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"Describe and explain the objectives of the business" - "Make judgements about how successfully the business is meeting its objectives".
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"Describe and explain the objectives of the business" "Make judgements about how successfully the business is meeting its objectives" In the last five years, Tesco has become the UK's leading supermarket. As shown below, Tesco have four different types of stores, the majority being the traditional superstores. This chart shows the how many of these stores have been opened this year in the UK, the amount of space they take up, and the overall percentages. No. of Stores 1000's Square Feet Total Space (%) Extras 62 3.1 16.0 Superstores 442 13.9 72.0 Metro/High St. 167 2.1 10.9 Express 109 0.2 1.1 TOTAL 780 19.3 100 Also in this report Tesco have given their 4 point strategy: * To gain the market share from their UK competitors. (Tesco have achieved this) * Develop their international business through new formats and local consolidations. (This means to spread to other countries and continents - they have recently opened stores throughout Europe and Asia. Tesco have developed a "winning formula" for international growth with a 79% increase on profit...
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