Would Tesco Be Successful Essay Example | Topics and Well Written Essays - 1500 words

Would Tesco Be Successful - Essay Example Smith P.R. and Chaffey D. have argued that E-commerce is commonly thought to include e-tailing, online banking and shopping – it involves transactions where buyers buy and shoppers actually shop. Others suggest e-commerce is any transaction such as a support or an online catalogue search (Smith, Chaffey, 2002). Tesco’s history has shown that the dynamic vision of its bosses combined with the creative and innovative approach in strategy and market planning would pay off in spades. Initially, Tesco with its ‘Pile it high and sell it cheap’ motto, was able to strengthen its market position considerably. The aggressive market strategy, based on acquisition, further took the total number of stores to more than 600 in 1960s and thanks to Cohen, the largest supermarket of Europe came into being in 1961 in Leicester. 1970s and 1980s saw the rapid decline of Tesco primarily because of the low quality product. But under the dynamic leadership of Lord MacLaurin, Tesco underwent tremendous change. His business acumen was so sharp that he had realized early that introducing technology and building committed customer base would accelerate the growth of Tesco manifold. He introduced technology in the two main areas of sales and distribution and at the same time, made special efforts to attract the upper class by opening superstores with high end products. MacLaurin made many changes in the basic format of the store by not only introducing a whole lot of new products lines including non food items, clothes, home appliances, electronic goods etc. but stores in new formats like Tesco superstore, Tesco Metro, Tesco Express, Tesco Extra were also opened to meet all segment of the society. Tesco superstores were characterised by huge space and were designed to attract customers of all strata. It was followed by an intensive drive to make committed customers as members through clubcard so that they could offer their customer extra benefits.  

Logic Assignment Example | Topics and Well Written Essays - 1250 words

Logic - Assignment Example from The Pew Charitable Trusts and the John Templeton Foundation as part of the Pew-Templeton Global Religious Futures Project, which aims to increase peoples knowledge of religion around the world. The text given above is one of the important findings of the survey. The source of the historical data is World Religion Database. There is a scientific validity to the survey as it involved interviews with more than 25000 people belonging to 19 countries, in more than 60 languages and it reflects the people’s beliefs, attitude towards other faiths, concerns and tries to assess the social and political order. A thorough analysis with reference to religion has been made with reference to the present state of the social order. However, the analysis is lagging behind with regard to the important aspect as to how it could be useful in repairing of the social order. The analysis of traditional religious practices provides strong clues to the reasons for the present status of the social structure. Also, motives or reasons for religious extremism with reference to the region are not touched upon. â€Å"In The Wealth of Nations, Smith (1965, pp. 740- 766) argued that self-interest motivates clergy just as it does secular producers;† (Iannaccone, L.R. and Berman, E). The report states unemployment, crime and corruption as bigger problems than religious conflict, though in some countries religious conflicts are the major problem. However, the people connected to activities of religious extremism and suicide-bombers were mostly unemployed youths from poor background according to the newspaper stories. The report has not however underlined the relationship, if any, that exists between religious extremism and unemployment or poverty. Working out a common minimum rules for the society comprising of various ethnic groups, communities and religion is the precursor to reforms. Once this is achieved, the religion could be effectively sidelined to the personal domains of the