n the different types, size and scope of organisations.

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Tesco Background information

Tesco is one of the leading retailers within the UK industry, and is also one of the largest food
retailers in the world. Tesco store was founded in 1919 when Jack Cohen started selling additional
groceries from a stall within the East End market of Brixton which is in London. On the first day Mr
Cohen made a profit of 1 from sales of 4. However, the Tesco brand become visible in five years
and then later within 1924, when Mr. Cohen bought a shipment of tea from Mr. T.E Stockwell. Which
was then combine later with the initials letters to form Tes-co and Mr Cohen opened a flagship
Tesco store in Burn Oak, North London.
In 1930's the Tesco brand continue to rise and Mr. Cohen has decided to build a headquarter
warehouse within the north London, and within 1932 Tesco become a private limited company
(PLC). In 1947 Tesco stores (Holdings) Ltd has floated to the top of the stock market with a share
price of 25p. By Tim Clark8:11AM BST 15 Apr 2008
(They also sell non-food products such as clothing and electrical goods. Tesco also employs about
326, 000 people and operating around 2,318 stores within the UK, Europe and Asia. Tesco is based
in Cheshunt, Hertfordshire Abstract from :( www.datamonitor.com)
According to (tescocorporate.com) the company group has recorded their revenues of 42,641
million during the year of 2007, and raise 8.1% over 2006. They also made a profit 2,648 million
during the financial year of 2007, and raise 16.1% over 2006.
(Spulber, 2007) mention the company net profit of 1,892 million within the financial year of 2007,
and raise 20.5% over 2006.
Tesco has started the company has a grocery store, but has consequently expanded into the market
with a wider variety of retail; Tesco has also enhance the store with a wide range of services. Which
has included insurance, travel agency, and telecom, financial and other products? Tesco also has
the influential petrol retailing business. However Tesco is predominantly present within the
supermarket and also the hypermarkets, which they have, being diversified greatly through their re-
evaluate period. The company has continuation operations which is constantly that include several
numbers of conveniences and petrol retailing through the Tesco Express fascia, their small high
street outlets via the Tesco Metro, supercentres through the Tesco Extra and non-food specialists
through the Tesco Homeplus as well.
Their financial services do exist through the finance of Tesco personal finance and their online
delivery services. According to (Thomas, 2007)
Number of locations: 6,553 stores (2017)
Products: Supermarket; Hypermarket; Superstore
Number of employees: 476,000+ (2017)
Net income: (54) million (2017)
PURPOSE.
Tesco's Core Purpose off their website.
Our business was built with a simple mission to be the champion for customers, helping them
to enjoy a better quality of life and an easier way of living. This hasnt changed. Customers want
great products at great value which they can buy easily and its our job to deliver this in the right
way for them.

Thats why weve chosen Serving Britains 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.

In the UK, we serve some 66 shoppers every second, so its our goal to ensure every one of
those customers experiences just a little better service on each visit.

Project's Tesco's are advertising-

Car insurance
Home Insurance
Motorbike insurance
Travel insurance
Pet insurance
Life Insurance
Health Insurance
Dental insurance

Tesco provide the following credit cards:

CLUBCARD credit card
Bonus credit card
Business credit card

5 MAIN OBJECTIVES.
Objective one
- to maximise sales and with doing so increase their profits. If Tesco to maximise their sales the
second half of the aim (increase their profits) will happen on its own.
Objective two
decrease their prices. Tesco aim to make shopping cheaper for the average household. They
aim to do this by cutting prices and offering more in store deals. They may have many different
objectives in order to reach this aim.
Objective three
introduce more healthy eating products into the wide range of groceries they supply. The
advantage of introducing more healthy living products is that Tesco will; attract many more
customers that are interested in healthy eating products, make Tesco an established business
four providing healthy eating products.
Objective four
Tesco aim to develop a large Internet shopping site. Tesco aim to provide groceries,
electronics and clothing goods as well as a number of their services online. Tesco are aiming to
develop the online shopping experience, if they are successful in doing so they may attract
many more customers which will help them achieve objective one.
Objective five
to provide jobs to their local community. Tesco aim to reduce the unemployment in local areas
where Tesco Stores are built.
TESCO- PURPOSE, AIM AND OBJECTIVES.
SMART OBJECTIVE
S
- It is specific; it clearly states that they have seen a slight increase of 3.7% in the staff accident
rate within distribution and that they are already taking steps towards tackling this and are
confident that they will meet it. They know exactly what there target is and are aiming straight at
it.
M
-It is measurable; Tesco are measuring this with precise figures. They have stated that they
seen a slight increase of 3.7% in the staff accident rate. This tells me that they are recording
accidents and measuring progress. I feel that this is a positive step towards tackling health and
safety within the Tesco distribution.
A
-It is agreed; Tesco will make sure that all the employees of the Tesco distribution will be aware
of this aim and what Tesco are doing to achieve the aim. Tesco will make sure that all
employees comply with precautions put in place to keep the accident rate low.
R
-It is realistic; Tesco know that this is a realistic aim because there customer accidents and staff
accidents within stores are down by a high percentage. So Tesco realise that it is realistic to be
able to reduce injuries within distribution by putting extra precautions in place.
T
-It is time constraint; Tesco have set themselves a 3 year period in which they want to achieve
this aim in. So this means hat the aim is time constraint to 3 years.
Tesco provide personal loans and mortgages.

Tesco provide the following saving accounts:

Internet saver
Instant access savings
Child trust fund

Tesco provide the following services for travel:

Travel insurance
Travel money
Euro car breakdown cover

TESCO COMPANY ORGANISATIONAL

STRUCTURE CHART EXAMPLE
ORGANIZATIONAL CHART EXAMPLES NO COMMENT MAY MENG
Tesco is a British multinational grocery and general merchandise seller
company. Its headquartered in England. Tesco follows a hierarchical
organizational structure. In this structure, positions and obligation are
divided into many parts to ensure work will be done efficiently and smoothly.
The ones at the top of the business pyramid have the maximum
responsibilities and authority.

Tesco Board of Directors consists of 10 members and significant changes take

place in the Board during the financial year 2014/2015. These changes include
that John Allan is appointed as the Chairman of the Board, Dave Lewis is to be
assigned as CEO, Alan Steward is to be the new Chief Financial Officer, four
Non-Executive Directors are to retire and here comes the three new Non-
Executive Directors.

As it is shown in Figure 1 below, Tesco organisational structure is constructed

with five committees reporting to Tesco PLC Board. 11 members in Tesco
Executive Committee are led by Group Chief Executive Dave Lewis. Tesco
organizational structure chart is highly hierarchical showing its wide business
scope.
 Figure 1. Tesco Corporate Governance Structure chart

The Figure 2 below is an organisational structure chart example at store

level. Its often questioned that four layers of management within a store can
generate annoying bureaucracy with a bad effect on coordination and
collaboration among managers. So its suggested that reducing layers of
management must be done as soon as possible to create more flexibility and
faster flow of information.