BETC LEVEL 2 (UNIT ONE) BUISNESS PURPOSES SOFIA WARD 10M Task one: 1. Tesco Purpose • Tesco is for a profit. Over 60% of group sales and profits came from the UK business. • Tesco sells items such as fresh food‚ groceries and clothing. (The clothing market is worth £33 billion alone) Ownership • Tesco is a Limited company-Public(PLC) • The decision’s are made by an elected board • There Executive Committee comprises the Tesco PLC Executive Directors and seven senior
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Whale Rider Essay Notes Whale Rider Essay Notes How is Whale Rider a good example of a mythological story? * Based on a legend- A story from the past‚ believed to explain how the Maori people came to be in New Zealand. It is regarded as historical although not verifiable. It’s a modern interpretation of an ancient Maori myth. * Strong basis in the culture of Maori people- Myths support and strengthen culture and reinforce cultural values. * Voice-over- Paikea explaining the legend
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1) The biggest benefit of having a good strategy is minimizing the level of risk. Due to dificulty of creating synergy between big companies and related‚ affiliated institutions‚ strategic needs are less effective and protective‚ especially companies which is kind of holding. Because‚ the commitment in this type of stock companies‚ it depends on stock more than product and market. However‚ every holding have to calculate to some aims conclusively for long terms. This type of companies‚ in
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in its share of the grocery market. On Tuesday‚ data from grocery market analysts Kantar Worldpanel showed Tesco’s market share declined to 29% in the three months to 25 May from 30.5% a year earlier‚ while sales fell 3.1%. Tesco‚ along with Asda‚ Morrisons and Sainsbury’s‚ has responded to the threat from discount grocers by lowering prices on essential items including bread‚ milk and eggs. Tesco said sales volumes of these essentials had risen 28% in the quarter. It has also launched
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shoulder: 6 5.1.2 Tesco Everyday Value Minimum Eggs: 6 5.1.3 Tesco Parsnips Pack: 7 5.2 Manufacturer Brand Commodities: 7 5.2.1 FOX’s Jam Sandwich Creams: 7 5.2.2 Kingsmill Tasty Wholemeal Medium: 8 6. Benchmarking analysis of Tesco and Asda: 9 6.1 Similarities: 9 6.2 Difference: 9 7. Actions can take to keep shortage in a minimum: 10 8. Influence of customer changing preference: 11 9. Fundamental challenge in food supply chain: 12 10. Validity of results: 13 11. Conclusion:
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Segmentation and TESCO Case: Segmentation is essentially the identification of subsets of buyers within a market who share similar needs and who demonstrate similar buyer behavior Using segmentation analysis helped Tesco PLC‚ Britain’s largest retailer stores to decide on their future marketing strategy and to appraise their competitive strengths Tesco realized the requirements for effective segmentation and that it must be Measurable‚ accessible‚ Differentiable‚ Substantial and Actionable
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chains. The ‘Big Four’ consist of Tesco‚ ASDA‚ Sainbury’s and Morrisons. The market shares of the UK’s supermarket chains are as follows: UK Supermarket Market Shares [pic] UK Food Sector Market Brief‚ 2008. Competitive Analysis Market leader Tesco‚ occupies the largest market share and targets the middle market offering value to consumers‚ providing both economy and up-scale products at very competitive prices. (Bradmore‚ 2005). Market challenger ASDA is slightly down-market of Tesco competing
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Outline the view that a consumer society is a divided society A consumer society is a society where people often buy new goods that they do not need (buy goods that are not necessary) and in which places a high value on owning many things (a high value placed on consumption of those goods). This essay will outline how social division is created through consumption and the consequences of consuming. It will first outline what Zygmunt Bauman calls the seduced and the repressed and how people are
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business environment. Business will be maintained according to its purposes. To have an understanding of a profit making business and a none-profit making business‚ there are couple of business examples bellow: ORGANISATION 1 : ASDA PRIVATE LIMITED COMPANY (Profit making company) Asda is a one of the biggest British supermarket which retails food‚ electronics‚ clothing‚ toys
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of the host countries. Planning permission is increasingly difficult to obtain‚ as Government declared policy is to maintain the viability of existing retailer. For example‚ Wal-Mart¡¯s entry into the UK has been made easier by the acquisition with ASDA (Wal-Mart). 2. Changing customer characteristics Salmon (1996) suggests five attributes that customers have always required:  Good assortment of quality merchandise It requires retailers widen the range of product.  Convenience
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