business strategy

business strategy

1.    Briefly explain why it is important to understand a company’s business strategy in evaluating its financial performance. Illustrate your answer with reference to Porter’s Five Forces model.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

2) Refer to the 2015 and 2014 annual reports of Tesco Plc – Financial Review pages 12-14, 2015 Annual Report and the performance highlighted in the 2014 ‘Tesco at a Glance’ section, 2014 Annual Report, page 3). Briefly outline the key changes in Tesco’s performance between 2014 and 2015.

____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________________________________

3) Refer to the 2015 and 2014 annual reports of Tesco Plc – Financial Review page 12-144, 2015 Annual Report and the performance highlighted in the 2014 ‘Tesco at a Glance’ section, 2014 Annual Report, page 3). Critically comment on how Tesco’s current business strategy compares with its 2015 performance, in particular that reported on pages 12-14 of its 2015 Annual Report, and the performance highlighted in its 2014 ‘Tesco at a Glance’ (see 2014 Annual Report. page 3).
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
__________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

4) What do you think about Tesco not reporting an identical, or very similar, format summary in its 2015 annual report like it did in its 2014 annual report (see 2014 ‘Tesco at a Glance’).
____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

find the cost of your paper