...Tesco Dear London School of Economics. My name is Jacob Breinholm and I am the PR manager for Tesco. I have been working for Tesco for four years now, and it have been four good years. On behalf of Tesco, I am here to tell you about our firm and our problems after the fall in the shares back in January 2012. In this speech, you will hear about the grocery store, Tesco. I will tell you about the downturn we have had in 2012, the problems we had, and which efforts we used to get back on track. The 12 months in 2012 have been terrible for Tesco. We have experienced a huge fall in our economics. Previously it went really well for Tesco, and we had a higher sale than we have today. Investors once called Tesco a darling of the U.K. stock market, until January where everything went down for us. The shares has fallen by 20 percent. After this fall in market shares, my boss the longstanding chief Terry Leahy who have been CEO for Tesco for 14 years, have just gone off. The new CEO for Tesco is Philip Clarke, and it was not a nice sight he met the first couple of weeks. Experts have said that Mr. Clarke need to reconnect with customers and change the business’ culture. We did also launch the Fresh and Easy at the worst time possible, just one year into the financial crisis in 2008. We did also make some obvious mistakes though. We had no coffee in the store, as the first thing in the morning, there was no frozen food as Americans like and so on. That is why investors have called...
Words: 1166 - Pages: 5
...own right and cannot stand on their own in a sentence: if they are printed on their own they have a hyphen before or after them. 1. Define Suffixes & Prefixes * Prefixes are added to the beginning of an existing word in order to create a new word with a different meaning. * Suffixes are added to the end of an existing word. ORAL REPORT - is a reports using the oral communication; being represented orally; presented in-action; reported in live 2. The 4 Methods of Oral Report a. Manuscript - is any document written by hand, as opposed to being printed or reproduced in some other way? Before the arrival of printing, all documents and books were manuscripts. In publishing and academic contexts, a manuscript is the text submitted to the publisher or printer in preparation for publication, regardless of the format. Until recently a typescript prepared on a typewriter was usual, but today a digital file with a printout, prepared in manuscript is most common. b. Memorization - is the process of committing something to memory. The act of memorization is often a deliberate mental process undertaken in order to store in memory for later recall items such as experiences, names, appointments, addresses, telephone numbers, lists, stories, poems, pictures, maps, diagrams, facts, music or other visual, auditory, or tactical information. Memorization may also refer to the process of storing particular data into the memory of a device. The scientific study...
Words: 362 - Pages: 2
...Charlie Mate The first set laws in history can be dated back to the code of Hammurabi and the Magna Carta. These laws set up an established government, created laws, and gave the people rules to live by. In same ways we still follow this justice system today. The Code of Hammurabi and the Magna Carta share the same principles but are different in many ways. The Code of Hammurabi brings the iron fist down on the people. When on the other hand the Manga Carter’s gives power to the people. These documents shaped the way our government is today. Hammurabi’s code is a set of laws created to keep “peace” throughout the Babylon ages. This differs from the other set of laws called Magna Carta, which is the more modernized set of laws that are more understanding and fair to the people. The Hammurabi Code and Magna Carter’s laws have greatly affected the people of their time. The Hammurabi Code Originated in Mesopotamia the land between the Tigres and Euphrates River. Hammurabi was a son God named Sun Shumesh. It was written in stone in 700 BC. The code was created so that if people did negative things they would be punished rather than thinking they can get away with it. False accusation is the first code of law. If you steal you will be put to death and if someone stole goods from you the whole community has to give back what was stolen (Allen & Hall, 2015p.115) The Magna Carta originated because of negotiation between the people and the king. The people were sick of...
Words: 575 - Pages: 3
...Tesco manuscript Thank you. Thank you. I am honored to be with you today here at the London School of Economics. My name is Kasper Hedegaard. I am here today to tell you youngsters who we are and what kind of problems Tesco going through at the moment and the last twelve months. Then what we in Tesco has done to solve our problems. But first I wonder how many of you who know Tesco? Well, for those of you who don´t know who we are or what Tesco is. Tesco is a general merchandise retailer, headquartered in United Kingdom. Established in 1919 by Jack Cohe. Tesco is the third largest retailer in the world. Besides this, we have stores in 12 countries in Asia and Europe. That was basically who Tesco is. I will start my speech telling about Tesco´s former head, Terry Leahy. Terry Leahy was a very successful man in the years he was the head leader. But surprisingly, it was accused at being too successful. Nobody actually knows the reason why, but because of that it cost him his position as head leader in Tesco. But Tesco moved on and today we have a “young kid” as the new head in Tesco. His name is Phillip Clarke. I called him “young kid” because Mr. Clarke was under a lot of pressure when he started in Tesco, while Tesco had going through many issues before he became the head leader. So it was a tough start for him. In addition to this has Phillip only been in the Business about one year. So he didn’t had so many former experiences. Almost before Clarke started as...
Words: 836 - Pages: 4
...mothers, and daughters. For this reason, it is interesting to explore how and why certain women were able to live separately from men in convents and create works of artistic value that survive today. During the Pre-Romanesque (500-1000 AD) and Romanesque (1000-1200) period of the middle ages, most of the art was created in monasteries for religious purposes. This art was primarily in the form of illuminated or illustrated manuscripts. Illuminated manuscripts were hand-written books of religious texts, like a bible, or works by saints or religious leaders. Some illustrated manuscripts were also copies of Roman or Greek works of philosophy. These manuscripts were ornate and beautiful volumes that were expensive and time consuming to produce. It could take months or years to produce an illuminated manuscript. The manuscript included ornamental borders, capital letters and illustrations some in gold and silver leaf. The illustrations themselves used a very rich and vivid palette of colors like rich blues and deep reds. At a minimum, an illuminated manuscript only had ornamental capital letters, but many included heavily decorated borders along with miniature paintings which depict scenes from the book; some members of the nobility even had their portraits inserted into such miniatures. The bindings of the books were sometimes inlaid with jewels (Chadwick 52). Initially, illustrated...
Words: 1973 - Pages: 8
...Study Guide to Accompany Meggs’ History of Graphic Design Fourth Edition Prepared by Susan Merritt Professor and Head of Graphic Design School of Art, Design, and Art History San Diego State University (SDSU) With assistance from Chris McCampbell and Jenny Yoshida John Wiley & Sons, Inc. i DISCLAIMER The information in this book has been derived and extracted from a multitude of sources including building codes, fire codes, industry codes and standards, manufacturer’s literature, engineering reference works, and personal professional experience. It is presented in good faith. Although the authors and the publisher have made every reasonable effort to make the information presented accurate and authoritative, they do not warrant, and assume no liability for, its accuracy or completeness or fitness for any specific purpose. The information is intended primarily as a learning and teaching aid, and not as a final source of information for the design of building systems by design professionals. It is the responsibility of users to apply their professional knowledge in the application of the information presented in this book, and to consult original sources for current and detailed information as needed, for actual design situations. This book is printed on acid-free paper. Copyright © 2006 by John Wiley and Sons. All rights reserved Published by John Wiley & Sons, Inc., Hoboken, New Jersey Published simultaneously in Canada No part of this publication may be reproduced...
Words: 54497 - Pages: 218
...Many of the medieval manuscripts are known for their stimulating and inspiriting workmanship and the Lindisfarne Gospels is a prime example of one. They were created in the early 8th century for a monastery in Lindisfarne, hence their name, located in the northeastern part of England. A single scribe, known as Eadfrith, who was vastly cared for and respected within his community created the Lindisfarne Gospels in a Latin. The carpet pages as well as the text pages with ornaments of works like these are full of incredible detail and took vast amount of time to complete, believed to take up to ten years. Their smooth intermixing of image and text create a rare viewing experience, which is very different than merely words on paper. I believe The Page with the Beginning of the Text of Matthew’s Gospel represents a good combination of the text and graphics as one. The images on this page are not there to illustrate what is written, but they are more of a support and addition of what is written. For example, the image in this page is very dominant with its long curves and serpent body’s and gives a sense of...
Words: 697 - Pages: 3
...So Many Versions of the Bible? By: Catherine Jewell University Of Phoenix January 19, 2013 172/ Composition and Communication II This Thesis is about the many different Bible Versions and which one of them comes closest to the original manuscripts; that were written many years ago. There are eight (8) primary Versions of the Bible. There are several modern day English versions but only eight Primary Versions. The Septuagint 250 A.D. Written in Greek Vulgate, Luther’s German Bible 1534 A.D., King James Version 1611 A.D., and this one has a large number of errors given that its writers did not have a decent understanding of Hebrew, Revised Standard Version-1952 A.D., New International Version- 1960’s-1970’s, the New King James Version, and the Young’s Literal Translation, which according to popular demand is the closest to the original manuscripts. There is still one more and that is called the Tyndale New Testament Version 1523. The oldest Bible still is the Codex Sinaiticus, which was written in Greek. Now the question is why are there so many translations? According to Dr. Dale Robbins in an article called “Why so many Bible Versions”, he stated that for over 300 (three hundred Years) the King James 1611 Version was the only version to read. However, when the language stated to...
Words: 275 - Pages: 2
...ethical dilemmas facing toward Tesco The first dilemma that faced by Tesco is the items delivery arriving late. Tesco has operated online businesses, it consists of around fifty percent of the food ordered market in the internet. There is around fifty percent Many customers were complained that the Tesco’s delivery service is not efficiency. The customers were waiting the items delivery so many hours and many days. In addition, since some customers waited for too long, so they were tried to phone to Tesco customer services and ask for their items delivery matters, but the answer that the customers could get is they cannot track down the driver. It may show that there is lack of efficiency and effective toward Tesco especially the ways they serve to the customers. In the other hand, even the items delivery arrives to the customers’ location, the customers were founded that some items were wrong or missing. These problems could affect the image of the Tesco from the customers. Some of the customers may consider turning their general trading seller to another market competitor due to inefficiency services that served by the Tesco Company. If these problems cannot settle well by Tesco, Tesco not only getting fewer customers, moreover Tesco’s businesses profit will also keep reducing. The second dilemma facing by Tesco which is the discriminations problems among the customers. There is a case indicates that Tesco has been sued of religious discrimination...
Words: 1540 - Pages: 7
...All About Asda What we love about 2010 ASDA 08 A Sustainable Business 09 Business Strategy 10 11 12 13 14 15 16 17 Our Food Our Brands Our Home & Leisure Our Clothing Brand - George Our Format Portfolio Our Digital Business Our Openings & Extensions Our Five Year Summary Our purpose at Asda is simple..Quis aliquatie volor sustrud tio delent num eu Contents faci blandit, se dunt vent luptatue voluptat wiscincipis dolestrud modolore We magna aliquatem zzrit vercil dolor adipsum quat am quat nim nisl 02 WhoAsdaAre ut veliquate 03 The Story feuisis delese volobore conse do dit am, quamconse vel et ad tate04 The Walmartfeum magna Family 06 What We Love About Asda veriureet niatem v xx Business Review Pack 2010 Who We Are Our Mission To be Britain’s best value retailer exceeding customer needs, every day Our Purpose To save everyone money, every day Our Values We put our customers first, every day We care for our colleagues, every day We strive to be the best we can be, every day 02 All about Asda 2010 The ASDA Story The Reign of Queen’s Supermarkets Peter Asquith and his brother Fred made contact with Associated Dairies and a new company was formed... Asquith + dairies = the birth of Asda The Foundation of George A major success of this period was the foundation of the George Davies partnership and the introduction of George clothing into 65 stores in February 1989 Asda Became part of the Walmart Group in June 1999 The Digital Age The end of the decade...
Words: 4144 - Pages: 17
...policy 5.2.3 Local products that fit customers’ tastes 5.2.4 Aggressive pricing strategy 5.2.5 Adapted communication 5.2.6 Adding value through service 5.2.7 Adapting to changes in the macro-environment 5.3 Evaluation of Tesco’s success within the Czech Republic 5.3.1 The Czech success 5.3.2 Problems within the Czech market 5.3.3 The future within the Czech Republic 5.4 Consumer perceptions of Tesco from the UK and the Czech Republic Conclusion Appendix 7.1 Czech Republic Questionnaires 7.2 UK Questionnaires Bibliography Entering the retail sector in Central Europe 1 2 3 5 5 5 6 8 8 9 10 10 11 11 12 12 12 13 13 14 15 15 17 18 18 21 23 1 of 25 Abstract 2 Abstract This report examines the role that Central and Eastern European countries play in the increasingly international strategies of retail companies. This report focuses specifically upon the Czech retail environment and how Tesco has successfully entered the market by adapting its market offering for Czech consumers. It is demonstrated that Tesco has been successful within the Czech...
Words: 8593 - Pages: 35
...Name Tutor College Course Date Wal-Mart Case Analysis Introduction Wal-Mart first store was opened in 1962 by Sam Walton and his wife Helen Walton. They had the main idea of opening a discount oriented shopping store all through the rural American. The first store was opened in Rogers, Arkansas from where the stores spread to other regions. The company grew rapidly incorporating Wal-Mart Stores Inc. just after a period of seven years. Within 8 years, the company was able to open the first distribution center in Arkansas and also be valued at the New York stock Exchange. By 1991, the company opened the first international center in Mexico City an achievement that has seen opening of several other stores internationally. Identification and Analysis of Corporate Strategy The main strategy that was emphasized by Wal-Mart was that of the control of prices and costs to attract more customers. Walmart had the idea of lowering the prices of its commodities and services to ensure that they attracted more customers as well as retain them too. With opening of retail stores that offered one stop shopping centers, Wal-Mart was able to grow more than its competitors. Consumers for a long period valued one stop shopping centers where they could find a variety of goods at the same time to ensure convenience and minimize time spent during shopping trips. Walmart stores took this strategy to open all purpose stores with grocery, clothing and other commodities...
Words: 1566 - Pages: 7
...Z01_JOHN2020_09_SE_EM18.QXD 10/13/10 9:09 Page 658 CASE STUDY Tesco: from domestic operator to multinational giant Michelle Lowe and Neil Wrigley This case considers the emergence of Tesco plc as one of the world’s leading multinational retailers. In a remarkable 10-year period, Tesco has transformed itself from a purely domestic operator to a multinational giant – with subsidiaries in Europe, Asia and North America – and in 2009 had 64 per cent of its operating space outside the UK. Examining market entry into Asia in more detail, the case compares ‘success’ in Thailand and South Korea with ‘failure’ in Taiwan. It also considers ‘a high risk gamble’ in Tesco’s entry into the US market, long considered to be a graveyard of overambitious expansion by UK retailers. ● ● ● Introduction In April 2009, Tesco, the UK’s largest retailer and private sector employer of labour, announced annual sales for 2008/09 of almost £60 billion (x66bn or $90.2bn) together with profits of £3 billion (x3.3bn or $4.5bn). After a dramatic decade-long transformation from purely domestic operator to multinational giant, Tesco now had a remarkable 64 per Source: Getty Images. cent of its operating space outside the UK, was developing increasingly strong businesses across 11 Asian and European markets, had a rapidly expanding ‘start-up’ subsidiary operating in the western USA, and had announced its entry into the Indian market. Moreover, as signalled in both the title of its Annual Report...
Words: 5448 - Pages: 22
...strategy may focus on developing a competitive advantage via differentiation, low cost, rapid response, or a combination of these. (pg 186) With all the different products which are sold through Tesco PLC, the aim of the organisation is to meet specific needs of its customers. In creating new products, the needs of the customer are sought through a range of focus groups and ongoing research trackers. A lot of emphasis is placed on feedback from social media with Tesco actively involved on Facebook, Twitter and webchats. It also actively seeks feedback through instore ‘every comment helps scheme’. Tesco clubcard was launched in 1993 and this gave them a competitive advantage over their rivals who had initially rejected the idea. It also offered a way for them to better understand their customer’s shopping patterns. With the current economic climate, Tesco had revitalised its value brand and now puts more emphasis on value and quality rather than price. The products were reformulated with less fat and sugar and increase fruit and vitamin content where possible. According to Heize and Render, the objective of a process strategy is to build a production process that meets customers requirements and product specification within cost and other managerial constraints (pg 311). Tesco pursues a process focus strategy that produces low volume high variety production (is this right??) There is a seasonal demand for majority of their products but overall variation for household groceries...
Words: 673 - Pages: 3
...suppliers to keep the costs down Opportunities To survive in today’s world globalization is important. M&S have a wide opportunity to go more global to improve and expand its business They also have the opportunity to consider more overseas supplier which will actually give them cost advantage, rather than suppliers available on a local level. They also have the opportunity to maximize the use of available technology to improve their functioning and to gain competitive advantage. Threats They are in strong competition with Gap, Oasis and Next, who are offering similarly priced products yet more fashionable. M&S is also in competition from discount stores like Matalan, and “George” range at Asda. M&S is also in threat from Tesco and Seinsbury’s who moved into offering added value foods, which had been pioneered by M&S. Alternative Courses of Action 1. Substantial research before operations and correct...
Words: 517 - Pages: 3
