Managing Financial principles and Techniques
Name :
Subject : Developing corporate culture
1. INTRODUCTION TO TESCO:
Tesco is one of the largest retail companies in United Kingdom. The main headquarter of the company is in Chesnutt, but it has many stores operating around the country. The stores are operating almost in all cities including Birmingham, Manchester and London. It has three types of stores operating, involves Tesco extra (open 24 hours), Tesco metro (operates in town centres), and Tesco Express (attached garages), and superstore where the large varieties of non food item are available, such as DVD’s and books.
The main activity of Tesco is retailing. It sells almost all the things including non food and food items. Some of the actions involved are manufacturing. The types of stores are directed for different type of customers for example Tesco extra is for those customers who prefers to shop in night because of the work or other activities, Tesco metro is for those who gives priority to shop in their town centre, and Tesco express is for those customers to needs just a pint of milk and not many items and who don’t give priority to go for shop in their town centre.
2. PART 1:
2.1 CORPORATE CULTURE :
With the passage of time organisations established themselves in an expected behavioural pattern which is part of culture. The types of organisational culture are as follows.
1. Power culture: the culture dependant of one authority of one or short number of individuals in an organisation. They are the key decision makers of organisation. This culture usually exists in small business and part of a large business.
2. Role culture: this type of culture exists in large hierarchal companies where the job is cleared to every individual which are strictly specific. Individual are asked to work in according to the description, and tend to follow the company’s rules and regulations instead of operating in a creative way.
3. Task
Subject : Developing corporate culture
1. INTRODUCTION TO TESCO:
Tesco is one of the largest retail companies in United Kingdom. The main headquarter of the company is in Chesnutt, but it has many stores operating around the country. The stores are operating almost in all cities including Birmingham, Manchester and London. It has three types of stores operating, involves Tesco extra (open 24 hours), Tesco metro (operates in town centres), and Tesco Express (attached garages), and superstore where the large varieties of non food item are available, such as DVD’s and books.
The main activity of Tesco is retailing. It sells almost all the things including non food and food items. Some of the actions involved are manufacturing. The types of stores are directed for different type of customers for example Tesco extra is for those customers who prefers to shop in night because of the work or other activities, Tesco metro is for those who gives priority to shop in their town centre, and Tesco express is for those customers to needs just a pint of milk and not many items and who don’t give priority to go for shop in their town centre.
2. PART 1:
2.1 CORPORATE CULTURE :
With the passage of time organisations established themselves in an expected behavioural pattern which is part of culture. The types of organisational culture are as follows.
1. Power culture: the culture dependant of one authority of one or short number of individuals in an organisation. They are the key decision makers of organisation. This culture usually exists in small business and part of a large business.
2. Role culture: this type of culture exists in large hierarchal companies where the job is cleared to every individual which are strictly specific. Individual are asked to work in according to the description, and tend to follow the company’s rules and regulations instead of operating in a creative way.
3. Task
References: 1. Hofstede G – Culture’s Consequences, 2nd Edition (Sage, 2001) ISBN 0803973233 2