Tesco Plc And Public Limited Company

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Business Organisations Task 1: TESCO Plc (public limited company) is a British multinational grocery and general merchandise retailer. It is the third largest retailer in the world measured by its profit, and its second measured by its revenue. TESCO Plc is owned by shareholders who fund the company. The general public can buy shares in the company and then become shareholders; this method allows TESCO to gain funds. The reason I would choose to locate TESCO in the new business park is because TESCO is the grocery market leader in the UK, it has a market share of 28.4%. TESCO have competitive prices and many people shop at TESCO, this means it will grow the local economy. TESCO rely on their employees to provide a service to their customers. TESCO have 500,000 (2015) and I believe that having a TESCO in this business park will create more jobs. TESCO’s core purpose is “to be the champion for customers, helping them to enjoy a better quality of life and an easier way of living”. I would also locate a National Health Service (NHS) Hospital at this business park. The NHS is primarily funded through taxation with a much smaller funding provided through. They provide a comprehensive range of health services; the vast majority are free for people legally resident in the UK. The NHS is in the public sector and is a not for profit organisation. It was founded in 1948. The aim of this business is to provide a service to the community. The NHS have 1.4 Million employees and I
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