Tesco Case Study

Decent Essays

Tesco first started in 1919 by jack Cohen, the funder. He started selling grocery in stall in east London, he raise £1 as profit from a sale of £4 the first day. Today Tesco is one of the biggest UKs plc with more than 89000 employees globally and it is still growing.
Tesco is an international company they supply their products in more than 14 countries includes china, japan, Malaysia, Thailand, Mexico and many more. They have more than 2500 stores in all around the world.
Tesco is a public limited company, it is national and it based in every local borough of London. Tesco come from the tertiary sector because it does not make products by themselves but it mostly provides a valuable service that consumers and other business are willing to pay for or use. Tesco sells different types of products. Other businesses who have their own product can buy shares inside the shop floor and sell their products in order to makes their own profit. For e.g. the Tesco supermarket have specific section for cultural products/foods that people usually have to travel or import from different places to find and buy them. Tesco made it easier as they sold shares to business that provide cultural/food products for the benefit of the customers and it will make it easier for them to find their own goods in public limited companies.
The main purpose of Tesco is making profit and increasing their business globally. Their 2nd purpose is to help people to save money by selling their product

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