Introduction In this assignment I have been asked to explain how functional areas contribute to fulfil the organizations aims and objectives. I will have to relate this task to two organizations. My two chosen companies are ASDA and Tesco. First I will describe what aims‚ objectives and functional areas are. I will then describe four functional areas. Finally I will set two targets for each company and describe how functional areas contribute to achieve these two objectives. Definition of: Aims
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P1 – Describe the purpose and ownership of GSK and Tesco as two different types of businesses. GlaxoSmithKline(GSK) are a science-led global healthcare company‚ that researches a range of medicines and brands which are used by millions of people around the world. They started up on 1 January 2001 following the merger of GlaxoWellcome plc and SmithKline Beecham plc In 1865 Mahlon Kline joins Smith and they start to work together to start the business. GSK have 3 primary areas of business in pharmaceuticals
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economic environment‚ with a strong international performance largely offset by a reduction in UK profits. Whilst the year gave us many things to be proud of‚ overall it was not the most pleasing performance. My team and I are resolved to get Tesco back to winning‚ particularly at home. Group sales increased by 7.4% to £72 billion‚ while Group trading profit was up 1.3% on last year and underlying profit before tax rose to £3.9 billion‚ an increase of 1.6%. Group capital expenditure in the
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United Kingdom has been dominated in the last ten years by large chain Supermarkets. There has been a fight for supremacy between the likes of J. Sainsbury‚ Tesco‚ Marks and Spencer‚ Asda‚ and further south‚ Waitrose. Around ten years ago‚ Sainsbury ’s used to have the top spot but their loyal shoppers started turning their heads towards Tesco and better value for money later on in the nineties. I will analyse the United Kingdom ’s grocery industry‚ involving a P.E.S.T. analysis‚ which is a way
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Contents Page 3.........................................................Executive Summary Page 4.........................................................Introduction Page 4.........................................................History of Food Retailing Page 6.........................................................Analysis of Present Market Page 7..........................................................Key PEST Factors Page 9..............................................
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significant impact on the retailing sector‚ with 504‚800 retail outlets in 1971 reducing down to 320‚000 units by 1995 (the fastest rate of decline occurred from 1980 onwards). As Figure 14.1 demonstrates the market share of the four largest grocers of Tesco‚ Sainsbury‚ Asda and Safeway rose from just over 35 per cent in 1990 to almost 42 per cent in 1996. This increases to 58 per cent for the nine largest supermarket chains. They had over 63 million square feet of retail space and almost £50 billion of
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案例三：沃尔玛(Wal-Mart)SWOT分析 优势Strengths. • 沃尔玛是著名的零售业品牌，它以物美价廉、货物繁多和一站式购物而闻名。 • 沃尔玛的销售额在近年内有明显增长‚并且在全球化的范围内进行扩张.(例如‚它收购了英国的零售商ASDA) • 沃尔玛的一个核心竞争力是由先进的信息技术所支持的国际化物流系统.例如‚ 在该系统支持下‚每一件商品在全国范围内的每一间卖场的运输、销售、储存等物流信息都可以清晰地看到。信息技术同时也加强了沃尔玛高效的采购过程。 • 沃尔玛的一个焦点战略是人力资源的开发和管理。优秀的人才是沃尔玛在商业上成功的关键因素，为此沃尔玛投入时间和金钱对优秀员工进行培训并建立忠诚度。 劣势Weaknesses • 沃尔玛建立了世界上最大的食品零售帝国。尽管它在信息技术上拥有优势，但因为其巨大的业务拓展，这可能导致对某些领域的控制力不够强。 • 因为沃尔玛的商品涵盖了服装、食品等多个部门，它可能在适应性上比起更加专注于某一领域的竞争对手存在劣势。 • 该公司是全球化的，但是目前只开拓了少数几个国家的市场。
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environment Tescos Political factors This could include government support‚ provide‚ enhancing skills of the working population of Tesco’s which may include training days or induction days if you have just been previously employed. The main factor could be government support which has to routes that it can go down. Direct support or indirect support which also includes the fiscal policy which is linked with taxes‚ vat and cooperation tax The level of taxation changing means that Tesco also have
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goods and services that supermarkets provide‚ and the prices at which they supply them‚ have been terribly successful. However‚ the growth and profitability of these companies – in particular‚ the four major chains‚ Asda‚ Morrisons‚ Sainsbury’s and Tesco – has been controversial. Many critics have argued that the supermarkets have exploited their dominant market position in a way that is contrary to the public interest. The principal responsibility for enforcing competition law lies with the two
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distributed in the topic BMAIE001AZ2012/3 Managing Finance Agyei-Boapeah‚ H (2012). Working Capital Management 2. Lecture notes distributed in the topic BMAIE001AZ2012/3 Managing Finance Websites BBC News (2004) Sainsbury Loses Out To Rivals BBC News (2012) Tesco Market Share Dips Below 30%. [ONLINE] Available at: http:// www.bbc.co.uk/news/business-16817254 [Accessed: 18 October 2012]. BBC News (2008) Thousands Stranded By XL Collapse. [ONLINE] Available at: http:// news.bbc.co.uk/1/hi/7611639.stm [Accessed:
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