Activity 1: investigate what business is and what businesses do. Why I chose my two businesses. During a business lesson I was asked to choose two businesses for an exam. I was given an option to choose one local business and national business. I have chosen TESCO as my worldwide business; their head office is in Cheshunt. To me Tesco is also a local business since they have a shop just around the corner to me (Tilbury Essex). Choosing Tesco as my national business was a good Idea for me as I have
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MANM098 OPERATIONS MANAGEMENT | Operations Management Assignment | A group report assessing the Operational Strategies of Dell and Tesco | GROUP 9:Miss Sirada Udomsak (6225345)Mr Farhan Khan (6243110)Mr Mohamad Basil Abutaha (6067107)Mr Francesco Tenero (6241237)Mr Zohair Ashfaq (6238307)Mr Iker Santos (6238488)Mr Matthias Gerz (6199999)Mr Zach Willis (6080774) | 12/17/2012 | Table of Contents INTRODUCTION 2 COMPANY PROFILES 2 2.1 Dell 2 2.2 Tesco 2 COMPETITIVE ADVANTAGE ANALYSIS
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INDIVIDUAL CASE ANALYSIS CEO Lee Scott and Chairman Rob Walton have scheduled a strategic planning session to prepare for the 2007 Wal-Mart Annual Shareholders’ Meeting. You have been invited to join the discussion of key strategic issues and to present a suggested course of action for Wal-Mart’s leadership to take during the upcoming fiscal year. New to the group‚ you decide to follow the strategic management process model to prepare for the meeting. 1. Based on the company’s external and
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industries of supermarkets in UK‚ and it has an increase in its sales and higher profits. On the other hand‚ Sainsbury’s has utilized assets effectively and efficiently and had a strong management. However‚ compared to other competitors such as Tesco and Asda‚ it is lack of enough evident advantages such as profits of fast growth and strong capital turnover. The stable profit and lower risks can be provided if there are not better options.
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Unit 1: The Business Environment (Assignment 1) Tesco PLC: A Summary of the businesses activities and their major activities Tesco is the world’s widest retailers with operations in 14 different countries‚ Japan‚ India‚ United States‚ and Czech Republic. Employing over 492‚000 individuals and serving over millions of customers every week as well as they have a market share of 30%. Tesco have diversified into different markets for example retailing books‚ clothing‚ electronics‚ furniture and they
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losers in a zero-sum and positive-sum game. Overall‚ we shall see how the size of the supermarket chains can be used for the abuse of‚ or even the good of local and overseas communities. We shall start by looking at the size of supermarkets; Tesco‚ Asda‚ Sainsbury’s and Morrisons “The big four” have more than 3900 stores around the UK (Bevan‚ cited in Allen‚ 2009‚ p. 74). This gives them a lot of market power and as they compete with each other for dominance so they impact on local communities. The
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‘Zero-Sum’Game. Over the past few decades‚ hundreds of supermarkets have been built in towns and cities across the UK. They have become such a powerful force‚ that the four largest supermarkets‚ (Tesco‚ Sainsburys‚ Asda and Morrisons‚ ) take nearly three out of every four pounds spent on groceries‚ in the UK. (Bevan 2006). They have a combined market share of over 73.6% of the UK grocery market. (www.wikipedia.org “List of supermarket
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supermarkets in the United Kingdom. The group also has interests in property and banking. The group has an estate worth about £8.6 billion (March 2007). Till 1995‚ it was UK’s largest grocer (losing to Tesco at the year and was then pushed into third by ASDA in 2003). However‚ the company’s fortunes have improved since the launch of a recovery programme by Justin King (the company’s Chief executive officer) in 2004. They work on to improve and develop their product ranges and to meet their responsibilities
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[pic] Evaluation of Strengths and Weaknesses of WM Morrison Supermarkets Complied by: Karolis Petkus Student number: 2903678 Course tutor: Ian Edwards 2009 Contents or page index: • Introduction …………………………………………………………................ p. 3 • Background ……………………………………………………………….……p. 3 • Current strategy ……………………………………………………………...…p. 4 • Strengths …………………………………………………………………….p. 5‚ 6 • Weaknesses …………………………………………………………………….p. 6 • Opportunities ………………………………………………………………
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Tesco’s Marketing Management Issues & Strategies 1. Summary With the food and drink retail sector being the largest industry in the UK‚ it couldn’t escape being effected by the recent economic crisis of the recession. Consumers were forced to change their buying habits and start budgeting; the front runners in the industry had to pay closer attention to their strategies in order to stay ahead in the market. It is now time for supermarkets to research and evaluate the strategic options available
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