Make a Justified Conclusion About Whether It Would Be a Good Idea to Proceed or Not (D1)
Distinction 1:
Going Online: The benefits and drawbacks of Tesco PLC:
Tesco is a public limited company, is clearly that Tesco is a successful business; it is in the third place in the rank of largest retailer in the world. Tesco still want to achieve their aims and objective to keep growing and investing in their business.
Tesco, made easier to achieve their aims and objectives when they decide to operate their business also online. Using the virtual world the Tesco’s customer can do shopping, insurances, and use all services that they offer using the computer.
The Benefits that they have is that they increase the profit, because more people nowadays prefer to buy online than go out for shopping, and they also meet the customers need building a good reputation.
The drawbacks that they may face is that someone are not used to use the online service, and sometimes If they do any mistake the customer will be unhappy, and the mistakes are normal on the online world, sometimes can be a computer fault or a human mistake.
But doesn’t matter the problems that a business may experience when they operate online, is always a good opportunity to have business online, because online the business will be available for the whole world, and a different public will be available to find your business, increasing the possibility to attract new customer and increasing the number of sales.
Distinction 2:
Dealing with the operational risks: Risks | Possible solution | Cost for that | Payment security: The business can victim of Card Not Present, fraud when someone is using stolen card to buy goods online. | Have the SSL (Secure Sockets layer) encrypts the information in a browser, such as internet Explore. This protects the buyer who sees a locked padlock symbol. The SSL guarantee the security for the customer because they know that all their personal information will be kept safety. | The price depends of the package that you may choose, the highest price
Going Online: The benefits and drawbacks of Tesco PLC:
Tesco is a public limited company, is clearly that Tesco is a successful business; it is in the third place in the rank of largest retailer in the world. Tesco still want to achieve their aims and objective to keep growing and investing in their business.
Tesco, made easier to achieve their aims and objectives when they decide to operate their business also online. Using the virtual world the Tesco’s customer can do shopping, insurances, and use all services that they offer using the computer.
The Benefits that they have is that they increase the profit, because more people nowadays prefer to buy online than go out for shopping, and they also meet the customers need building a good reputation.
The drawbacks that they may face is that someone are not used to use the online service, and sometimes If they do any mistake the customer will be unhappy, and the mistakes are normal on the online world, sometimes can be a computer fault or a human mistake.
But doesn’t matter the problems that a business may experience when they operate online, is always a good opportunity to have business online, because online the business will be available for the whole world, and a different public will be available to find your business, increasing the possibility to attract new customer and increasing the number of sales.
Distinction 2:
Dealing with the operational risks: Risks | Possible solution | Cost for that | Payment security: The business can victim of Card Not Present, fraud when someone is using stolen card to buy goods online. | Have the SSL (Secure Sockets layer) encrypts the information in a browser, such as internet Explore. This protects the buyer who sees a locked padlock symbol. The SSL guarantee the security for the customer because they know that all their personal information will be kept safety. | The price depends of the package that you may choose, the highest price