Define and Estimate the FX exposure of Tesco.

Use every resource available on tesco to answer the following question
1. Define and Estimate the FX exposure of Tesco. Include operating exposure and transaction exposure (example of a typical transaction).
2. Define and estimate any commodity exposure of Tesco.
3. Should your firm hedge?
4. What methods (operational and/or financial) should be employed?
5. Provide examples or scenarios for both tranaction and operating exposure.
6. Discuss any translation issues regarding your chosen company.

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