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Introduction to Tesco.

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  • Essay length: 2970 words
  • Submitted: 12/02/2004
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University Degree Microeconomics

The first 200 words of this essay...

Introduction to Tesco

Tesco is Britain's leading food retailer employing 160 000 people in the U K throughout its 702 stores. Over the past five years Tesco has expanded from a traditional U K based supermarket into new countries, products and services including a major non food business, personal finance and internet shopping. Tesco has progressed into a truly international retailer employing a further 140 000 people throughout 214 stores in nine markets worldwide. The increasing scale and internationalization of Tescos sales and purchasing operations contributes to a significant increase in efficiency and profitability.

In this assignment I will be examining Tesco's position in the economy, explaining the role of economies of scale within Tesco and drawing up a detailed swot analysis of the organisation. I will also be examining the role of production within the firm.

Tescos position in the economy

Tesco is a public limited company (plc). Public limited companies are businesses with share price on the stock exchange. To become a public limited company, a business must have an issued share capital of at least £50 000. The company must have reissued at least 25% of the nominal value of

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