Case Study: Tesco PLC

Nigeria is a country with abundant resources and the potential to be a very powerful nation, but it is hampered by many problems. These problems are caused by Nigeria’s colonization by England. Because of this intrusion on their way of life, their future was altered dramatically. The nation of Nigeria as a whole has suffered greatly as a country because of this colonization, its problem is rooted in the way it was colonized and ruled.

Tesco Plc is a Public Limited Company who securities and shares are included in the stock exchange and list of different countries. In UK, companies like Tesco Plc are registered under the companies Act 1980 and its shared are offered to public in regards of limited liability. In addition, Tesco is associated with retail sector that carries out a majority business of the company and contribute their share in country’s economy to a huge scale. Apart from the retail sector, Tesco Plc faced tough competition all over the world from companies like Wal-Mart, Asda, Sainsbury, and others. Although, Tesco is not in dominating position in the current retail market in the UK, but the company is one of the biggest retail companies working in the UK, North America, Asia, Europe and other. The company

In recent years Tesco diversified its business greatly extended its business from food to non-fooditems .Originally Tesco stared

It communicates the goals of a company to all stakeholders. Tesco’s business was built with a simple mission that is to be the champion for customers, helping them to enjoy a better quality of life and an easier way of living and this hasn't changed. Customers want great products at great value which they can buy easily and it's our job to deliver this in the right way for them. At the centre of everything is our purpose: to serve shoppers a little better every day. If we keep putting the customer at the heart of our business, and ask ourselves how we can help serve them a little better every day, we can build on the momentum we are showing. That's why we've chosen 'Serving shoppers a little better every day' as our new core purpose. As a business, serving customers is at the heart of everything we do from colleagues in our stores to those of us in supporting roles. This purpose guides all our decisions and shapes every action we take. In line with Tesco’s core purpose, the company is recommitted to three values which are; no one tries harder for customers; treating people the way how they want to be treated and every little help makes a difference. Whenever a customer chooses to shop at Tesco, we want their experience to be better than expected and better than the last from the quality of the offer to the thoughtfulness of the

Nevertheless, such facts about Nigeria as fear of Ebola epidemics spreading across its territory, growing rates of corruption, a presence of Boko Haram Islamist group, and a great dependence of the national currency from oil prices stand against drawing Canadian companies to it. In this case, understanding and possibility

Nigeria is a very big country with very diverse culture. There are 36 states in Nigeria,

Reduce their carbon foot print by 50% by 2020. This will be a benefit to Tesco as they feel this will generate new job and business opportunities as it will reduce the costs organisations are currently paying on carbon emissions (The Carbon Year Book, James Richens, September 2010).

This means that each employee of the firm will do its best to help every person who meets and who needs help. For example, the British newspaper THE INDEPENDENT explains that Tesco has developed a new strategy to help its clients to overcome the global economic crisis. Tesco set up a “discount strategy to consumers struggling with the effects of the credit crunch”. It creates the “pay day” strategy (Evans S., 2009). In fact, it tries to simplify the lives of its customers and of its employees. In conclusion, TESCO through its motto is trying to circulate an idea; a habit and a behavior to address face each person; each employee is a sort of flagship of the enterprise; one person is enough to give a bad image, in order that many people think that TESCO is a bad company, all of this is due because of the word of mouth. TESCO has created a corporate culture in order that does not happen with another surface manifestation.

Sainsbury’s have to ensure they make changes regarding customer needs as quickly as possible. This is important because if Sainsbury’s don’t act on customers’ needs they will possibly decline and lose their current market position because customers will go to its competitors such as Asda or Morrison’s etc. This shows that Sainsbury’s have to make decisions as soon as possible in order to maintain their position in the market and to be better than its competitors through improvement. This will also contribute to Sainsbury’s keeping a good reputation which will also help to attract new customers.

Initially, Tesco has tried to do many things to help people including both internal and external stakeholders. According to Inman (2013), Tesco decided to increase the wages of their workers, which their reason was to return their profit back to their employees. However, there is still a conflict on how

For that, we chose Tesco a very well established multinational company. Our goal is to expand Tesco’s operations in Greece.

TESCO is top leading retailer in UK. It manages over a thousand supermarkets, hypermarkets, and convenience store in the United Kingdom, Ireland, central Europe, and Asia. TESCO started life in 1919 when Jack Cohen started surplus groceries from a stall in the East end of London. MR Cohen made profit of 1 from sales of 4 on his first day. TESCO brand first appear five years after in 1942 when he bought shipment of tea from a MR T. E Stockwell. From that time TESCO slowly improve in retail business and now they are take top position in UK retail business. Tesco aim is provide best products for their customer and make sure about customer requirements.

oil in Nigeria. Nigeria’s large supply of high quality crude oil helped Shell climb to the top,

Before we begin, let’s take a look at the country and its environs. Nigeria a former British Colony, located in the western part of Africa, it shares borders with Benin, Cameroun, and Niger. A growing population of 150million, labour force of 51million (70% Agriculture, 10% industry and 20% service), urbanisation is less than 40%, GDP is over $300billion, Per capita income is $2300. Nigeria is blessed with different cultures, languages and ethnic groups (252 in total); this was due to the colonization of the British in the early 19th century (Columbia Encyclopaedia). The British amalgamated its protectorates in 1914 to enable stable control and governance which made them create one Nation of Nigeria formed from all the groups, community and empires around the Niger area under their control. Nigeria had her independence on the 1st of October 1960 and since then various civil wars, political and religious unrest in the country to share power and resources amicably.

Another perspective which was being concern and value by Tesco is the community perspective. Tesco’s success comes from behaving responsibly and earning the trust of customers, suppliers and stakeholders. This built the community which lead to the development of the community perspective in its Corporate Steering Wheel. Tesco integrate these principles of community perspective into the day to day management of their business. It actively supports local communities, caring for the environment, giving customers a healthy choice and others. It is important for Tesco to be a good neighbour in area where it is operate since Tesco store are often in the heart of the communities.