EXPLORING BUSINESS ACTIVITY
1.0 Terms of Reference
For this assignment I been asked by the manager to produce a formal report for two contrasting organisations Tesco and Cancer Research UK.
2.0 Procedure
In order to complete this assignments I need to gather as much information as I can from different sources, such as course notes, internet and a Newspaper.
3.0 Findings
The two organisations chosen are Tesco and Cancer Research UK.
3.1 Tesco
3.01 The Type of Organisation
Tesco is a Public limited company (PLC), which means it is owned by shareholders and it is in the private sector Also known as the for-profit sector and Activities outside the public sector organizations and businesses that provide services and products based on market demands for a cost with the purpose of producing a profit for owners and shareholders in the organisations. Tesco is the biggest employer in the UK with over 250,000 employees and over 1,800 stores.
Product innovation is not limited to Tesco’s food ranges, but its growing non-food ranges too have introduced choices of many new product lines: from sporting goods including equestrian equipment to new ranges of ‘homeware’ and recently PC software.
Tesco also has various and wide range of products and that is to meet customers’ needs of whatever customers intend to buy, nearly whatever customer intends to buy would find it underneath one ceiling (at Tesco). On the top of selling groceries Tesco sells others products such as, books, CDs, DVDs to buy, DVDs to rent, games, flowers, electronics, cosmetics, etc.
There are also services that Tesco sells for example, Telecoms, such as internet- broadband, internet- dial-up, home phone, mobiles on contract, mobiles on pay a ...