Sunday, February 23, 2020
Leadership and Change Management Essay Example | Topics and Well Written Essays - 2250 words
Leadership and Change Management - Essay Example To overcome resistance to change, it is shown that Tescoââ¬â¢s management must ensure effective communication and education of employees on the proposed change. The final section focuses on the democratic leadership style as the most appropriate for change management at Tesco. It is thus considered that democratic leadership will see Tesco through a successful change process. The international presence of Tesco is still inadequate. To expand, Tesco will need heavy investment, which might increase the companyââ¬â¢s debt. Additionally, some of the countries that Tesco has expanded into may not be highly profitable. For instance, although Tesco expanded into Korea, the consumer spending of this country is low, hence this poses a high risk for Tesco. Opening stores in high risk areas jeopardises the financial health of the company (Tesco 2015). Before expanding, Tesco must evaluate its resources and the risk level of the host country. The industry in which Tesco operates is highly competitive, and this does not guarantee Tesco sustained profitability. The major competitors of Tesco include ASDA Group Ltd, Safeway Inc., ALDI Group, Somerfield, Sainsbury plc and Morrison among others (Appendix 1). These existing competitors challenge Tesco in different areas, including pricing, among others. Tesco must differentiate itself and adopt an effective business model in order to overcome competition. The Sainsbury reduced its prices by 6% while Safeway is focused on lowering its prices as a strategy to continue is recovery process. Similarly, Asda is committed to retaining price leadership in the industry. Tesco is also focused on price leadership, therefore, this implies that the industry experiences price war, and this might influence the profitability of the industry in an adverse manner (Data Monitor 2004). Tesco must adopt an effective pricing strategy to address the price war it is
Friday, February 7, 2020
Community Members Assignment Example | Topics and Well Written Essays - 250 words
Community Members - Assignment Example Department of Health and Human Services (2012) indicates that ââ¬Å"Philadelphia residents have higher rates of high blood pressure, diabetes, uninsurance, obesity, and tobacco use in comparison to the Southeastern Pennsylvania region as a whole.â⬠Interestingly, most of these problems that are faced by the people within the population are caused by environmental factors including population emanating from the poor use of vacant lands (Bushman, 2007). As far as health indicators are concerned, the leading health indicator in greatest need of application within the population would be said to be obesity among young men and women in Philadelphia as the city is fast becoming known as "Fattest American City" by Mens Fitness Magazine (2005). A corresponding health promotion initiative to address the issue would thus be one that centers on the eating habit of residents as majority of these residents are known to be involved in poor eating habits that put their health at risk (Calfee and Scheraga, 2012). Bushman, B.J. (2007). Effects of alcohol on human aggression: Validity of proposed explanations. In M. Galanter (Ed.), Recent developments in alcoholism: Volume 13. Alcohol and violence (pp. 227-243). New York, NY: Plenum Press. Calfee, J., & Scheraga, C. (2012). The influence of advertising on alcohol consumption: A literature review and an econometric analysis of four European nations. International Journal of Advertising, 13,
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