EXPLORING BUSINESS ACTIVITY
1.0 Terms of Reference
For this assignment I been asked by the manager to produce a formal report for two contrasting organisations Tesco and Cancer Research UK.
2.0 Procedure
In order to complete this assignments I need to gather as much information as I can from different sources, such as course notes, internet and a Newspaper.
3.0 Findings
The two organisations chosen are Tesco and Cancer Research UK.
3.1 Tesco
3.01 The Type of Organisation
Tesco is a Public limited company (PLC), which means it is owned by shareholders and it is in the private sector Also known as the for-profit sector and Activities outside the public sector organizations and businesses that provide services and products based on market demands for a cost with the purpose of producing a profit for owners and shareholders in the organisations. Tesco is the biggest employer in the UK with over 250,000 employees and over 1,800 stores.
Product innovation is not limited to Tesco’s food ranges, but its growing non-food ranges too have introduced choices of many new product lines: from sporting goods including equestrian equipment to new ranges of ‘homeware’ and recently PC software.
Tesco also has various and wide range of products and that is to meet customers’ needs of whatever customers intend to buy, nearly whatever customer intends to buy would find it underneath one ceiling (at Tesco). On the top of selling groceries Tesco sells others products such as, books, CDs, DVDs to buy, DVDs to rent, games, flowers, electronics, cosmetics, etc.
There are also services that Tesco sells for example, Telecoms, such as internet- broadband, internet- dial-up, home phone, mobiles on contract, mobiles on pay as you go, travel services, cars insurance, life insurance, home insurance, credit cards, loan, mortgages etc, which are all competitively priced.
Tertiary sector of industry also known as the service sector or the service industry is one of the three main industrial categories an a economy, the others being the secondary industry manufacturing, and primary industry extraction such as mining, agriculture and fishing The tertiary sector of industry involves of providing a services or a product to businesses as well as final consumers. Services may involve the transport, distribution and sale of goods from producer to a consumer as may happen in wholesaling and retailing.
Since the 1960s, there has been a large shift from the other two industry sectors to the Tertiary Sector in the UK. The other two industry sectors Primary and secondary sectors have either moved abroad where it is cheaper for goods to be manufactured or completely shut down because of consumer trends.
Tesco PLC's Expansion in North Bracknell Introduction: Tesco PLC is an international supermarket not only selling high quality goods but has now also become one of the biggest job markets. As well as this Tesco has been running sub-projects to increase the level of customer care. [IMAGE] Tesco's main aims are shown by the steering wheel provided by their website (www.tesco.com). Tesco want to have good quality for value to earn their customers loyalty while still making a profit. I will be investigating the Tesco Superstore, petrol station, pharmacy and coffee shop in North Bracknell (Warfield).
Tesco is the largest retailer in UK. It is a public limited company which sells multinational grocery, health and beauty product, household items and toys etc. Since Jack Cohen founded Tesco in London’s East End at 1919 and now it has sprouted branches in 12 countries with over 7,800 stores include franchises. Tesco hire over 530,000 employees and they serve over tens of millions customers per week. Tesco
The supermarket Tesco operates in the tertiary sector which is where all the final products are sold to customers for a price higher than production to make company profits, they can also be part of the secondary sector which is the way they sell their own products which come under the Tesco brand.
Tesco’s objective is to be the ‘champion for customers’, and they want to achieve this by being number one in customer satisfaction. They want to grow globally and by doing this they ‘create value for customers to earn their lifetime loyalty’. Tesco is
Tesco must also follow their statutory duty which ensures that their employees have adequate welfare facilities. Employees also have specific duties they got to follow by law which includes them to take reasonable care for health and safety for them and the people around them, they must also co-operate with the employer or any other person to enable the employer or other person to perform or comply with any legal requirements.
Tesco is trying to gain as high profits as they can because company investors or shareholders might thing about investing more money in to the business because of its success and development. Tesco wants to make its investors satisfied because it may affect business future.
[3] "Industrial Metamorphosis." The Economist. The Economist Newspaper Limited, 01 Oct. 2005. Web. 9 Dec. 2013. .
High costs of doing business in the UK further led to the decline and failure of high street businesses. A report released by the British Retail Consortium, states that the overall cost of doing business for retail outlets in high street had risen from £96 billion in 2011 to £116 billion since 2006. Although in some cases lease rentals have remained unchanged or even declined, the government instigated rates rose by 2.8%, adding £175 million to the retailers’ bills overnight (Wood & Inman et al. 2011).
Tesco’s activity is productive service factors, therefore, operation may be attacked on a second chance, and every day to make the services and products provided at open, according to time cage, the task of the stock market. To achieve the further advantage of the competition, Telco should considers in working time in these places, it is not ...
Note: There have been many questions about this homework assignment. Thus, clarifications are posted below in red type. When you answer these questions, bear in mind that each one only counts four points out of 1000 total points for the course. Thus, each one should have a concise answer. No need to write a dissertation.
They are highly skilled in areas of design, technology, training, and research and development. In addition, Tesco has a superior presence in the area of manufacturing.
It all sounds like a lot to cover in a short essay so I will introduce a company
In my discussion, the main types of organizational strategies and structures will be listed and how they have impacted on Unilever’s improved performance and growth in recent years.
The terms primary, secondary and tertiary relate to different sectors of the economy. Wikipedia describes the primary sector of the economy as the sector of an economy making direct use of natural resources. This includes agriculture, forestry, fishing and mining.
No longer just a place to buy food, the supermarket has become a place to cash a check, buy a birthday card, or pick up some tulip bulbs. These new extras are all centered on the idea of convenience. We all hope to find a few extra moments in our days, so supermarkets offer us a way to save time. I'll be the first to admit that buying three things at the same store is nicer than driving across town. Saving time can definitely be a good thing.