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Stakeholder Statement and a PEST Analysis
By Lewis Appleton, Jonathan Thornton, Sam, Rawan and Geraldina
Introduction:
In this presentation we will be answering:
“What stakeholders should it consider when making its business decisions and how should it rank them?”
“What are the political, economic, social and technological factors that are vital for the business to consider and key to its future success?”
Tesco – Stakeholders:
1. Customers 2. Employees3. Shareholders 4. Suppliers5. Community (CSR)6. Government 7. Experts
Maximize profit Employees Customers
Production cost Suppliers
Reduce tax Government
Political FactorsAffecting Tesco: Regulations - Accounting Taxation – Bags Tax Country Stability - Government Government Support - Jobs
Economical FactorsAffecting Tesco:
Inflation rates - Value of items Supply and Demand - Seasonal Market Share - Competition Substitute products - Cheaper
Social FactorsAffecting Tesco: Education - Workforce Health - Nutrition Buying habits – Clubcard
Technological FactorsAffecting Tesco: Internet - Online Shopping Computers – Self Checkout Debit Cards – Contact-less Social Media – PR/Advertising Future Technology
Future Research:
2011 2012 2013 20140%
5%
10%
15%
20%
25%
30%
35%
40%
2011; 35% 2012; 34% 2013; 36% 2014; 36%
Clubcard extra product purchases
Year
Club
card
Pro
duct
Pur
chas
e Pe
rcen
tage
Source: http://www.statista.com/statistics/323553/consumer-reaction-to-long-term-customer-reward-schemes-in-the-united-kingdom-uk/Source: http://research-methodology.net/grocery-e-shopping-competition-analysis-in-the-uk/
Tesco36%
Asda31%
Sainsbury13%
Ocado9%
Marks and Spencer6%
Iceland3% Waitrose
2%
Supermarket Market Share (UK)
2010 2011 2012 2013 2014 20150
20000
40000
60000
80000
100000
120000
73,77779,934
86,61793,188
99,946106,074
Sales forecast for Tesco from 2010 to 2015 (in million euros)
Year
Sal
es in
milli
on e
uros
http://www.statista.com/statistics/240544/sales-forecast-for-tesco/
United Kingdom Asia Europe0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
43,579
10,217 9,245
Tesco's revenue worldwide in 2014/2015, by region (in million GBP)
Rev
enue
in m
illion
GB
P
http://www.statista.com/statistics/238678/tesco-plc-group-sales-by-region-2010-2011/
Conclusion:
Focus on Customers and employees.
Continue to develop club-card and computer systems.
In addition, it should focus on its UK market as this is where the majority of its revenue comes from.