• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Cost Benefit Analysis of Tesco Benefits The expansion of Tesco's gives jobs to the local community especially if the growth is externally

Extracts from this document...

Introduction

Cost Benefit Analysis of Tesco Benefits The expansion of Tesco's gives jobs to the local community especially if the growth is externally as usually convenience stores are family run meaning only a few jobs go to outsiders but Tesco's will not have the same preference so young members of the community and older members have a job. Also, Tesco's prices would actually be cheaper than the convenience stores due to economies of scale. Tesco can buy in greater bulk than the convenience stores and this cuts costs allowing Tesco to cut product prices. This also gives Tesco extra revenue and that can be used to give workers a pay rise giving them an incentive hence a better service for the consumer. Furthermore, as Tesco's is a big name and do not want it to be tarnished they will make sure their goods are of the highest standard to avoid public humiliation. ...read more.

Middle

Also, crime may fall as the security at a Tesco's is superior to that of a convenience store, Tesco's will have security guards whilst a convenience store will have basic CCTV. Costs If Tesco's discover that their recent venture into this area has not been successful they may bail themselves out with the revenue from other stores and this potentially could leave a poor area without a local corner shop. This would affect elderly people as they may have to go out on very cold days to the city centre just for milk. Also, the jobs established when Tesco's took over will be lost and will cast a sense of insecurity over a community especially if work is hard to find. Furthermore, the CC has already shown it is no doing its job efficiently to allow Tesco's to get to current position so their will not be anything stopping them. ...read more.

Conclusion

hardcore criminals and security guards are not equip to deal with armed criminals especially if the store is situated in a depraved area. Also, people are more prone to fly-tipping and general littering where there is a crowd. Conclusion I conclude that a local Tesco's in respect to my local precinct has been a success yet certain measures are needed to allow the local consumers and businesses to survive. There are no convenience stores within a mile of my local Tesco's and the traffic was terrible due to irresponsible parking; this has only been resolved with the building of a new car park. Also, if this Tesco's were to close then the local council estates would be left with no stores and the bus service in the area is below standard. However, the benefits outweigh the costs in this situation. Alexander Max-lino 10BR Economics Homework Mr. Daniels 21/1/06 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Case Studies and Analysis section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Case Studies and Analysis essays

  1. Marked by a teacher

    Aims of tesco

    5 star(s)

    Tesco's second goal aims to achieve international growth similar to that shown in Ireland and since the mid-90's Tesco has been investing in new markets overseas. The information shown below illustrates Tesco's success: As you can see Tesco has planned to open stores in all its markets to try and achieve its long term aim of constant international growth.

  2. For this coursework I will produce a portfolio of work investigating the factors that ...

    It also is a more social benefit, as customers are literally able to purchase everything under one roof. Tesco has been extremely clever by introducing this as they know people have very busy lifestyles and they will be willing to use Tesco's financial services as they already trust the brand and the products.

  1. PESTLE and SWOT analysis for Tesco.

    Advantage of the PESTLE analysis Disadvantages of PESTLE analysis The advantage of PESTLE analysis is to find out the impact of the PESTLE and the benefit that they will get. For example if Tesco use the PESTLE analysis to see how the company need to be aware of the PESTLE factors.

  2. (P4) Describe the Functional Activities and the Independencies of Tesco Plc and Coleraine Borough ...

    and Middle Management Team * Make a contribution to the Council Health and Safety Committee * Reporting and attending the Council and Committee meetings * Developing and advising management on safe working practices with regard to the Council's workforce, work activities and the provision of services * Perform the co-ordination

  1. PEST is a planning tool which is used by a business to evaluate and ...

    their competitors companies, they will do this through modernizing their brand and company. Ginsters will be unable to meet this aim if they are not doing enough to adapt their business to make it more appealing to customers than their competitors, this is because more people will buy their competitors

  2. Business plan. The business that I am going to produce is a personalised logo ...

    Advantages- -Reduce product transport costs. -Retailers can order small amounts from wholesalers. -Wholesalers buy for a low price from the producer and add profit onto the price paid by the retailer. I think this is a good idea for my product, as I am hoping to sell a mass amount of my product I think

  1. The main purpose of this research is to know and analyze whether the Olympic ...

    Other than financial resources the strong image is been represented to the host country with in the world. A free media coverage to the host country's tourism is been provided because Olympics stands as an image maker for the host country.

  2. SWOT and Pestel analysis for Carlton Forum leisure centre

    recognise the forces that impact the organisation and the industry it operates in. (Cooke, et al. 2004) PESTEL analysis looks at the likely change in political, economic, socio- cultural and technology factors and seeks to predict the extent to which change is likely to occur and its possible consequences for the organisation.(Britton, Worthington.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work