Tesco Business Environment
INTRODUCTION
Global business environment can be defined as the environment in different countries making on resource use and capabilities which including: the social, politic, regulatory tax, cultural, legal and technological environment.(The international business environment, Leslie Hamilton/Philip Webster, second edition/2012)
Business principles are capital and inflation. In the present Bank of England cut over the capital and most of the Bank is needs external help because their debts is nearly to be junk and most of the business will going to be affected. (www.bbc.co.uk/news/business/)
Description of the company:
Tesco Plc is the 3th company of the global sales of grocery sector than the field is increasing: clothes, insurance, petrol stations and financial services. Tesco Plc is the largest company in Great Britain sales with stores in 14 countries (across Asia, Europa and North America). Tesco Plc is a public Limited Company how was made it by Jack Cohen in 1919 in United Kingdom and in the present has got more than 6,351 stores(national and international) with revenue than £64.539 billion and more than 519.671 employees.(www.tesco.com) Like a national and international company, Tesco is missions to create value for customers and to win their lifestyle loyalty. That is why Tesco Plc has a strong aims and objectives: success international retail; a strong communication with people, to build up a good and positive image and good services, to give the people and customers confidentiality; to develop a diversification on food and non-food products; to develop retailing services: Tesco Bank, Tesco Mobile, Petrol Stations and Tesco.com
Task 1
a. Examine the various type of organizational missions and thir purpose and compare the missions, goals and the strategic objectives of your chosen organization with a similar organization.
The main types of organisation on U.K. are: Sole trader -
Global business environment can be defined as the environment in different countries making on resource use and capabilities which including: the social, politic, regulatory tax, cultural, legal and technological environment.(The international business environment, Leslie Hamilton/Philip Webster, second edition/2012)
Business principles are capital and inflation. In the present Bank of England cut over the capital and most of the Bank is needs external help because their debts is nearly to be junk and most of the business will going to be affected. (www.bbc.co.uk/news/business/)
Description of the company:
Tesco Plc is the 3th company of the global sales of grocery sector than the field is increasing: clothes, insurance, petrol stations and financial services. Tesco Plc is the largest company in Great Britain sales with stores in 14 countries (across Asia, Europa and North America). Tesco Plc is a public Limited Company how was made it by Jack Cohen in 1919 in United Kingdom and in the present has got more than 6,351 stores(national and international) with revenue than £64.539 billion and more than 519.671 employees.(www.tesco.com) Like a national and international company, Tesco is missions to create value for customers and to win their lifestyle loyalty. That is why Tesco Plc has a strong aims and objectives: success international retail; a strong communication with people, to build up a good and positive image and good services, to give the people and customers confidentiality; to develop a diversification on food and non-food products; to develop retailing services: Tesco Bank, Tesco Mobile, Petrol Stations and Tesco.com
Task 1
a. Examine the various type of organizational missions and thir purpose and compare the missions, goals and the strategic objectives of your chosen organization with a similar organization.
The main types of organisation on U.K. are: Sole trader -
References: Clarke I., Bennison D. and Guy C. (1994) The Dynamics of UK Grocery Retailing at the Local Scale, International Journal of Retail & Distribution Management, Vol. 22 Issue 6, pp.11-20; Datamonitor Report (2003) Company Profile: Tesco PLC Analysis, October; Graiser A. and Scott T. (2004) Understanding the Dynamics of the Supermarket Sector, The Secured Lender, Vol. 60 Issue 6, November/December, pp.10-14 Mintel Report (2004) Food Retailing –UK, Retail Intelligence, Nobember;