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A Brief History Of Tesco Supermarket Business Essay

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Added on  2020-10-23

A Brief History Of Tesco Supermarket Business Essay

   Added on 2020-10-23

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A Brief History Of Tesco Supermarket Business Essay_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................11. Brief History and summary of retail industry and Tesco plc with rationale............................12. Vision, leadership style and management practices with various strategies for growth andimplementation of theories within Tesco plc...............................................................................23. How the above discussed measures are been achieved and implemented by Tesco plc.........44. Recommendations for improvement........................................................................................5CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................7
A Brief History Of Tesco Supermarket Business Essay_2
INTRODUCTIONBusiness is an activity where an enterprise offers a finished good or service to customeror buyer in return of profit or monetary gains. Carrying out effective service to meet thecustomer needs is the basic aim of a business. Effective business operations can be executedusing the strategic management measures and leadership with use of various theories. Thepresent report is presented in respect to UK based retail enterprise, Tesco plc. The report willprovide a brief history and summary of business with a rationale. The vision of the organisationis discussed with leadership styles and management practices. Also the implementation of thesemeasures with the selected enterprise and suitable recommendation for improvement is beenpresented. Other than this, proper designing and development of the organisation is been carriedout.MAIN BODY1. Brief History and summary of retail industry and Tesco plc with rationaleTesco plc is a UK based retail enterprise that is headquartered in Welwyn Garden City,Hertfordshire, England. It is the world’s third largest retail enterprise on the basis of revenue andone of the leading retailer in UK. The firm is one of the major market leader with the extensiveproduct portfolio and loyal customer base (Bhamra and Lofthouse, 2016.). This helps theorganisation to carry out their merchandising based services and activities in much effective way.Besides this, the organisation is also known to operate in many other sectors too apart from theretail sector like banking, publication and telecommunication. All these operations are turned outin practice on the basis of strategic planning and effective leadership that helps the selected retailenterprise to improve the quality of operations and gaining the trust level of their customers.Suitable planning is based on the growth measures undertaken by the organisation will help inimproving the sales and overall growth of the organisation. The effective planning will beperformed by management of Tesco plc in order to carry out the business operations in aneffective and planned manner (Ballantyne and Povah, 2017). This will not only lead todevelopment of organisation but also facilitates the growth or rise in the people’s satisfaction andwell-being. Effective planning of the operations and leadership will be carried out that will lead tosuitable planning of the operations which will help in proper rise in meeting the stakeholdersneeds. The implementation of variety of management and leadership policies and activities will1
A Brief History Of Tesco Supermarket Business Essay_3

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