Report on Business Information Systems- Tesco company
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Added on 2020-02-05
Report on Business Information Systems- Tesco company
Added on 2020-02-05
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Table of ContentsINTRODUCTION...........................................................................................................................31. Competitive strategies of Tesco.........................................................................................32. Information system different method for monitoring the Tesco business..........................43. Frameworks of 6C's in information system........................................................................54. Importance of information system......................................................................................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONThe Business information system relates to innovative techniques and tool which areessentials for every business for stable in market area with effectiveness manner. Businessinformation system is refer to collection of data with proper manner which can be utilized whenit needed. Therefore, it is necessary as present commercial enterprise scenario because it assist toeffective operation for taking market advantages. Tesco is valuable brand name UK territorieswhich share around 45% of grocery market (Yeh, Lee and Pai, 2012). Therefore, thisorganisation has being growth continuously as other competitor. In this report consist of detailstrategies of Tesco company which it used in market for making influence in market withattractive manner. 1. Competitive strategies of TescoIn the present period this company share large part in retail market. It operate in worldmarket where large number store has been opened with fair manner. Therefore, it is possible by itsome competitive strategies which are as follows:Cost leadership – Strategies for provides product in lower price is the main reason of itssuccess. It directs order to manufacture of product therefore, it gives product in less priceso that more consumer attract to this supermarket (Österle, 2013). On the other hand, italso gives a special discount to regular patron by issuing electronic card which requiredto swap when they buy item. Apart from this, Tesco is a cost leader of good on UKmarket because it order received in large quantity then other competitor. Moreover, othercompetitor not able to gives a same price as Tesco enterprise. On the other hand, itsoperation are effective which based on proper method and techniques (Zikmund and et.al., 2013). Therefore, it helps to reduce the cost of product which available in lower costto every consumer with best class quantity. Innovation – it gives priority to innovation further, it always trying gives something newto their consumer. Therefore , it also accepts order on telephone and direct manner. Onthe other hand, it launches its Owen website for sale item at direct home by clickingoption (Power, D. J., Sharda and Burstein, 2015). Along which, it does not levy anydelivery charges for order item. Apart from this , it gives online sales facilities to theirconsumer before their competitor therefore, this strategies become more attractive forcompany which gives at least 3.26% net profit which record in year 2015 that is much
higher than other smilier organisation. It also launches own website in year 2000 whichmuch earlier than other enterprise (Amit and Zott, 2012). Therefore, it offers to consumerproduct and service at home delivery with proper manner. On the other hand, it alsodelivers good and product via application mode. This service launches by enterprise forsmartphone user. Its main purpose is to offer Product differentiation strategies – Tesco offer various of item other than groceryproduct like shoes, clothes, sport item etc. moreover, more product in one roof attract tolarge number of consumer with effective manner (Ward III, Hancock and Macrae, 2014).These strategies give new market and consumer to company. Therefore, this plan makedifferent to company than their competitor and create effective image in client mind.Apart from this, it offers different range of product to their client at one roof. It directlycontracts with large concern for availabilities of product at store and online platform.Therefore, these strategies of company gives more benefits to enterprise for connect largenumber of patron. In pastime it was just deals in grocery product but it grows their scopein present time because it deals in every product like electronic, cosmetic product, loanfacilities etc. hence, most of product cover by this company increasing the number ofconsumer with large amount. 2. Information system different method for monitoring the Tesco businessIn the present time period, management used various system for purpose of effectiveoperation. It monitoring all activities in business environment with proper manner. Somesoftware used for effective utilization by Tesco is as follows:Transaction monitoring software – Tesco install this type of software at every store forpurpose of maintained reliable and effective transaction (Demirkan and Delen, 2013).Therefore, it consists whole record relates to whole activities like cash received, tax,return etc. so this company can manage their operation properly with scientific method. Consumer communication – It maid a soft ware where Tesco consumer cancommunicated to each other without paid any cost. These strategies attracting to morepatron and increasing brand value. Application – It launches application for smartphone user. In this, enterprise display allits product with price and offer discount on whole product. Therefore, it directly connects
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