Three Year Financial Performance Of Tesco Plc

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AN EVALUATION OF THE BUSINESS AND FINANCIAL PERFORMANCE OF TESCO PLC BETWEEN 1ST MAY 2007 AND 30TH APRIL 2010 A RESEARCH AND ANALYSIS PROJECT FOR THE B.sc. (HONS) IN APPLIED ACCOUNTING TABLE OF CONTENTS PART A 1. Reasons for choosing the project topic 2. Project objectives and research questions 3. Research approach PART 2 INFORMATION GATHERING AND BUSINESS AND ACCOUNTING TECHNIQUES 1. Sources of information used in the research report 2. Description of methods applied in collecting information 3. Limitations of my information gathering methods 4. Ethical issues encountered during the information gathering and how they were resolved 5. A description of accounting, business and other methodologies utilized and their limitations PART 3 RESULTS, ANALYSIS, CONCLUSIONS AND RECOMMENDATIONS A description of results obtained and the limitations thereof 1. Critical analysis and evaluation of results of significant findings. 2. Conclusions about research findings and how well project objectives and research questions have been achieved. 3. Appropriate recommendations on specific courses of action to indentified individuals within Tesco PLC. PART 1 PROJECT OBJECTIVES AND OVERALL APPROACH Tesco Plc is one of the largest global retailers, operating more than 4,331 supermarkets and convenience stores and employing more than 470,000 people. Tesco’s core business is in Britain with a 30.1% market share, where the company ranks as the largest private sector employer in the United Kingdom, and the largest food retailer. In mainland Europe, Tesco operates in the Czech Republic, Hungary, Poland, the Republic of Ireland, Slovakia, and Turkey. In Asia, Tesco’s operates in Japan, Malaysia, South Korea, Taiwan, Thailand, India and China. Through Its e-business, Tesco .com, the company ranks as the largest online

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