Economics
CSULA Tesco Comapany PMP Economics and Finance & PESTLE Analysis Essay

Question Description

I’m studying and need help with a Economics question to help me learn.

Write about Tesco as the main company and compare it with Sainsburys. you must write about the ratios and work them out. Also show how you found or came up with them on the appendix. (use ratios that are written on the paper and outline), and then PESTLE analysis. The stakeholder analysis needs to be specific about Tesco and include some of them on the appendix as well to support the report! Please have a look at the outline, and the marking scheme for the report, and make sure it meets all the requirements accurately.

The paper should contain at least 2500 and the appendix does not go towards the word count

attached is my outline in addition to the marking scheme

format is APA 6th edition

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Attached.

OUTLINE
1. Introduction
2. Body
3. Conclusion
4. Reference


Running head: STRATEGIC MANAGEMENT

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Strategic Management: Creating Competitive Advantages
Name
Institutional Affiliation
Instructor

STRATEGIC MANAGEMENT

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Strategic Management: Creating Competitive Advantages
Q1. Critically analyze and discuss the key forces in the general and industry environments
that affect Ford’s choice of strategies.
The fundamental forces in the general environment that affect Ford’s selection of
strategies include social, technological, economic, and political forces (Helmut, Susanne and
Uwe, 2009). Besides, the primary effects in the industry environment that impacts Ford’s
strategic choices include the threat of new entrants, rivalry among the available competitors,
threat of substitutes, the bargaining power of suppliers in addition to the bargaining power of the
buyers.
General environment
Political forces
The political forces regarding Ford’s global situation involve the government’s new
policies. The presence of the new governance policies impacts the organization’s choice of
strategies based on the latest standards set by the legal and transportation team. The
government’s new policy has ensured the creation of new federal gas mileage standards that
should be considered by the Ford Company before producing its automobiles. The rule regarding
gas mileage was set in 2016 to be 25 miles to 35.5 miles per gallon; therefore, Ford must choose
a strategy that conforms to the new safety standards (Uphill and Kevin, 2016). The political
forces have also resulted in new pollution control policies that require Ford to produce ecofriendly automobiles. The government has also discouraged fully automating operations for the
company to provide more jobs for the local people. Therefore, the fluctuating political policies
have impacted Ford’s choice of strategies to enhance its business operations.
Economic forces

STRATEGIC MANAGEMENT

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Economic forces also affect Ford’s selection of strategies. The global financial downturn
and economic crisis which occurred in 2008 have resulted in several challenges that impact the
company selection of plans to enable full business operations (Helmut, Susanne and Uwe, 2009).
The financial crisis and downturn have weakened the global economy, created volatile economic
markets, and led to a lack of liquidity within the market. Therefore, Ford cannot effectively make
a strategic selection that depends on a stable economy to succeed due to the financial challenge
that can occur within the market.
Social forces
The social forces affecting Ford’s selection of strategies are based on the pollution
aspects and oil price increase. The increase in oil prices and the rising pollution cases within the
atmosphere can result in a shift in customer’s car-buying habits (Uphill and Kevin, 2016). Ford
must, therefore, dominant its automobile production approach on fuel-efficient models to
maintain consumer’s car-purchasing patterns.
Technological forces
The technological forces can also affect Ford’s choice of strategies. The current
automobile markets require Ford to manufacture cars with intelligence systems. The special
effect, therefore, involves the manufacturing of fuel-efficient models and electro-cars (Steven,
Kristine and Arvin, 2019). Ford should consequently consider a strategy that can critically
support the intelligence systems inclusion to ensure its products conforms to the electro-car
system and are fuel-efficient models.
Industry environment forces
Rivalry among the existing competitors

STRATEGIC MANAGEMENT

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There is an extremely intense rival...

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