Tesco International Business Strategy Essay Example | Topics and Well Written Essays - 3250 words

Tesco International Business Strategy - Essay ExampleFrom this news it is clear thatthe company operates in thirteen countries, however its main operations are located in the UK, where there are large format of hypermarkets. creation the leader in retail business is not a simple task, because the company should always think over improvement of its strategy over such strong rivals as Sainsbury PLC, the UK chain ofsupermarkets, Asda Stores Ltd, a British-based supermarketchain whichretailsfood, clothing andfinancial services and the chain of supermarkets Morrisons.This paper outlines thatTesco has avast structure for incarnate governance, which complies with the UK incorporate governance code. The effective get along with is considered the basis for good governance in any corporation. In Tesco, there are four committees that assist the work forthe board of directors and provide them with the support that is directed towards Tescos stakeholders. The sub-committees are chaired by t he CEOwith the main target to monitor each aspect ofthe business and arrange discussions of issues with the executives. The corporate governance section of Tescos annual report and financial statements contains a brief outline of the planning and control structure used across the company. It has a five year rolling plan with the categories of planned revenue and capital expenditure. Such data is used for forming the basis for the creation of similar plans for each of the dismantle group businesses.