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Contents
Introduction
Nowadays, business can be characterized as international because of the continuous quick development of markets. It is a fact that markets have become truly competitive by providing many goods and services.
International business refers to any kind of business activities that take place across national borders. This definition takes into account both the very small and the very large global company. Also, we should mention that international firms, in comparison to domestic, operate in an environment that it is highly competitive and uncertain and the rules change, depending on the circumstances.
Important part of international business environment is national culture which reflects the beliefs, values and norms that a nation share. Usually, those beliefs and norms refer to history, religion, language, geographic location and government that a society has. Additionally, national culture influences the corporate governance, internal organization and business strategies of international companies.
The aim of this assignment is to analyse the internal organization of Tesco in United Kingdom and in China and to illustrate how culture and institutions influence the environment of this firm.
Company Description of Tesco
Tesco PLC is an international retailer and the largest grocery chain in UK with 470,000 employees and 4,331 stores worldwide. Also, it operates in fourteen markets globally and provides a large amount of food products and non- food products as well as retail services.
History of Tesco
The first Tesco Company founded by Jack Cohen in 1932 in
References: Nowadays, the continuous quick development of international business can be thought as one of the most important trends that appeared in business environment. What is the quality of the above essay? Read more: http://www.ukessays.co.uk/essays/management/internal-organization-of-tesco.php#ixzz2QuFlBclq