• 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)

    Since 1997 TPF has been very successful and has attracted the customer's attention. Tesco were able to make personal finance profitable and in 1999 Tesco launched a new on-line bookstore and on-line banking website In 1998 Tesco Telecoms was launched, providing simple, straightforward telecoms services with great value tariffs.

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

    website, television, e-mail etc. * Designing, updating and promoting the Tesco website. * Distributing catalogues, brochures etc. Sales This department is responsible for ensuring customers purchase the goods offered. Tesco will have a large span of sales operators, and so it will be a large responsibility of these operators to encourage the growth of sales.

  1. Market entry strategy of Aldi and Lidl. Plans for expansion.

    It is possible to consider that Lidl was trying to build its strategy decision-making on Aldi's experience, but Lidl's strategic advantage achievements became more adventurous . So Aldi's and Lidl's strategies were focused on different goals. As from the case study, Lidl was focused on expansion in markets where 'no

  2. SWOT Analysis

    The purpose is to form the basis of future health programs to promote a healthier Malaysia (Pang, 2006). YHS Company should take this opportunity to promote its brand to the consumers. * 4.3.2 Competition YHS Company focuses on producing healthy drinks whereas its competitor F&N Company focuses on producing unhealthy drinks such as coca-cola and Sarsi.

  1. PESTLE and SWOT analysis for Tesco.

    Social factors By evaluating the social factor of the PESTLE analysis, Tesco become able to examine society and its behaviours and by segment and target their customers. This factor is very useful for Tesco because they now understand how to alter their product and introduce a new product for their target customers.

  2. How external factors can affect the ability of Tesco achieving its aims and objectives

    This means they have to offer cheaper versions of products and reduce prices in order to compete efficiently and maintain sales. As a result of this Tesco Monaghan may have to abandon some of its Finest, Organic or Fair trade products in order to reduce product costs.

  1. SWOT analysis of Disneyland Paris

    in talking to a member of staff should they have any queries. They receive the highest quality customer service that Disney aims to provide all their customers with, giving the customers good satisfaction. I have included various pictures as evidence to prove Disney do offer this service to its disabled customers.

  2. Stakeholders of Tesco and Demelza house

    they are carrying out their job at a high standard and encouraging these profits. Managers usually operate on the ground floor and are there for any comments or queries about the store made by customers. These comments and queries are sometimes very useful for the running of Tesco as sometimes

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