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very big they earn lots of money around england
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∙ 12y ago
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When did tesco start its business?
Tesco started in 1919 by Jack Cohen
What does indirectly competitive mean?
A business that is the opposite to the business you are writing about. For example Tesco and Asda are direct where as Tesco and coca-cola and indirect
Why does tesco have aims?
A business without aims is a business planning to fail
Can you operate your business under tesco franchise?
No
Why did tesco become globalised organization?
business
Is tesco an ethical business?
yes because it is
What is tesco's size?
large..... they are well known
Why do you call a business a small business?
This depends, while you could hardly call a local store a big business due to the size of jobs created, i mean you have a shopkeeper and that is it. Whereas if you look at tesco or ASDA you can hardy call them small business due to the size of employment they have they have more than 1million employees each due to the national expansion that they have
Does Tesco personal finance have good customer service?
Tesco personal finance, just like any other business or faculty, offers customer service to the people who give them business. I believe that Tesco takes time in their service to help customers.
Why should businesses have a relationship with other businesses?
This is the important part of the business. Every business have their competitor, owner of the business must be have good relationship with their competitor. for example, Tesco is big business, Tesco have lots of competitors. Tesco sells lots of different products of different companies. if they sell Walkers' products so Tesco need to have good relationship with Walkers' owners, because Tesco have to make profit, they can make profit by selling their own and Walkers' products. So, it is necessary to have good relationship with other businesses.
What are the disadvantages of running a business like tesco?
The disadvantage is that it is a lot to handle where there are many stores that needs to be controlled and there is a lot of pressure due to the standards of opening up a business like Tesco.
What is the main purpose of tesco?
The primary function of any business is to make money and invest; if it doesn't do that, it can't exist. Tesco is a major retailer in grocery and general retailing. Specifically, Tesco's mission statement is to Retain Loyal People. However, of course the business will not have any customers if the business is not operating well. Shareholders will not invest money in the business if the business hasn't got any customers. The company will not be able to afford to have any employees working for them if they haven't got money being invested in the business. For Tesco to expand their business, they have to make sure that they get enough profit to be able to open that business.
