Tesco
- Created by: Eleanor
- Created on: 26-03-13 16:26
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- Tesco
- Corporate Social Responsibility
- form of contributions of its pre-tax profits to charities/local community organisations.
- Tesco do a "computers for schools scheme", offering computers in return for schools and hospitals getting vouchers from people who shopped at Tesco.
- "Change for Good" as advertising
- Greenpeace report Tesco in China were selling vegetables that contained illegal pesticides or at levels exceeding the legal limit.
- Ofcom report of child slaves said to be unsupported
- Government Policies
- Ofcom report of child slaves said to be unsupported (minimum wage)
- Leadership
- Sir Terry Leahy
- The customer must come first
- Worked his way up, non private school, no flash cars.
- chats with junior staff and takes in their views.
- Economy
- with the credit crunch the announced changes in paying their suppliers from 30days to 60 days.
- Mission
- Competitors
- Market share = 30.2% in march 2012
- They have huge buying power. Tescos can stop some deals with of other supermarkets with just one phone calls
- pride themselves on bulk buying . lower variable costs than others.
- International Expansion
- Entering into joint ventures with partners, such as Samsung Group in South Korea (Samsung-Tesco Home plus).
- Emerging markets
- sales declined 1% in the second quarter. In china
- They are even planning to expand online for 50 Chinese cities this would give them a huge increase in potential customers
- there is still significant opportunity for future growth in China
- Corporate Social Responsibility
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