Buy custom Exploring Business Activity
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Topic: |
Business
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Number of pages / Number of words: |
8 / 1994 |
Essay's paper body
The other two industry sectors Primary and secondary sectors have either moved abroad where it is cheaper for goods to be manufactured or completely shut down because of consumer trends.
3.1.2 The Purpose of the Organisation
The main business activity of Tesco is to sell food products. Tescoâs purpose is to sell products and make a profit as it is owned by shareholders and want to expand by making profit, and to make their organisation survive Tesco aims and strive to make profit as it is not like other organisation that obtains the money by donations or funded by the government...
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Tesco main purpose is to buy cheap and sell above cost, which makes Tesco huge sums of profits.
This is Financial highlights Growth of 2007
2008 2007
Group sales (?m) (including value added tax) 51,773 46,611
Group revenue (?m) (excluding value added tax) 47,298 42,641
Underlying Group profit before tax (?m)â 2,846 2,545
Group profit before tax (?m) 2,803 2,653
Underlying diluted earnings per share (p) 27...
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