Business Enterprise

TESCO HYPERMARKET CSR PROGRAMMES

1.     Reducing impact on the environment

         Tesco has made a commitment to consistently reduce the impact on the environment every year and one of the few programs they have conducted were changing their property carbon KPI’s (Key Performance Indicator). They have significantly reduced their percentage of carbon used in 2013 as compared to previous years. This enables them to save more carbon used in the market and also promotes efficient use of their capital as they get the most carbon savings for each buck they spend. This information was referenced from the link followed http://www.tescoplc.com/assets/files/cms/Resources/Changes_to_our_Property_Carbon_KPIs_02052013.pdf

2.      Water strategy

           Tesco also takes water management very seriously. They try to contribute as much to the environment and hence they strive towards saving water as much as possible every year as it is one of the world’s resources that is depleting rapidly. They respond very quickly towards water consumption and water wastage and believe that the benefit lies in longer term control over water costs. Their workers are also trained to control their water usage within the industry to reduce water consumption. Information referenced from the link followed https://www.2degreesnetwork.com/groups/2degrees-community/resources/tesco-highlights-efficiencies-worth-over-360000-with-water-management-reporting/

3.     Recycling

  

        Same goes to all companies, Tesco also practices on recycling wasted/used materials. They even offer to collect wasted materials from consumers such as mobile phones, batteries and printer cartridges. 90 million handsets are going to landfill every year and Tesco believes on recycling them so they do not go to waste or further pollute the environment.  They always make sure that most of the handsets are received and recycled in line with the EU regulations. Information was referenced from the link followed http://www.tescoplc.com/assets/files/cms/Resources/Recycling_22052013.pdf

            BUSINESS SUSTAINABILITY

a)     What are the facilities provided by the company to their consumers?

         Tesco Hypermarket offers its consumers trolleys that enables them to easily shop for the materials they need and not get tired by holding them by hands. Not only that, they provide free parking spaces for those who shop around the market for less than an hour. Since Tesco’s really participative on assisting to create a better environment, they provide their consumers biodegradable plastic bags to hold the items bought. Some consumers prefer to buy their items in bulk as it would be cheaper in a long run and Tesco accepts both cash and credit cards for payment. This makes it very convenient for the consumers to pay for their items. As on the website shown, Tesco delivers goods to their customers directly by paying online with their credit cards. http://www.tesco.com/

Biodegradable plastic bags : 

b)    The types of businesses that the company is currently involved in.

            Companies like Tesco are also involved in businesses such as transportation. Most of their products are bought online hence they need to have transportation businesses deliver their products for them. Not only that, laundry businesses are also included as they have to keep their products as clean as possible otherwise consumers may complain and Tesco’s reputation may have a downfall. Not to mention advertisement businesses, who would help promote their products through social media. This would definitely play a major role for Tesco as it would increase their sales as more and more consumers are informed about their products.

        

c)     Under the PEST analysis, students are to analyse only Social and Technological factors of the company.

1.      Social Factors

         One of Tesco’s social factors is providing safety needs by employing trained security guards everywhere around who are aware of any problems that might cause inconvenience to the people around.  They also  have security cameras installed within the market which would alert any of the employees if there is any trouble in the area. Tesco also considers the fact that their consumers of their products may be of any age. In other words, they take age distribution very seriously. Their products come in a large variety and meets to the satisfaction of the consumers of any age. Employees there are also well trained to be mannered and also helpful towards consumers who have trouble searching for the things they need. Last but not least, their products have been examined to be very nutritious and also promotes health benefits to its consumers. These information was referenced from the links followed. Including pictures. 

2.      Technological

           Tesco has always been improving its technology to provide better services for its consumers and also for its own benefit for further efficiency. For example, the devices they use such as the computers are highly developed, making it convenient for the user and also makes work much more efficient during payment. Another technological factor would be barriers of entry. Since Tesco is a really large firm and may be known as a monopoly in the market, there would be higher barriers of entry for other small firms to be born. Technology shifts can also affect costs, quality and innovation. Just like most firms, Tesco focuses on innovation to further sustain its business. This information was collected from the link http://innovationleaders.org/tes_company_profile.html

D)  Recommend one way for the business chosen to achieve sustainability

    I would definitely recommend innovation for Tesco to achieve sustainability because first off, innovation would mean implementing new ways to improve their products or other factors that might further attract consumers. This means that the company would not only be limited to their current resources but expanding their capabilities towards new potential marketable ideas. Consumers would also have new choices of products once in a while when they shop at Tesco. Innovation is what helps companies and businesses keep up to the society’s needs and wants to this day and age. Innovation not only improves productivity but also quality efficiency and market share and It would definitely help Tesco achieve sustainability in its business with its further investments by investors who see potential in them.