INTRODUCTION Task 1 The main classification of businesses is into the primary‚ secondary‚ tertiary sectors. I have chosen 5 Businesses which are: 1. eBay 2. ASDA 3. Beekeeping 4. Oxfam 5. Potter Primary:- Extraction or collection of raw material natural Resources e.g. Coal mining‚ oil rigs‚ farming‚ fishery‚ forestry mining. Secondary:- Manufacturing and construction taking things this may be from raw materials of other manufactures Tertiary sectors:- Service industries
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ⅠCompany Introduction & Background Marks and Spencer is one of the UK ’s leading retailers. It has four operating divisions‚ UK retail‚ international retail‚ financial services and ventures. UK retail is further divided into women ’s wear‚ menswear‚ lingerie; children ’s wear‚ home‚ beauty and food. It is the largest clothing retailer in the UK by turnover. Sir Richard Green Bury was the chairman and chief-executive of the British retailing giant Marks and Spencer from 1988 to 1999
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There are mainly five key players in the supermarket industry- Tesco‚ Asda‚ Sainbury‚ Safeway and Morrisons (ChinaCCM). Thus‚ the supermarket industry in the UK could be described as an Oligopoly Market. Oligopolies lie between the definitions of perfect competition and pure monopoly. Firstly‚ there are several sellers but only a few big companies who have a large market share in the industry. In the UK‚ the five big supermarkets totally have 3/4th of the market share (123help me! com). Secondly
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Wal-Mart in Europe Table of Contents Executive Summary 2 Wal-Mart Background 2 Wal-Mart’s Culture 2 Wal-Mart’s Strategy 3 Problems/Criticism faced by Wal-Mart 3 Wal-Mart in Germany 4 Key Issue: Wal-Mart’s Failure in Germany 4 Situation Analysis 5 Porter’s 5 Forces Model 5 Wal-Mart: Germany vs. Britain 6 Challenges in Germany 7 Evaluation of Alternatives 10 Recommendations 10 Executive Summary The world economy has undergone a drastic revolution in the last three
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affordable so customers buy from them instead of other monopolies like Asda or Sainsbury’s. For example a packet of juicy apples are sold for 1.12 and in Sainsbury’s it’s sold for 1.43. See the difference? They aim for all standards consumers that have different value of income like having Tesco cheap value for those consumers who cannot afford other values. B- If Tesco didn’t have competition with other big supermarkets like Asda and Sainsbury’s‚ Tesco would control supply markets which means they
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Task 1: Annotated bibliography: Leroux M. Food Retail Sector Overview. (The Times) Available from: http://www.lloydsbankwholesale.com/insight-and-ideas/food/sector-overview/ [Accessed 25th October 2012] This article is an item from an online newspaper. It was written by M. Leroux‚ In this article Leroux provides samples of supermarkets such as‚ Tesco’s‚ Sainsbury’s‚ Asda’s and Morrison’s that have matured‚ inspired and bought confidence to the corporate market. These 4 businesses regulate more
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Film is a different medium through which to convey historical experiences of war and its social and cultural contexts. As learned throughout class‚ memoirs and non-fiction portrayals of war are excellent sources in which to learn of war and its effects on society and vice versa. Film‚ however‚ is no better or worse than these books. Throughout the semester‚ the class learned of the development of modern warfare since the Civil War in the late nineteenth century and the society that surrounded these
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most extensive rewards program. When Justin King took over as Sainsbury’s CEO in 2004‚ he was faced with the decision of whether Sainsbury’s participation in the Nectar loyalty program was worth its annual $120‚000‚000+ budget. King came over from ASDA‚ Sainsbury’s lower-cost competitor‚ where there was no loyalty program and the savings were applied directly to lower the product prices. King had 6 months to review the Sainsbury’s marketing strategy and to decide whether the company was going to
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consumer society? What makes a supermarket powerful? The obvious answer to this would be in the name “super” which indicates size‚ not individual store size but how many stores across the country‚ which means supermarkets such as Tesco‚ Sainsbury’s and Asda can dominate the market place. A supermarkets size matters in this sense because they have both market power and buyer power. Market Power is the power to influence market conditions‚ including price‚ independently of competitors‚ they can do this
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BUSINESS ENVIRONMENT TASK 1 AND TASK 2 a)Identify the purpose of different organisation giving examples(AC1.1) Sole trader-it’s a business that is owned by only one person and it can have one or more employees. This type of business organization often succeeds because the owner has total control of businees‚ the owner keeps all profit and it’s cheap to start-up‚but also it can be difficult to raise financial‚it may be difficult to specialise or enjoy economies of scale and can also have problems
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