Preview

Understanding the role of organisations

Powerful Essays
Open Document
Open Document
2497 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Understanding the role of organisations
Understanding the role of the organisation

Identify the organisation and give a brief description of it.

Tesco is a British multinational supermarket operating in over 12 different countries worldwide including republic of Ireland, turkey, Poland, Japan, china, and the US. and employing over 530,000 people. It was founded by Jack Cohen in 1919 in east end London and since then on has grown considerably becoming the third largest retailer in the world.

Describe the products/services of that organisation

Originally known for being a groceries store Tesco’s has expanded into other area’s including electrical, home ware, and even clothing. There are also many different services such as Tesco Bank, which provides insurance, loans, credit cards and mortgages. Other services such as mobile, and broadband. Five different stores home plus, express, metro, extra, superstore.

Identify the customers and define the needs.

Tesco’s aim to provide all customers with value for money products and to get lifetime loyalty to keep customers coming back to Tesco’s time after time.
Three areas that we know matter to many of our customers are: price and value; multichannel and convenience; and trust. (tescoplc.com). Tesco’s regularly ask their customers for their opinions via surveys, and a shopper’s thoughts panel to establish their needs. They want food that is value for money and at their convenience.

Tesco consumers cater for on average 51 % of the adult population from all socio-economic and age groups particularly performing well with families and 18-44 age groups.(designintelligence.co.uk). Offering Tesco own value products, frequent offers and savings on buying two instead of one etc. They also have Tesco’s finest for the more up market customers, and organic produce for the healthy customers.

Describe the purpose, goals, targets and financial structure of the organisation.

Tesco has changed their purpose in reflection to the huge change in our

You May Also Find These Documents Helpful

  • Powerful Essays

    TESCO's customers want a quality product they can buy for a reasonable price. They want these products to be of good standard because the customer is spending their money on the products. Customers want the money they spend on purchasing these products to be worth it and that the quality they receive from the amount they have paid to be of a good standard.…

    • 851 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Tesco is a British multinational grocery and general merchandise retailer, it has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in UK, where it has a market share of around 30%.…

    • 1541 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Tesco a private company and one of their objectives are to make profit. The purpose of Tesco is to sell products and services to the public to satisfy their needs and wants.…

    • 693 Words
    • 3 Pages
    Good Essays
  • Good Essays

    P1 Unit 13 Business

    • 941 Words
    • 4 Pages

    Tesco is based in 12 different countries which include China, Japan and Turkey and they employ people from the 12 countries they are based in. The main purpose of Tesco is to make what matters better and they also have other purposes which are to understand their customers and provide them with the best customer service they will ever experience.…

    • 941 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Tesco is a PLC and it is a global business, it is a supermarket which gives products and service. Tesco is the third largest retailer in world measured by revenues and second largest measured by profits. This is a British supermarket which started in 1919. Tesco is owned by shareholders and anyone could buy shares into the business, the share price is £341.41p. Tesco is divided in to five different formats, differentiated by size and what sort of products sold. Tesco is divided into Tesco extra, Tesco metro, Tesco express, Tesco petrol station and Tesco superstore. Tesco has 6351 stores in total.…

    • 2892 Words
    • 12 Pages
    Better Essays
  • Powerful Essays

    Unit 3 P1 P2 P3

    • 3493 Words
    • 14 Pages

    Tesco is an international grocery and a general merchandising retailer in the United Kingdom. It’s the third largest retailer in the world and the second largest by profits. There are Tesco stores in fourteen countries in North America, Asia and Europe. Tesco are also known for being the grocery market leader in United Kingdom…

    • 3493 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Unit 1 P1 Tesco

    • 350 Words
    • 2 Pages

    Tesco is a food store, which also provides clothes, toys, toiletries, insurance etc. The main exports in Tesco are food and drink. Tesco’s purposes are to make something, sell something and provide a service to the public. Tesco make products to sell to make a profit but also they provide a service to the public because then people can buy their daily essentials from them and can also go on insurance with them to insure things that they care about.…

    • 350 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Tesco Coursework

    • 11594 Words
    • 47 Pages

    Tesco is well known for its ‘Every Little Helps’ philosophy and apart from wanting to make a profit, it aims to provide prices…

    • 11594 Words
    • 47 Pages
    Better Essays
  • Satisfactory Essays

    unit 1

    • 318 Words
    • 2 Pages

    The purpose of this business (Tesco) is to provide the public with quality food and groceries as well as making money and being the number retailing company out of 3 (Tesco, Sainsbury’s, Asda ).…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Tesco has a club card point service, so the more you spend the more rewards you receive. This keeps customers coming in so they so not waste points they could have got at Tesco if they shopped at Asda.…

    • 1188 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Tesco PLC (Public Limited Company) is a food retail company which operates in nine markets with 923 stores across the world. It employs more over 240,000 people which sell its products giving access to 260 million people (Tesco PLC., 2014). Over the past five years, Tesco has expanded from the UK’s supermarkets into new countries with new products and services including a major non-food business. More specifically, the company has started to sell electrical devices, internet shopping, toys, sports equipment, home entertainment, home shop, cook shop and furniture. Also it provides financial services in cooperation with Royal Bank of Scotland serving 3.4 million customers which reveals the company’s intentions to expand in new markets.…

    • 2657 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Unit 4 P4 Small Business

    • 3701 Words
    • 15 Pages

    Tesco also provide the same products to the customers but at a lower and cheaper price attracting more. Moreover they have a massive product portfolio giving the customers more of a chose. Furthermore they attract to all ages from young children to seniors.…

    • 3701 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Tesco plc is a global grocery and general merchandising retailer headquartered in Cheshunt, United Kingdom. Tesco is the fourth-largest retailer in the world measured by revenues, after Wal-Mart, Carrefour and Metro. The second-largest measured by profits after Wal-Mart. It has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in the UK (where it has a market share of around 30%), Malaysia and Thailand.…

    • 4202 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Stakeholders of Tesco

    • 495 Words
    • 2 Pages

    The customers want Tesco to produce high-quality products and goods and services which have good value for their money. The customers interest in Tesco is to see improvements that give them better goods and services which are value for their money.…

    • 495 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Introduction to Tesco

    • 259 Words
    • 2 Pages

    Tesco is the largest British retailer and is also world’s third largest retailer with outlets across Europe, USA and Asia. They come with one purpose which is creating value for money to earn customers’ life loyalty. The business began in 1919, one man named Jack Cohen selling groceries from a stall in the East end of London. He bought surplus stocks of tea from T.E.Stockwell. This company and Cohen combined their names to brand the tea Cohen originally sold- TESCO tea. In 1929, the first Tesco opened in north London.…

    • 259 Words
    • 2 Pages
    Satisfactory Essays