Topic
Effectiveness of cost leadership strategy in British supermarket industry – the case of TESCO
Instructions
Write a Dissertation paper on the effectiveness of cost leadership strategy in the British supermarket industry – the case of TESCO
Answer Preview
Given that the subject of competitive advantage is a broad subject for this study, the best approach to research is identifying an organization and analyzing a particular strategy to explore its effectiveness. Accordingly, Tesco is one of the leading retailers in the UK with a history of adopting cost advantage as a strategy of maintaining a strong competitive advantage. Tesco operates in a competitive environment with major actors as Sainsbury and ASDA (The Week, 2017). To lessen the pressure from the competition, Tesco maintains a vast range of low-cost and still commands a significant share of the market. Based on these aspects, this study focuses on the case of Tesco and its cost-leadership as a strategy for competitive advantage.
Aim and Importance of the study
The aim of this study is to provide a comprehensive analysis of Tesco’s cost-leadership strategy and its effectiveness to help Tesco compete in the highly competitive retail industry. The relevance of this study includes explicating the strengths and weaknesses of cost leadership as applied in Tesco’s competitive strategy. The findings of this study can help actors in the retail industry to exploit opportunities associated with cost leadership.
Word Count: 3600