Tesco is an internationally sized company, having multiple stores in Europe, Asia and North America. They have 6,351 stores worldwide and 3,376 in the UK. Tesco’s ownerships is owned by multiple different partners, Tesco is owned by thousands of people because Tesco is a PLC and is owned by shareholders who fund the company. Since they are a PLC this results in them having limited liability, if they go into debt then the owners are not liable for that debt, it is only up to the business. The purpose of Tesco is profit maximisation; their goal is to grow and maintain the number of retail in the UK and to provide goods and services that are cheap and affordable to the general public. The main reason for their success is that they meet customer’s
