bar chart on the left‚ it is apparent to see that there revenue has been increasing. 2008-2009; the period of recession saw a little increase in revenue. But revenue are at a peak this year with roughly 9750 million revenue. Sale growth has also shown an upward trend as shown on the graph (right). It highlights the growth of sales‚ and indicates a less steep rise during recession. In 2011‚ Growth in Food and Clothing was 31%‚ however in 2007 growth was 16.8% This pie chart shows the two
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Task 1 - Describe the distribution process through different channels from the manufacturer through to the customer for the following; an independent retailer and a multiple retailer. (P2) A channel of distribution is a network of organisations that‚ combined‚ perform all the functions required to link producers with consumers. Retailers need to offer right product at the right place at the right time. If the product that a consumer wants is not available then 31% of consumers will buy from a different
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introduced the concept of CRS‚ which is one of the key determinants for its success. CRS is responding to the needs of a company’s stakeholders‚ especially staff. In the late of 1940s‚ the Second World War collapsed. Britain went through a huge recession. A considerable number of people live in impoverished‚ the gap between different classes broadened. Some people showed their anger by ruining infrastructures and stores. The implement of CRS improved the condition of employers and established good
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The competitive environment Porter’s five forces 1. Threat of new entrants The UK grocery market is dominated by the three big players Tesco‚ Sainsbury’s and ASDA‚ of which Tesco has the most market share (29‚9%). Although the grocery environment is highly competitive it was possible for the discounter ALDI and LIDL to enter the market as new entrants. Based on the fact that they are one of the key players in Germany‚ they were able to invest high capital in the UK. Nowadays ALDI achieved a growth
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GET INSIDE THE LIVES OF YOUR CUSTOMERS In the article „Get inside the lives of your customers" the author Patrica B. Seybold is talking about Customer Scenario Design methodology‚ which helps companies to determine what their customers want from them and how to deliver it. She says that many companies have quite narrow viewpoints‚ focusing on fine-tuning their own offerings that they have failed to see how those products or services fit into the „real lives” of their customers. By this way companies
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Tesco – Speech Som PR assistent hos Tesco du er blevet bedt om at holde en tale til business-studerende ved London School of Economics. I din tale skal du komme ind på nogle af Tescos aktuelle problemer og kommentere på selskabets bestræbelser på at løse dem tage og med ændringer i forbrugernes adfærd i betragtning. Good evening ladies and gentlemen. I am a speech virgin so bare with me. Tesco. Thank you for chairing this event to night. And thank you to everyone for your help and advice on the
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roles of both internal and external stakeholders in the selected business and show how their objectives and expectations have changed over time. What is a Stakeholder? A stakeholder is someone who is interested in a company or business‚ e.g. Tesco; they can either be an internal or external customer to the business. They may also be affected in a situation that happens to the company because they them selves may of given and invested money into the company or may just be interested in it and
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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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Assignment 2 - P2‚ M1‚ D1 Who has a say in the activity of a business? For this section of the assignment you need to: Define what a stakeholder is Carry out a stakeholder analysis to identify the stakeholders in each business Describe each stakeholder Explain what they are hoping to achieve and how they try to influence the activities of the organisation Highlight how there could be a conflict of interest‚ links or interdependencies between stakeholders Who is the most powerful stakeholder
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Midlands. Hetherington (2009 Chapter 1 Page.15 Figure 2) displays a picture of Hetherington High Street. It looks like a run-down part of the high street that has a charity shop and second hand shops. Further down the down there is a newly opened Tesco Express. A mile or two further there is an Asda and Sainsburys. Larger supermarkets here have brought in larger consumption and this takes us nicely into Chapter 2. Allen el at (2009) discusses in Chapter two how supermarkets have changed the way
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