Strategic Financial Management (AF4S31-V2)_Jason Brown_Final.docx - UNIVERSITY OF SOUTH WALES Strategic Financial Management(AF4S31-V2 TESCO and

Strategic Financial Management (AF4S31-V2)_Jason Brown_Final.docx

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UNIVERSITY OF SOUTH WALESStrategic Financial Management (AF4S31-V2)TESCO and Benedict Co:Strategic and Financial Positioning AnalysesAssessment OneJason Brown R1703D2525165September 30, 2018
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Table of ContentsINTRODUCTION....................................................................................................................................................................3ANALYSIS...............................................................................................................................................................................42A. TESCO.........................................................................................................................................................................4Stakeholder...................................................................................................................................................................4Corporate Social Responsibility....................................................................................................................................52B. BENEDICT CO............................................................................................................................................................103. CONCLUSION..................................................................................................................................................................114. Reference........................................................................................................................................................................12Appendix............................................................................................................................................................................13Jason BrownPage 2of 13
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INTRODUCTIONThis paper seeks to discuss the Strategic and Financial positioning of Tesco Ltd. and Benedict Corespectively. Tesco, an establish Food Store based in the UK with stores across twelve countries,has identified key stakeholders who play an integral role in maintaining Corporate SocialResponsibility. This is achieved by review its impact on the environment and society on a whole aswell as corporate governance. In 1995, Tesco was losing market share and had to rethink its strategy in order to remain viable. Thefollowing three point solution was proposed to respond to this decline. 1. Stop imitating competitorsand develop its strategy, 2. Listen to customer’s feedback and apply recommendation at all levels, 3.Offer good and services with high customer value and less of Tesco’s interest and ability(Ecommerce-digest, n.d). At the centre of implementing these solutions are Tesco’s Stakeholders.The success could only be achieved if there was support from all stakeholders who had an integralpart to play. Secondly this paper will analyse Benedict Co’s financial positioning to ascertain if key stakeholderssuch as Suppliers, Lenders, Investors, and Customers are satisfied. Jason BrownPage 3of 13
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ANALYSIS2A. TESCOStakeholderAccording to Landau, 2017 a stakeholder is an individual, group or organization that has a stake ina business. Usually these people have special interest in the success of the company and therebyinvest time and resources to ensure that this takes place. Internal stakeholders include themanagement team, line team members, office administrators and others. On the other hand, externalstakeholders could include suppliers, investors, community groups and government organizations.Customers are considered stakeholders as well. Some researchers provide a relatively limitedopinion to corporate reputation as a result of interaction between stakeholders and organization.However (Roberts & Dowling, 2002; Helm, 2007; Puncheva, 2008; Omar, 2009; Siano et al., 2010;Peloza et al., 2012) has established that corporate reputation is as a result of interaction betweenstakeholders and organization. (Capriotti, 2009) states that corporate reputation depends on howstakeholders value the organization and supports it (Matuleviciene and Stravinskiene, 2015).Having established the aforementioned, it is important to note that stakeholders can have a positiveor negative influence on the company. Thus, it is necessary to evaluate if these individuals, groupsor organisations are affected by, and can affect Tesco.’According to Tesco Corporate, (2010), Tesco mainly operates with following stakeholders: Customers: Customer Question Time meetings are precious to Tesco. Staff is able to hear concerns
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