything that impinges...
5 Pages(1250 words)Essay

Environmental Audit

...?Running Head: ABBREVIATED OF YOUR CHOICE (all caps) <Environmental Audit> and Section # of > Environmental Audit With the passage of time and the advent of globalization, the phenomenon of global village is now more pertinent than ever before. With the progress in information technology, the concept of geographical barriers is not limiting businesses as they are reaching newer markets in terms of region and consumer base. With the rigorous business processes, it is imperative for companies to be aware of the maintenance and sustainability of the environment as well. This paper is focused upon environmental audit and how important it is for an organization. It would elaborate on the environmental policies of 3M. Moreover it would shed...
3 Pages(750 words)Essay

Environmental Audit (Data Response)

...?Environmental Audit - Russia Organizations is maximum sectors including in Information Technology sector (IT) will always want to expand their horizons and cross into new territories. After achieving success in their home operations or importantly to tap the good opportunities in the foreign market, the organizations will initiate the entry. Before initiating the entry, organizations will carry an in-depth analysis or an environmental audit of the foreign market or country; it is going to enter, to find out the aiding as well as hindering factors. Only if the organizations find out these factors, it can positively tap the aiding factors, even while coming up with strategies to overcome the hindering factors. There may many country...
6 Pages(1500 words)Essay

Environmental Audit (Data Response)

...?Environmental Audit (Data Response) • Key economic drivers in the host country Most economists hold the school of though that the best indicators orkey economic drivers for measuring the growth of the economy of any country is highly dependent on the supply-side factors that exists in that country because supply-side factors help in determining the trend rate of growth (Riley, 2006). Harper (2011) on the other hand explains that “supply-side economics tries to explain both macroeconomic phenomena and - based on these explanations - to offer policy prescriptions for stable economic growth.” Because of the basis and role of macroeconomics in determining the key economic drivers in the host country, which is Portugal, the main economic...
8 Pages(2000 words)Essay

Toyota Company Environmental Audit

...?Toyota Company: The Environmental Audit Introductory Context People all over the world today seem highly concerned about their health and environmental sustainability more than ever before. Hence, they tend to discourage all business ventures that raise potential threats to ecological balance. Firms also give specific focus on environmental sustainability, and try to develop more eco-friendly products today. This paper tends to explore more about the changing business environment in which Toyota operates. This analysis of the current trends in the business environment would benefit the company to design further green marketing opportunities. Firstly, the paper will identify the different drivers creating awareness of environmental damage...
5 Pages(1250 words)Literature review

Management Report 1 : Environmental Audit

...? Management Report Environmental Audit. Table of Contents Executive Summary 3 Introduction 3 External Business Environment Analysis 4 Political 4Economical 4 Social 5 Technological 5 Environmental 6 Legal 6 Internal Business Environment Analysis 6 Critical Evaluation of Strategic Position 8 Conclusion 9 References 10 Executive Summary Leading global business organizations are trying to implement unique and effective strategies in order to reduce several threats like intense market competition, economic and social challenges. The study is all about Tesco Plc. UK retail market is highly competitive as several leading organizations are competing with each other. Tesco is one of the leading global retail chains. Tesco has implemented several...
6 Pages(1500 words)Coursework

Environmental audit Tesco Plc

...? ENVIRONMENTAL AUDIT Table of Contents Executive Summary 3 Introduction & Background of the Company 4 External Business Environment Analysis 5 PESTEL Analysis 5 Five Forces Analysis 7 Value Chain Analysis 8 Internal Business Environment Analysis 8 SWOT Analysis 8 Critical Evaluation of Company’s Strategic Position 10 Conclusion and Recommendations 11 References 13 Executive Summary The company chosen for study is Tesco Plc which is the biggest multinational general merchandise and grocery retailer in United Kingdom. The company is listed on London Stock Exchange and has over 6350 stores globally. It is also a constituent of FTSE 100 Index. The company is headquartered in Chestnut, Hertfordshire of England. Tesco is the market leader...
7 Pages(1750 words)Coursework

TESCO: Environmental Audit

...TESCO: Environmental Audit Introduction TESCO is a multinational company in retail business dealing in grocery and general mechanidising ranging from entertainment, books, clothing, phones to banking and insurance. Auditing with reference to environment considering its entry in Quatar is undertaken in this paper. Barnett (2011) states “the top 50 list [in UK] have been replaced by more traditional brands such as Tesco or Marks and Spencer”. According to guardian.co.uk (2009) it rang up worldwide sales of £1.02bn for every week of last year, it has more than 2,280 UK stores, and 2,077 internationally and about 469,000 staff work for Tesco, 283,000 of them in the UK. Therefore, its entry into the country needs to be analyzed with regard...
8 Pages(2000 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Report on topic Environmental Audit for FREE!

Contact Us