answersLogoWhite

0

Tesco aims to make a profit to ensure its financial sustainability, enabling it to invest in growth, improve services, and enhance customer experiences. Profitability also allows the company to reward shareholders, attract investment, and maintain a competitive edge in the retail market. Ultimately, profit supports Tesco's long-term strategy and operational stability.

User Avatar

AnswerBot

4w ago

What else can I help you with?

Related Questions

How much profit did Tesco make last year?

how much profit did tesco make last year


How much profit did tesco make in the year 2007?

they made £5.00


How much money do tesco make approximately?

Tesco make around £3 Billion per year profit They make around £2,000 every second during high shopping times. £5 a second goes down is profit!


Why have Asda and Tesco got different Aims and Objectives?

because tesco just want to make money


How much profit do tesco make?

Tesco's profits can vary significantly from year to year. For the fiscal year ending in February 2023, Tesco reported a pre-tax profit of approximately £2.1 billion. This figure reflects the company's performance in a competitive retail environment, influenced by factors such as inflation and consumer spending patterns. For the most accurate and current profit figures, it's best to refer to Tesco's latest financial reports.


How tesco get profit?

customers buying things


What is tesco's purpose?

tesco's purposes are : to invest money and make large sums of profit, to put more of their own stores around the whole world, and dominate the general market!


How much money do tesco make?

Tesco IS a very big company and they actually make on average £3 Billion per year profit. Statistics suggest that across the UK they can cash up to nearly £2,000 per second in high shopping times. £5 a second of which goes down as profit.


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 will you bring to tesco and why you want to join tesco team?

I dont want to join the Tesco Team


How much profit do tesco make per year?

As of 2023, Tesco's annual profit varies, but in the fiscal year ending February 2023, the company reported a pre-tax profit of approximately £2 billion. This figure can fluctuate based on factors such as sales performance, operating costs, and market conditions. For the most accurate and recent financial information, it's best to consult Tesco's latest annual report or financial statements.


Is tesco for profit?

Yes, Tesco is a for-profit company. As one of the largest supermarket chains in the UK, it operates with the primary goal of generating profit for its shareholders while providing goods and services to customers. Tesco engages in various business strategies to enhance profitability, including expanding its product offerings and improving customer experience.