Business report of Tesco Coursework Example | Topics and Well Written Essays - 2000 words

Business report of Tesco - Coursework Example Murcott (2009, pg 244)claims that the magnitude of the European typical market holds numerous prospects for companies wishing to upsurge their production, by making operational usage of markets of scale. The European Union’s food industry should also look to arouse innovation and improve new products so as to thrive. All this should be carried out in a way that is courteous for the environment and which warranties safe access to farming raw materials. Boyle (2007, pg 5) TESCO is one of the companies in the European market. It is a British firm which is headquartered in England, United Kingdom, where it operates around 1,878 outlets, and also operates stores in Asia and Europe. Tesco.com is an entirely owned subordinate offering a broad online service, inclusive of tesco.net and tescodirect.com. The firm offers a wide variety of both offline and online personal financial services. Earle, (1997, pg 168) argues that, there exist other major enterprises in the food industry located in Europe. These companies include: Kerry Group; Bakkavor; Unilever; Nestle; Barilla Group; Danone; Yoplait; Paulig; Parmalat; Ferrero SpA; and Swisslion group. To begin with, Kerry Group is a public food company that has its headquarters in Ireland. It operates in 24 republics across five continents. It has a workforce of 36000 people in its technical, sales and manufacturing centres all over the world. Additionally, it supplies 15000 and above flavour products, food ingredients and food to consumers in more than 140 nations globally. Secondly, we have the Bakkavor; its headquarters are in London, England. However, it is dominant in the United Kingdom than other places. It is specialising in freshly prepared foodstuffs and has thirty-two industrial facilities in the United Kingdom, over twenty sites in five other nations. It has a workforce of 18,000 with a turnover of 1.6 billion po unds. Rayner et al. (2008, pg 150) says that, another