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

mission statement

Extracts from this document...


Mission Statement definition- A mission Statement identifies the stated objectives of a business. Tesco mission statement: Tesco's mission statement is to keep hold of the customers. They have set themselves an aim so they can monitor there progress. Tesco superstore has set themselves a plan which shows what they would like to achieve. There main seek is to retain customer's life time loyalty. This means they want the public to shop at Tesco superstores every week. Customers will shop at Tesco because stuff such as food is a consumer product. Food is brought every single day. An average U.K family of four will spend about �100 on weekly food or even more. It's not like clothes were you would purchase them every other month or so. There main aspire is to make sure that the U.K public shops at Tesco superstores all over the country. They want to make sure that they can target the public of the U.K this is a clever method as they can then get the customers constancy. Tesco have also used other schemes like a club card or loyalty card. This means that Tesco superstores can get the customers to shop at Tesco more then they are at the moment. ...read more.


The internet shopping option helps hold on to customer devotion. I think Tesco should not charge for there deliveries for the reason that they have made such a big profit of 2.2 billion pound. That just shows that Tesco are being greedy and desire more money. Also I think Tesco should stay open 24 hours a day so they don't cause large traffic jams during the peak times of the day. Shareholders: The Tesco company require for the shareholders to devote there money into there business other wise they would not of had the assets to introduce the club card and internet shopping. They convince there shareholders by giving then high dividends. Tesco have been giving large amounts of dividends year by year this encourages a majority of shareholders. Share price This source shows one of there latest share prices. 424.50p 6 Mar: 1:32pm Share prices have to be towering as this will encourage more shareholders from around the world to empower into Tesco. This graph shows the quantity of dividends a investor will get showing an raise in % over the last 6 months. Suppliers: At Tesco's suppliers are vital for them. ...read more.


They launched a new scheme of degradable plastic bags which are more environmentally better then usual plastic bags. The company has to stick to the rules and the guidelines that the government has set them. If they do not stick to the rules the government could issue Tesco with a fine and pressure groups will start to form. This could make Tesco lose their high reputation and give them bad publicity. If they get bad promotion the public that shop at Tesco will stop and go to other companies such as Asda or Sainsbury. This will make Tesco lose there status of being the leading supermarket in the U.K. This will affect the local solitary traders around in the area. As Tesco are fulfilling all their customers needs. This determination means the shareholders get more money and higher dividends. The company's sales and profit will increase so they will be able to reinvest more. And invest into the company. I think that the Tesco's company should help preserve and defend, because they have such a massive profit of �2.2 billion. If they keep on protecting the environment there market share will keep on rising. This will further make certain that they will remain the leading supermarket in Britain. ?? ?? ?? ?? 1 Omer Baig 1 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Business, Companies and Organisation, Activity 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 GCSE Business, Companies and Organisation, Activity essays

  1. tesco aims and objectives

    would become convenient for the shoppers to come into Tesco to complete their shopping. Another reason why near the high street was a good location is because there is no real competition, and this has been a major advantage. Overall I think Tesco made the right decision to locate in

  2. Task 3 - Functional Areas of Tesco

    his or her business elsewhere if they feel that they are not being treated properly. Being treated properly is what you are paying for in a service or product at is part of the price. Customers expect a quick and efficient service.

  1. Tesco Research

    Strategic level Managers are largely concerned with long term organisational planning. Decisions tend to be unstructured and they are made infrequently. However, the decisions made at this level are likely to have a larger impact on the organisation as a whole are not easily reversed.

  2. Business Studies

    staff turnover High turnover is costly to the business Absenteeism: > Some employees use sick days to show dissatisfaction with the business > It is costly Legal framework of employment * The employment contract - common law (rights and

  1. Business Plan. After putting a lot of thought into what kind of business we ...

    - Companies such as petrol, brewers and vehicle producers use this type of franchise. There has to be a written agreement from the franchiser to the franchises to say that they can sell their product. The agreement covers areas such as stock levels, sales target and the backup service franchisor.

  2. What would be the most effective way to market a new healthy eating option ...

    * Competitors' vulnerabilities? * Industry or lifestyle trends? * Technology development and innovation? * Global influences? * New markets, vertical, horizontal? Threats: * Political effects? * Environmental effects? * IT developments? * Competitor intentions - various? Moreover, when SWOT is used in a business context, it can help you carve a sustainable niche in your market.

  1. Ownership, Location and Aims and Objectives of Lex Transfleet and Express Diner

    But if Lex is LTD then they can not buy it with out agreeing with all the shareholders and the directors, even if 49 shareholders and the director agreed but 1 shareholder said no then they can not sell Lex.

  2. Different types of customers at TESCO - Unit Eleven: Keeping customers happy - Business ...

    Anything less than 3% is deemed statistically insignificant. We work to attract and develop people who have disabilities. In the UK, we have relationships with disability organizations such as Remploy and the Shaw Trust, who understand the importance to Tesco of finding skilled and dedicated people.

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