Compare the challenges to selected business activities within a selected organisation, in two different economic environments
by
humzah2013hotmailcom (student)
Compare the challenges to selected business activities within a selected organisation, in two different economic environments.
Tesco:
Tesco plc is a global supermarket and general merchandise retailer headquartered in , . It is the third-largest retailer in the world measured by revenues (after and ) and the second-largest measured by profits (after Wal-Mart). It has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in the UK (where it has a market share of around 30%), Malaysia, the Republic of Ireland and Thailand. The company was founded in 1919 by as a group of market stalls. The Tesco name first appeared in 1924, after Cohen purchased a shipment of tea from T. E. Stock well and combined those initials with the first two letters of his surname, and the first Tesco store opened in 1929 in , . The business expanded rapidly, and by 1939 there were over 100 Tesco stores across the country. Originally a UK-focused grocery retailer, since the early 1990s Tesco has increasingly geographically and into areas such as the retailing of books, clothing, electronics, furniture, petrol and software; ; and internet services; DVD rental; and .
