What is Tesco Induction about?

What are the aims and objectives of Tesco?

• Answer:

  To compare prices with other leading supermakets to make sure they have a competing chance with prices 1. To maximise sales 2. To grow and maintain the number one retail company in the u.k 3. Tesco wants to outshine their competitors and remain the market leader 4. The main aim of Tesco is to maximise profit 5. To provide goods/services that is cheap and affordable to consumers or the public. Tesco want to be able to keep their carbon emisions down by making new buildings, they also want to make their business objects which have to follow this method Specific - this means that the business can make some specific objectives that the business wants to achieve, so if they want to hit a certain target of profit within a year they have to make a business plan or model to follow to achieve their goal. Measurable - this means that if a business wants to make some money, they can measure it in a certain amount of time, so if a business can make £1000 pound in a month, then maybe next month they could forecast making an increase of that amount by studying the business activities throughout that month. Achievable - this means that a goal that the business can achieve with in a time period, so if a business wants to make £1000 pound of profit in a month, then they could make it happen with the products that they might have to sell. Realistic - this means that a business has to make realistic goals which that they can achieve, so things like making £1,500 pounds in a week, this is a realistic goal because it could be made depending on the sales in the that week. Time related - this means that each objective is set with in certain time, so it is like a dead line, if a business sets out to make and sell 5 computers in two weeks, then they now have time to create the product and then sell it within the time set.