Business Essay

807 Words May 29th, 2016 4 Pages
Activity 1: Business 1

The business I have chosen for this task is Tesco. Tesco was founded in 1919 in Hackney, England by Jack Cohen and started off as a group of market stalls. Tesco’s headquarters are based in Cheshunt, England but it has many stores around the UK and also has stores in countries across Europe such as France, Hungary and Poland. It is the second largest retailer in the world measured by profits and if measured by revenue it is the third largest retailer in the world. Tesco has a variety of stores such as Tesco express, Tesco metro, Tesco extra and Tesco homeplus. They do not only sell groceries but they also sell electrical appliances, home appliances, entertainment items, cosmetics and much more. Tesco
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-Wanted and needed around the world Tesco believe that they should not only be a choice for customers but a place where people would feel comfortable and welcome to visit work and invest.
-A growing business and full of opportunities Tesco want to continue growing as a business and create opportunities for customers to be offered something new every time and try their different products and services such as banking, entertainment, home appliances and much more.
-Modern, innovative and full of ideas Tesco think that it is vital to understand the needs of their customers more than anyone else’s. Then using their ideas to make things easier for their customers. One way Tesco has made shopping easier for their customers is by introducing online shopping which enable customers to do their shopping while in the comfort of their own

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