Functional areas of Tesco PLC
Human Resources
Human resources are concerned with issues when managing people in an organisation. Within Tesco PLC, human resources are responsible for the people related issues. Human resources responsibilities in terms of looking after Tesco PLC is the process of recruiting suitable candidates for within the organisation of Tesco PLC, to identify and to meet training requirements of the current staff, ensuring employee welfare and that the employee relations are positive, working environment is safe for the staff and raising awareness of the current workforce legislation. Tesco PLC also offer benefits to the workers such as childcare vouchers and pensions. For the workers to be attracted and stop current workers …show more content…
Within Tesco PLC, marketing is responsible for being able to ensure that the product launching will be popular and will sell to customers. Marketing’s responsibilities in terms of looking after Tesco PLC is the following factors: market research (help identify gaps in the market), marketing mix (this is the product, price, promotion and place). The product as in features and appearance, price as in being the best price possible so the cheapest, promotion as in advertisement and the place which is where will the product be made available. Tesco PLC has a marketing communications team which is group of experts. These are dedicated in what Tesco PLC customers want to buy to encourage more customers to shop …show more content…
This is because production and quality such as the packaging of the products like food and clothes will want to be off excellent quality. Therefore, is dependent on marketing for the market research of what the customer wants and needs. Marketing depend on production and quality to know for future marketing of what standards to go for. For example, price ranges and packaging.
Finance
Finance is the value of Tesco PLC such as the revenue, costs and profit. Within Tesco PLC, finance is responsible for ensuring profit is made for Tesco PLC to be successful. Finance’s responsibilities in terms of looking after Tesco PLC is to ensure there’s enough finance for Tesco PLC to expand, ensuring more revenue is being generated rather than the competitors, ensure costs are at a minimum and sales are at its maximum, ensuring that Tesco PLC budgets to reinvest profits wisely and to ensure enough revenue is being made to cover the costs of Tesco PLC to start generating profit.
The finance at Tesco PLC and production and quality depend on each other. This is because finance gives a budget to produce products such as the clothes from Tesco PLC own ranges. While production and quality are dependent on finance because the profits of Tesco PLC can give capital to the production and quality to gain the materials. For example, for the
Human Resources
Human resources are concerned with issues when managing people in an organisation. Within Tesco PLC, human resources are responsible for the people related issues. Human resources responsibilities in terms of looking after Tesco PLC is the process of recruiting suitable candidates for within the organisation of Tesco PLC, to identify and to meet training requirements of the current staff, ensuring employee welfare and that the employee relations are positive, working environment is safe for the staff and raising awareness of the current workforce legislation. Tesco PLC also offer benefits to the workers such as childcare vouchers and pensions. For the workers to be attracted and stop current workers …show more content…
Within Tesco PLC, marketing is responsible for being able to ensure that the product launching will be popular and will sell to customers. Marketing’s responsibilities in terms of looking after Tesco PLC is the following factors: market research (help identify gaps in the market), marketing mix (this is the product, price, promotion and place). The product as in features and appearance, price as in being the best price possible so the cheapest, promotion as in advertisement and the place which is where will the product be made available. Tesco PLC has a marketing communications team which is group of experts. These are dedicated in what Tesco PLC customers want to buy to encourage more customers to shop …show more content…
This is because production and quality such as the packaging of the products like food and clothes will want to be off excellent quality. Therefore, is dependent on marketing for the market research of what the customer wants and needs. Marketing depend on production and quality to know for future marketing of what standards to go for. For example, price ranges and packaging.
Finance
Finance is the value of Tesco PLC such as the revenue, costs and profit. Within Tesco PLC, finance is responsible for ensuring profit is made for Tesco PLC to be successful. Finance’s responsibilities in terms of looking after Tesco PLC is to ensure there’s enough finance for Tesco PLC to expand, ensuring more revenue is being generated rather than the competitors, ensure costs are at a minimum and sales are at its maximum, ensuring that Tesco PLC budgets to reinvest profits wisely and to ensure enough revenue is being made to cover the costs of Tesco PLC to start generating profit.
The finance at Tesco PLC and production and quality depend on each other. This is because finance gives a budget to produce products such as the clothes from Tesco PLC own ranges. While production and quality are dependent on finance because the profits of Tesco PLC can give capital to the production and quality to gain the materials. For example, for the