Tesco plc is a public limited company (a company that offers shares to the general public and has limited liability). Tesco is a British multinational grocery and general merchandise retailer headquartered in the UK with over 476,000 employees in 11 countries. Tesco offers a wide range of products and services from groceries, household products, clothing to travel insurance. The British Red Cross Society is a not-for-profit organization (this type of organization does not earn profits for its owners
Q1. Data and Information available to Tesco (make reference to the products , locations and operation Company Profile Tesco, Britain’s current major grocery store (Retail Economics, 2014) and the current second largest retailer in the world behind Wal-Stores in the Top 25 ranking of retailers in the world ( Supermarket News, 2014). With an international headquarter in the United Kingdom; the company currently operates almost seven thousand stores in two continents and a workforce of around five
planned, unplanned, radical or transformational. Organizational change and its management have a pervasive affect and impact on all activities of an organization and this is exactly the reason for which this report is prepared. Simply speaking, the purpose
Competition Act 1998 which is one of the major source of competition policy in United Kingdom (UK), is enforced by Office of Fair Trading (OFT). There are two main types of anti-competitive behaviour addressed by the act, which are anti-competitive agreements and abuse of dominant market position. The purpose of the act is to encourage and improve the competitive process between businesses, and to ensure the benefits of consumers during the competitive process (Business Case Studies, n.d). Competition
There are more sole traders in the UK than any other type of business. The advantages of sole traders are: easy to set up a business, has complete control over the business, able to keep all the profits as there are no partners, personal service in terms of getting to know the customer & ensuring that their needs are met, privacy since the businesses financial information doesn’t need to be published (except to the inland revenue for tax purposes) However there are disadvantages such as: unlimited