tesco ownership

The shareholders make their money by selling their shares back to the company for a higher price than they bought it for, and earning dividends. The company makes its money from the shareholders investing their money ‘in the first place.’

Aims:

Aims are set out to briefly describe what has to be done.

Tesco’s aims are set out below -:

Objectives:

Objectives are related to aims but present more information by maybe including a time period and percentage (%).

Tesco’s objectives are listed below -:

Marketing -

This department is responsible for controlling the sales of the product and actually putting it on the market to sell. They also carry out market research to compare and be competitive with other products which are similar on the market. They are also responsible for promotions of sales therefore they need to have a decent product on the market which is different from others and has a good chance of beating other sales.
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Introduction The Business I have chosen to base my work on is Tesco. Tesco is a very big company with huge revenues. This is also a public limited company that means it has limited liability. The aim of this company is to make profit. I have chosen this company because it is a well-known and established company, which has been trading for many years. The business had a turnover of £28,613m in the year 2003. Its core service is retail. Tesco is a leading retailer, operating 2,291 stores around the world and employing 296,000 people. It used to be purely a UK operation but has expanded to many other parts of the world such as Europe and even as far a field as Asia. There are four strands to Tesco's strategy: core UK business, non-food, retailing services (personal finance and online grocery sales) and international. Tesco also has commitments as a company such as protecting the environment.

In this report I intend to create a detailed report of Tesco's. I want to see what they have done to get to where they are today and to try to evaluate why what they did worked. I want to get as much information as possible, although some information may not be accessible to the public as it could be sensitive. After the First World War, Jack Cohen received a £40 gratuity. With this he set up his own East end fruit and veg store. Later he joined with another man T. E Stockwell to create a partnership. They then formed a limited company and now Tesco is a public limited company (PLC) with an annual turn over of around £30,814 million pounds. When Cohen set up Tesco, he was a sole trader, he would have had unlimited liability. This means that if he went bust and unable to pay his debts he would have his personal belongings sold by the bank to pay off his debts.