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

Tesco Review B-TEC

Extracts from this document...


Tesco is a large Public Limited Company based in Hertfordshire, England that has over 2300 stores in 13 countries worldwide with over 273,000 employees. Founded in 1919 by Jack Cohen, Tesco is now Britain's biggest retailer by global sales and domestic market shares as well as being the world's fourth biggest retailer. Initially, Tesco was a grocery business retailing only food and drink, however, the company have expanded internationally in the last 90 years and are now selling a wide range of products & services including CDs, DVDs, clothing, furniture, insurance, an internet service and music downloads. Tesco now have a capitalised value of approx. 33.9 billion and profits of over �2bn. Tesco advertises on the television, radio and internet helping it become a household name. ...read more.


In the company's defence, they claimed that since many of the shares are owned by pension funds so Tesco's success is filtering through the economy and they also added that they are putting back the money they are making because of this. The store additionally wants to open more of its stores across the country and create around 11,000 more jobs therefore helping with the economy. Tesco have several different types of stores. These include; * Tesco Superstore - A supermarket branding most products including food, drink, clothes, furniture, CDs, DVDs and other conveniences, but on a smaller rage then Extra stores. These stores are usually located in most towns and cities and are around 2,900 metre-squared. * Tesco Extra - A hypermarket branding almost off all of the Tesco products and services on a large scale. ...read more.


with a small range of groceries, snacks, alcohol & cigarettes. The stores are usually located in most towns and cities near or in neighbourhoods. You can also find them on the Esso petrol station forecourts. In February 2008, there were 827 stores across Britain with each store around 125 metres squared. * One Stop - The One Stop store is the baby of the Tesco chain although they are considerably popular with over 500 stores throughout the UK. The only thing that would indicate the stores are owned by Tesco's would be the Tesco's Personal Finance and cash machines with the stores having a different pricing and offers system to the rest of Tesco's. Some One Stop stores have a later opening time than some Tesco stores apart from the 24-hour Tesco Extra. Being the smallest of the range of stores, One Stop is 125-m2. ...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. Outline of the Aims/Objectives of Sainsburys and Tesco.

    Generally, the cost of the site is about 8 percent of that business' revenues which makes them fairly cheap to cover maintenance and continued management expenses. In addition, as business transactions are primarily handled electronically, there is no need for a large sales staff.

  2. Business Studies

    - Rent - Leasing costs for the company car - Monthly bills ie) phone and internet > Managers can draw up a budget[ET11] to anticipate how much money the business needs to pay expenses > Some months will be more expensive than others and therefore the manager needs to be

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

    Lex may be charging too much for parking and the customers may not park in the car park because it is expensive so they may prefer to park outside the car park, this means that Lex will be losing out in capital.

  2. English for business

    � financial (save at least 100$ every month, reduce mortgage payments, repay debts and credit cards...) � mental (accept your faults, be more sociable, control your temper more, stop criticizing..) � physical (cut down on junk food, lose weight, reduce tea and coffee, stop smoking...

  1. The World is Flat Review

    Or online shopping is replacing retailer's jobs. Also the internet has made trading stocks online possible, thus taking the jobs of brokers. Some sites that are taking brokers jobs are sites like etrade.com, scottrade.com, or schwab.com that have trades for as low as five dollars.

  2. Business Economy

    Another factor that may influence the medium of each company is budget for promotion. Conrack, a company which is still growing has a smaller budget than the nationalise Eco-store. Conrack may therefore be more likely to advertise in the local yellow pages whereas Eco-Store may be looking in the various bigger mediums such as television.

  1. J Sainsbury

    We know that great service drives sales, which is our number one priority. Our customers increasingly demand healthy, fresh, safe and tasty food and by being better than anyone in providing these we will create a key reason for our customers to shop with us.

  2. Business Law.

    Another problem with the limitations on bank loans is that expansion is usually only possible through ploughing the profits of the business back into it The funds can come from a number of sources: 1.

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