CASE STUDY Tesco - TNC
- Created by: gina1997
- Created on: 06-05-14 17:31
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- Tesco - TNC
- Background Info
- 1919 - the tesco grocery stall run by jack cohen in east london
- 1956 - first self - service supermarket opened in Maldon
- 1970's/80's - success followed, due to the diversification into new markets e.g electricals, toys and home
- Where?
- Ireland (95 stores)
- Hungary (101 stores)
- Thailand (370 stores)
- Japan (109 stores)
- tesco's products are usually manufactered in low-wage countries
- Employs more than 450,000.
- In the last ten years it has become the UK's leading retailer and major TNC
- Impacts
- Social and Cultural
- Created over 450,000 jobs for people across the world
- Has spread different cultures around the world
- Pays attention to local cultures and uses local supply chains for the stores in that certain place
- A "wet" market in Thailand allows customers to rummage through produce to choose what they want which is the way Thailand's customers prefer to shop
- Social and Cultural
- Impacts
- Environmental and economical
- tesco releases a lot of greenhouse gases through shipping goods around the world
- Have said they are going to reduce packaging on it's own-label products
- UK's leading retailer because of it's quadrupled profits
- Many of overseas employees are managers who recieve good wages
- Environmental and economical
- Background Info
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