Tesco: Pros And Disadvantages Of An E-Business Strategy

Improved Essays
I. INTRODUCTION
Business has been progressively electronized throughout the industrial revolution. The advent of electric sorters, typewriters, and the early computers has been effected organizational efficiencies. It is the most cost effective processes. The advent of computers has substantially changed the efficiencies of back office processes, initially focusing on natural applications that replaced manual labor, such as utility billing and corporate payrolls. After labor-saving applications, business started to focus on analytic efforts such as management information systems, decision support systems, and executive information systems. With the advent of personal computers, the productivity enhancements focused on the desktop and white-collar processes.
According to Steven Alter, E -business is the practice of the implementation and
…show more content…
This report will include the purpose of e-business strategy, the benefit that is gained by Tesco after using e-business strategy, and the impact of its business.
II. TESCO’S BACKGROUND
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. The Tesco brand become visible in five years and later in 1924 when Mr. Cohen bought a shipment of tea from Mr. T.E Stockwell. Which was then combine with the initials letters to form Tes-co.
According to tescocoporate.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

Related Documents

  • Improved Essays

    Assignment Unit 1 Task 1: Businesses on our Doorstep. SAINSBURY’S The History and its Business Activity Sainsbury’s was first established by John James Sainsbury alongside with his wife Mary Ann Sainsbury in 1869 as a minor dairy shop as their first shop on London’s Drury Lane to what has now developed into becoming one of the leading national retailers in the UK. A national business is one that is located all around the UK rather than being a business that is only allocated in one area of the UK. By the 1970’s, they were the first store to introduce the first bakeries, fresh fish counters and petrol stations into their stores.…

    • 673 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Information technology has influenced businesses in the global marketplace. Companies have more opportunities to find low-cost supply chains around the world and, thus provide goods and services at affordable prices. To compete in the global marketplace, Johnnie should think of strategies how to incorporate new technology in their business processes in order to lower costs and increase productivity, efficiency, and effectiveness. She can also differentiate her store by innovation. For example, she can provide a virtual tour of the store, a cultural event during the holidays, or give a prize to a person who posted the best picture on the store web…

    • 515 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Introduction In this task I will be talking about stakeholders. I will discuss how the different stakeholder will influence a business and why they’re interested in the businesses finances & any other operations. Stakeholders can be anyone that has an interest in a business. They are individuals, groups or organisations that are affected by the activity of a business.…

    • 775 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    The Government has a great impact on Tesco. The government show interest in Tesco through taxes. If Tesco prospers as a company and becomes more profitable, then more tax needs to be paid to the government, benefiting the economy. The policies and legislations influence Tesco as it may prevent them from saving costs, but they also benefit from the infrastructure, schemes and low-interest loans that are provided by the government.…

    • 158 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Background of Debenhams Plc In 1905 Debenhams Ltd was incorporated. The involvement of the Debenhams family finally ended and the business became a public company in 1928. Debenhams is a leading international multi-category retailer with a proud British heritage which trades out of 240 stores across 28 countries. And this year it tries to force on its online stores at present. In this year, consumer products of Debenhams include womenswear (17%), menswear (14%), and children’s wear (9%), lingerie (6%), accessories (14%), beauty (24%), home & furniture (12%), Food (3%) and other (1%).…

    • 146 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    Davita Case Study

    • 1176 Words
    • 5 Pages

    ASSIGNMENT 1- Da Vita HUMAR RESOURCE MANAGEMENT SEMINAR HMRT-887 Reshma Shivdasani- 1053319 I. Discuss DaVita 's business strategy in light of internal and external factors that we have been discussing in class, and be sure to do a SWOT analysis. The attached industry report and your own research may provide relevant data. Vision of the company: Building the greatest dialysis company the world has ever seen.…

    • 1176 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    There are four major types of competitive market structure, these include: Perfect competition, Monopolistic competition, Oligopoly and Monopoly. The competitive market structure an organisation belongs to is determined by the nature of their product, the number and size of other firms in the market and the entry and exit conditions of that market. The two organisations I will be comparing and contrasting are Tesco and Sainsbury’s which I believe belong to the Oligopoly market structure. The market structure an organisation belongs to is very important because it can determine the firm’s behaviour and performance.…

    • 776 Words
    • 4 Pages
    Improved Essays
  • Brilliant Essays

    The next best practice is information management. The author believes that technology is not the answer but an enabler for companies to manage their information as an asset. The main purpose of managing information as an asset is to benefit the customer. "There has to be a sustained commitment to change attitudes and behavior if technology is going to help in leveraging information assets for the benefit of the customer." (Unruh, 1997)…

    • 3010 Words
    • 13 Pages
    Brilliant Essays
  • Improved Essays

    Possible reasons for success Tesco PLC and RSPCA The six ways of the reasons for success is being innovative, meeting customer needs, identifying new customer needs, continuing to meet needs of existing customers, being entrepreneurial and importance of having a strong vision. Being innovative Being innovative means that coming up with innovative ideas for products and services. This can be improving on existing ideas to attract more customers to improve on the sales, so this would improve on the levels of profit. Also for a business being innovative can also mean fixing a problem of what they’re doing wrong in terms of products and services.…

    • 1098 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    In this report I will clarify about two contrasted businesses that are different in their ownership, Liability, expenditure, scale, the sector they are operating, scope of activities and size. The two businesses that I am researching about are Tesco and Nike which I thought they are really contrasting to each other. Nike is the world's largest supplier and manufacturer of athletic shoes, apparel and other sports equipment whereas Tesco is a British multinational grocery and general merchandise retailer with headquarters in UK. It also operates in 17 different countries which in USA have known as (Fresh and easy).…

    • 1437 Words
    • 6 Pages
    Superior Essays
  • Great Essays

    The company Waitrose faced two political environments, one in the United Kingdom and the other in South Africa. The government was stable in the UK and in South Africa but there was still different in many ways, which in turn create drivers of change. South Africa was chosen by the company to outsource its citrus fruits. In order to maintain the quality of products Waitrose created a Foundation in South Africa for the welfare of the farmers. The trade policies, foreign trade regulations were favourable for the growth of Waitrose as the company believed in quality and honest pricing; they also hold a Royal Warrant with Queen.…

    • 3409 Words
    • 14 Pages
    Great Essays
  • Great Essays

    CHAPTER I INTRODUCTION In today’s business, e-business is very common for utilizing information and communication technology to support all the activities of the business. E-business is a business that runs via online, it is including buying and selling of goods and services through the internet. With e-business, companies are able to link their internal and external data processing system to be more effective and efficient.…

    • 1456 Words
    • 6 Pages
    Great Essays
  • Superior Essays

    The University of Leicester MSc Banking and Finance Risk Management Coursework (word count:) Group Member: 1. Summary Tesco was established in 1919 and now it has become the biggest retailer in Britain, ranking as one of the top three global retail enterprises. Tesco also develops its business in 13 countries worldwide, has more than 500,000 employees, and provides services for more than 5,000 customers every week. Its business covers retail, finance, gas station, telecommunications, medicine and other fields. In addition, Tesco also actively expands the online retail business popular among customers.…

    • 2210 Words
    • 9 Pages
    Superior Essays
  • Improved Essays

    Executive summary With the change in economic environment, technology is also changing. In the recent few years, the number of smart phone users has increased rapidly. The Smartphone has created a different image in the minds of people and became a part of their life. The Smartphone is not only the mode of communication, but also best medium of entertainment. Its different qualities and features have made it popular worldwide.…

    • 3878 Words
    • 16 Pages
    Improved Essays
  • Great Essays

    Tesco has responsibilities toward the suppliers of his retail stores. Such as, Tesco have keen attention on pay back to the suppliers. Following Freeman’s stakeholder approach, Tesco’s stakeholders…

    • 2073 Words
    • 9 Pages
    Great Essays