The nature of business and ownership

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Omobolanle Salami                09/02/2009                

Assignment No. 01                

BTEC First Diploma in Business

Unit 1 Exploring Business Purposes

Task 1

  1. Tesco is a public limited company organisation
  2. N.H.S is owned by the government
  3. Oxfam is a charity organisation
  4. Dixy chicken is a Partnership

Task 2

Tesco (public limited company) 

The purpose of Tesco is to create value for customers to earn their lifetime loyalty. Tesco is now making moves into non-food markets with an aim of taking a leading market position. Tesco is one of the biggest supermarkets in England. Every business decision they make is driven by their customers. Tesco is selling Groceries with 1000’s of great offers every week and more than 1500 wines, entertainment stuff like books, CDs, DVDs and digital stuff, phones and broadband; the also offer you insurances like car insurances home and travel insurances life insurances and many more insurances. Tesco’s UK stores are divided into six formats, differentiated by size and the range of products sold, and which are:

Tesco Extra

This is a larger store mainly out-of-town that stocks nearly all of Tesco’s product ranges. Tesco Extra stores are usually on two floors, with the ground for mainly food and the first floor for clothing, electronics and entertainment. Most Tesco Extra stores have a café.

Tesco superstores 

Tesco superstores are standard large supermarkets, stocking groceries and a much smaller range of non-food goods than Tesco Extra stores

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Tesco Metro

Tesco Metro stores are sized between Tesco superstores and Tesco Express stores. They are basically located in city centres, the inner city and on the high streets of small towns.

Tesco Express

Tesco Express stores are neighbourhood convenience shops, stocking mainly food alongside everyday essentials. They are found in busy city centre.

One stop

One stop is the only category which does not include the word Tesco in its name. These are the very smallest stores. One stop Stores also work on a different pricing and offers system to the other Tesco stores, and generally have later ...

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