Unit 1: The Business Environment (Assignment 1) Tesco PLC: A Summary of the businesses activities and their major activities Tesco is the world’s widest retailers with operations in 14 different countries‚ Japan‚ India‚ United States‚ and Czech Republic. Employing over 492‚000 individuals and serving over millions of customers every week as well as they have a market share of 30%. Tesco have diversified into different markets for example retailing books‚ clothing‚ electronics‚ furniture and they
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10M Task one: 1. Tesco Purpose • Tesco is for a profit. Over 60% of group sales and profits came from the UK business. • Tesco sells items such as fresh food‚ groceries and clothing. (The clothing market is worth £33 billion alone) Ownership • Tesco is a Limited company-Public(PLC) • The decision’s are made by an elected board • There Executive Committee comprises the Tesco PLC Executive Directors and seven senior executives. • Tesco invests in an additional
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President Kennedy School “Using one of the selected organizations evaluate their marketing concepts and principles for given products‚ and provide some recommendations of how they could improve.” Distinction One PKS By Jade Warner-Oswin Tesco Tesco is a global organisation that is the UK’s top retailer‚ with over 6000 stores in 14 different countries; its marketing team is massive. Since the organisation began‚ its awareness and sales have rocketed due to the customer’s value for money so
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Strategic Management of TESCO supermarket: PESTEL analysis‚ Porter ’s 5 Forces analysis‚ Critical success factors‚ SWOT Analysis‚ VALUE CHAIN analysis‚ TESCO ’S strategic options‚ Core Competences & Cultural Web. IINTRODUCTION The food and drink retail sector represents the largest industry in the UK‚ providing employment for over three million people in primary production‚ manufacturing and retailing. In 2003 retail accounted for 9% of gross domestic product (Datamonitor‚ 2003). In recent years
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Describe the different stakeholders who influence the purpose of two contrasting organisations (you must choose one public and one private or one local and one national organisation) P2 Introduction – What are you writing about? Explain what stakeholders are. List internal and external stakeholders. Describe each stakeholder Introduction In this task‚ I will be talking about the different stakeholders of the two organisations. I have chosen the two organisations are the Harris Academy Peckham
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Type of business‚ purpose and ownership (P1) To run a business smoothly or effectively all business have aims or purpose‚ this could be survivor‚ to grow‚ to become a market leader. A business also aims to provide exception service or to create a reputation as the best on market. Types of business To understand how business works and what they set out to achieve‚ it’s necessary to have an understanding of the main types of business sectors which exists within a business organisation. There are
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BUSINESS WORLD – BUSINESS ENVIRONMENT GLOBALISATION AND TESCO Terms of Reference The aim of this report is to give a detailed explanation of globalisation‚ what its main drivers are‚ its undesirable effects‚ how big a part Tesco plays in going global and what political‚ economic‚ sociocultural‚ technological and legal forces a multinational organisation might face when expanding into other countries. Main Body Globalisation Globalisation is the integration of the world’s domestic
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TMA01 B122 An introduction to retail management and marketing Mathew Dean PI: C8594876 Tesco: Macro-environmental forces analysis report Contents Page Pages Executive summary………………………………………………………………………3 Part 1 a) Retail business and the sector it operates……………………………………3 b) PEEST i. Political………………………………………………........................... 4 ii. Economic………………………………………………………………. 4 iii. Ecological/physical……………………………………………………
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of the business. Therefore it is important that Morrisons develop a good relationship with their customers. If a customer was not happy about something associated with Morrisons such as the price of a product or service‚ that customer can switch to Tesco‚ ASDA‚ Sainsbury’s or any other competitor of Morrisons. A customer can also voice their complaint by speaking to a manager or writing to the business. Some chains of Morrisons offer forms to be filled out giving the shop feedback on its products‚
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966 Tesco Tesco Leading UK supermarket group‚ Tesco‚ can serve millions of Internet customers with home deliveries from its of its stores. In doing this it is not alone – its main rivals‚ ASDA and Sainsbury’s‚ also offer home deliveries driven by orders over the Internet. Tesco also runs an on-line bookshop. These are recent developments which have been facilitated by the power and potential of information technology (IT). Price cutting‚ an important competitive strategy in retailing‚ does
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