Leadership and Management Styles of Tesco

CONTEXT OF BUSINESS
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Table of Contents
INTRODUCTION...........................................................................................................................3
History..........................................................................................................................................3
Present plans................................................................................................................................3
Leadership and management styles of Tesco...............................................................................4
Cultural Styles that impact on Tesco...........................................................................................5
Management practices that Tesco follows are given below.......................................................6
RECOMENDATION ......................................................................................................................6
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8
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INTRODUCTION
Tesco is considered as the one of the largest grocery as well as commercial chains within
the world both in the terms of yearly income and number of stores (Rosemann, Recker. and
Flender, 2015). This international company has a dozen of stores within countries that includes
both the Asia and Europe regions . Further Tesco has plans to expand its business. Present report
lay emphasis on the History of the Tesco, present plans , Tesco's vision. It also focuses on the
leadership styles such as aristocratic ,democratic ,Impact on the culture of the organisation and
many more.
History
Jack Cohen is the founder of the Tesco. Company is much older than we think. Jack Coehon had
idea on creating grocery store chain and his dream came true step by step. He opened his first
official store in 1930 due to his good management as well as selling skills. The stores opens in
Barnett's Burnt Oak. From this point history of Tesco developed very dynamically. After some
time it had been growing rapidly and dynamically as opened about around more than one
hundred stores (Shi, Li, . and Bigdeli, 2016). Cohen applied business politics which is quite
easy ,according to him buy the smaller grocery stores as well as sells everything at the cheaper
rate than it used to be. This idea becomes the instant success. Company's expansion from this
point was unstoppable also it went ahead to buy larger groceries chains that resulted within the
instant gaining dozens of stores together (Shi, Li, . and Bigdeli, 2016). Tesco has also supply
good as well as cheaper supplier systems and this also assures the good prices. Now Tesco has
covered more than 5000 stores all over the world. The politics of cheap products started a change
when management of Tesco realized that it would be crucial to get the attention of those people
who needed for the quality products (Wang. And edt.al., 2016).
Present plans
Tesco becomes the large commercial chain within the many European countries ,It
continues to bring the diversified products that includes the advocating of healthy products as
well as selling of bio products. The countries where it is Successful is Slovakia, Hungry and
Poland (Souto, 2015).
Tesco consider as the third most the largest retailer within the world. The core business
established in the United Kingdom. It provides 60% of its sales as well as profits.
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