Business Environment - Research On Tesco (uk Supermarket Chain)

HND /C Business /Business (PathwaysUnit 4 Business EnvironmentAssignment No .1ScenarioYou work for a major consultancy firm . Your boss has asked you to interrogatory Tesco , a phenomenon in the Fast moving consumer goods market (FMCG , and around to become the UK s leading supermarket chainAbout your AssignmentPrepare a detailed report - supplicate sure that solely knowledge is accurate advantageously explained and spur up by a theoretical baseThis is a thematic grant - Research swell for Tesco will be the heart-to-heart of some(prenominal) assignmentsPart 1 p Task 1Identify Tesco s Mission , value and gravestone characteristics . Show how its s contractholders have influenced theseSource : HYPERLINK hypertext transfer protocol /www .tescocorporate .com /cr .htm http /www .tescocorporate .com /cr .htm , accessed on 2 /2 /2007 separately little helps is more than a simple slogan but the root of Tesco relegation statement . Tesco started from selling groceries to providing anything customers might take up (loans , mobile phone furniture , golf clubs etc .

The goal is to pick customers shopping experience by offer them what they want and take at a good price and at the self-coloured time delivering an economic perish and tangible benefits for shareholdersTesco main determine are- To always try harder for customers by understanding them better than anyone and whirl them unbeatable product value- To look afterwar d employees by providing them with hugger-! mugger information working conditions so they can look after customers- To accost people (managers , customers , staff ) with trust and respect try on retain to each other , share knowledge and tense to give one s very best- To fulfil customers aspiration by religious oblation them safe , nutritious and quality food at cheap price to earn their lifetime loyalty in return Other characteristics underlying Tesco success is its four move strategy- To honor a strong core UK business- To become a no-hit international retailer- To be as strong in non-food as in food- To develop retailing servicesObviously customers have extremely influenced Tesco s mission and values Through feedbacks and customers surveys , Tesco has gathered valuable information and implemented adequate strategies to fullyy satisfy its customersEvaluate the extent to which Tesco s equalize the objectives of 3 groups of stakeholdersSource : HYPERLINK http /www .tescocorporate .com /cr .htm http /www .tesco corporate .com /cr .htm , accessed on 2 /2 /2007Tesco meets the objectives of its customers by offering them only types of products from finest for those absent something special , to value for those on a figure . No matter how much customers want to spend on a product , Tesco strives to always deliver value to all its customers what is more , with different stores format , Tesco appeals to convenience shoppers as well as large families wanting to do their weekly shoppingTesco meets the objectives of its employees by offering them training programmes and personal development plan as well as attractive benefit package including waxy hours , draw a blank , profit share , meal and childcare vouchersTesco meets the objectives of its suppliers by offering them long lasting partnership...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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