Preview

Unit 17 p2

Good Essays
Open Document
Open Document
865 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Unit 17 p2
Unit 33 THE IMPACT OF COMMUNICATION TECHNOLOGY ON BUSINESS
TO: LILLIAN
FROM: GONUL PEKOZ
M2
INTRODUCTION
For this assignment, I will be evaluating how e-business has helped Tesco and Samsung compete effectively.
Marketing
As every business, Tesco has their competitions which are Sainsbury’s, Asda and Iceland. Sainsbury’s has a strategy of selling online which can be a threat to Tesco as they offer the same services with similar products. In order to maintain In addition Tesco is the biggest company so they must plan ahead to achieve the following:
Tesco offers a wide range of products which attract customers of different interests. By doing so this will then encourage customers to return to the business and repurchase the same products.
Tesco expresses these values through: understanding customers; prioritise the consumers’ needs; acting within communities responsibly; treating customers, as well as Tesco’s team with respect; building common respect and trust; sharing experiences and knowledge.
Tesco now provide services online. By selling online, the business can reach more customers and it is an easier way to sell their products, as some people may not be able to go into the store and some people might not have time to do their shopping. Tesco has always been at the forefront of the market, as well as keeping its customers happy. Tesco did everything to retain loyal customers, for example they keep opening new stores, which are also beneficial to customers. In addition they have many great ways to keep their profits raising, for example they do loyalty cards (Club cards) to encourage the customers to come back to the store. Also more profit always means more growth and therefore a more successful company. However by doing all these, they expanded their business as they have more customers now. Also Sainsbury’s has done a card which gives discount and offers to their customers.
However, there is Samsung that sell all the technology items which

You May Also Find These Documents Helpful

  • Powerful Essays

    Business Unit 1 Assignment 2

    • 3096 Words
    • 13 Pages

    Tesco PLC is a British multi-national grocery and general merchandise retailer. It is the third largest retailer in the world measured by revenues and the second largest measured by profits. It has stores in 14 countries across Asia, North America and Europe and is the grocery market leader in the UK. Tesco has been particularly successful because of its powerful brand. It has a reputation for value, low prices and for being customer focused. Its brand equity and associations have helped the company to expand into new sectors and markets.…

    • 3096 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Tesco realise that there are opportunities to increase sales from customers that are already shopping with their organisation, they can do so by promoting new products into new markets or improving sales within the markets they already serve.…

    • 820 Words
    • 4 Pages
    Good Essays
  • Good Essays

    P1 P2 M1

    • 1081 Words
    • 3 Pages

    Tesco is a supermarket that is known very well for its quality and good prices, it is the second largest retailer in the world. Tesco has a large part in the market share (30% UK) which is a very high…

    • 1081 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Tesco is one of the world’s international retailers and is recognised as the market leader in the UK supermarket sector. Tesco state that their core purpose is ‘to create value for customers to earn their life time loyalty’…

    • 2429 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    tesco pestle analysis

    • 836 Words
    • 4 Pages

    Nowadays, everyone is very busy. Basically the British people who are working. So they have moved to the one-stop service. Tesco provides the food item as well as non food item such as electrical product, clothing, baby product etc and also the finance service. Customer can save their time and energy.…

    • 836 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Financial Analysis of Tesco

    • 3720 Words
    • 15 Pages

    The current strategy of TESCO is to diversify the business which was laid down in 1997 and it has proved the base of success for the business not…

    • 3720 Words
    • 15 Pages
    Better Essays
  • Good Essays

    Tesco Plc

    • 1079 Words
    • 5 Pages

    Tesco is the world’s third largest retailer and has been on the top in the UK market with a market share of 25%. In the past few years it underwent horizontal expansion and diversified into new products and services like Tesco property and telecommunications as part of its long term strategy to reduce risk. It started online shopping, nonfood sector, clothing, home ware and electricals to add value to the business to fight competition. Thus achieving economies of scale and scope. Tesco also took good long term decisions to enter into foreign markets of Europe and South East Asia. It has a horizontally integrated structure.…

    • 1079 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Tesco Valuation

    • 3041 Words
    • 13 Pages

    Tesco is the largest supermarket retail chain in the United Kingdom with Sainsbury being their closest rival. It is also the third largest retail chain in the world. In the beginning Tesco started off by selling basic groceries before diversifying into many different markets. In 2007 Tesco was operating in the following fields:…

    • 3041 Words
    • 13 Pages
    Better Essays
  • Best Essays

    Strategic management Tesco

    • 2006 Words
    • 9 Pages

    Tesco are the chosen company for this report as they are the market leader within the supermarket industry, Tesco controls over 30 percent of the UK grocery market, a figure which is almost double the combined share of nearest rivals Asda and Sainsbury’s. This provides the report with an excellent basis for analysis of competitive advantage. The statistical evidence for the company’s performance over the last five years can be seen in the table and graphs, within in the appendix.…

    • 2006 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Tesco’s main customers are the local community, families, single people, professionals and retired professionals. The Tesco customer is looking for value for money and a range of different products. Families and single people are looking for a low cost, value for money range and professionals and retired professionals are looking for a more upmarket range of products.…

    • 2284 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Case Study Tesco

    • 403 Words
    • 2 Pages

    Tesco’s success should be measured on the profitable of its overall operations in the USA. The company undertook extensive market and consumer research prior to commencement of operations in the US, although it has admitted that the research might have been flawed. Notwithstanding the company continues to redefine and modify its store module and adjust its prices as it response to changes in the economic climate and market conditions, all in an effort to increase sales. Increase sale will result in increase profits.…

    • 403 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Tesco is one of the world’s largest retailers with operations in 14 countries, employing over 492,000 people and serving millions of customers every week.…

    • 260 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Straegic Audit on Tesco plc

    • 3684 Words
    • 15 Pages

    Tesco Plc is a United Kingdom based international supermarket chain. This report examines Tesco strategies, the reasons behind each component and how vision, aims and cultural value interrelate to make the strategies successful.…

    • 3684 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Tesco

    • 1777 Words
    • 8 Pages

    Since 1998, Tesco Stores has been the biggest trade network in England, Scotland and Wales. In Great Britain, where Tesco owns over 1.900 stores and department stores, an average commercial unit offers about 50 000 sales lines from food to CDs, clothes, books, garden furniture, and toys. Teso decided to expand its business throughout the world and it is working on by attracting the customers through different schemes ,introducing the club card , online shopping, etc. .Due to financial crises in the they also bear the loss but anyhow they control it and doing work to overcome if such type of crises comes again…

    • 1777 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    competitive advantages

    • 1812 Words
    • 6 Pages

    Tesco is the market leader in the grocery retail market. Tesco have reached this status by base on their competitive advantage to compete on grounds of pricing and distribution schemes. Tesco also sustains and maintain its competitive advantage through product portfolio expansion and strategic competitive pricing to get and hold its status.…

    • 1812 Words
    • 6 Pages
    Powerful Essays