Essays on Tesco - Management of Risk and Corporate Social Responsibility Case Study

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The paper “ Tesco   - Management of Risk and   Corporate Social Responsibility ” is a brief example of the case study on management. In terms of corporate social responsibility, Tesco intends to reduce carbon emission and use organic products from the local suppliers to support the community as a part of the CSR. Owing to environmental analysis it is noted the sales of the UK market have enhanced. Furthermore, stakeholder analysis of Tesco is done wherein the analysis determines the powerful stakeholders along with their interest. Moreover, the related risks are managed through the integration by analyzing the interest of every stakeholder for effectiveness. In terms of corporate social responsibility, Tesco intends to reduce carbon emission and use organic products from the local suppliers to support the community as a part of the CSR.

Owing to environmental analysis it is noted that the sales of the UK market have enhanced. Furthermore, stakeholder analysis of Tesco is done wherein the analysis determines the powerful stakeholders along with their interest. Moreover, the related risks are managed through the integration by analyzing the interest of every stakeholder for effectiveness. The strategies are formed considering the suitability, acceptance, and feasibility aspects so that Tesco can perform significantly.

Moreover, it is noted that suitability determines the rationality with respect to the strategies illustrated.   Maintaining relationships with customers and providing quality low priced products leads to cost leadership impact. It is ranked at the top. Acceptability and feasibility are also related as it enhances performances relating to stakeholder profits. Providing training to employees so that customers are valued and performances are enhanced are the strategies with is ranked considering the differentiation aspect.

Owing to the fact that individual needs are not similar hence this strategy is ranked the second.                        

References

Stationery Office, 2010. Management of Risk: Guidance for Practitioners. The Stationery Office.

Tesco Plc, 2015. Annual Report and Financial Statements 2015. Tesco, pp. 1-160.

Tesco Plc, 2008. Managing CR throughout the business. [Online] Available at: http://www.tesco.com/csr/downloads/pdf2.pdf [Accessed November 23, 2015].

Tesco Plc, 2004. Company Profile. Tesco, pp. 2-34.

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