• 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...


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.


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.


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)

    and since 1997 when Tesco entered the sector they have been achieving this aim. In 1997 Tesco Personal Finance was launched as a joint venture with Royal Bank of Scotland. It currently offers customers a choice of 26 products ranging from savings accounts and credit cards to car and travel insurance.

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

    which will best suit their needs as they are aiming to guide customers and want to ensure they retain their loyalty . Also as shareholders have invested large sums of money into this new range they have to make sure these items sell and this is done through them creating

  1. SWOT analysis of Disneyland Paris

    Slinky Dog Zigzag Spin * RC Racer * Crush's Coaster * Cars Race Rally * Animagique * Art of Disney Animation * Flying Carpets Over Agrabah * Rock 'n' Roller coaster starring Aerosmith * Armageddon Special Effects * Moteurs... Action!

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

    In order to overcome the recession they have worked a lot and soon the new face of the London can be seen. In the London now there various jobs that are present temporarily and the structure they are building can be used in other ways or it can be placed in the desired place.

  1. PESTLE and SWOT analysis for Tesco.

    of the business, which means that not lots of customers will buy from Tesco. These are all external influences that affect Tesco and they have no control over them; but to alternatively strategically they need to make sure that the pricing of their product is affordable.

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

    Ginsters will need to ensure that people recognise their product if they buy it so that they can gain brand loyalty, so that people buy their products again. Another way that this PEST factor could affect Ginsters is that Ginsters will need to ensure their brand and company is recognisable in comparisons with competitors.

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

    Order 1991 * The Hairdressers' Act (NI) 1939 * The Health and Safety at Work (NI) order 1978 * The Imported Food Regulations (NI) 1997 * The Industrial Pollution Control (NI) Order 1997 * The Local Government Act (NI) 1972 * The Local Government (Miscellaneous Provisions) (NI)

  2. The Tesco story

    They use a legal loop hole, using owners from different countries where no tax is present. Since Tesco was founded they have managed to avoid £45 million worth of tax in stamp duty. Allâs Tesco is trying to do is avoid costs that donât need to be paid and therefore is not breaking the law.

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