Thursday, October 17, 2019
The Information Technology in Business Organizations Essay
The Information Technology in Business Organizations - Essay Example TESCO is a multinational which has worked for many different things. Because of its existence in the market for many years, it has been seen that TESCO has been able to create a brand image which the customers love. ââ¬Å"Tesco operates 923 stores and employs 240,000 people, giving us access to a population of 260 million across our nine markets. Over the past five years, we have expanded from our traditional UK supermarket base into new countries, products and services, including a major non-food business, personal finance and internet shopping. The increasing scale and internationalization of our sales and purchasing operations make a significant contribution to our efficiency and profitability, as we progress towards our long-term goal of becoming a truly international retailerâ⬠(Global Sources).Tesco is a company which has its ventures throughout the world. The revenue that it is able to generate from its retails has helped Tesco to grab the third position globally. Tesco started as a small grocery store in 1919 by Jack Cohen which turned out into a huge venture in 1924. Tesco opened its first store in Burn Oak, Edgware, Middlesex in the year 1929. In 1947, it was introduced into the London Stock Exchange and made public and this floatation started the great success story of Tesco plc which has now emerged as one of the tops most renowned supermarket chain is not just the United Kingdom but the entire world. The first supermarket under the name of Tesco was opened in 1956 in Maldon.... This section provides an overview about the efficiency of IT for Tescoââ¬â¢s overall operations and business strategies. The fourth section provides the results of the research carried out in order to study the implications of IT on Tescoââ¬â¢s business operations. This section also provides realistic measures and some recommendations to improve the current IT integration in companyââ¬â¢s activities. The last section provides a brief conclusion about the report findings and summarizes the main points of the report. This section gives an independent opinion generated from the information collected. It provides a personal opinion about the alignment techniques of Tesco and summarizes the impact of IT on Tescoââ¬â¢s overall efficiency in terms of operations, performance and stakeholdersââ¬â¢ satisfaction. Tesco Supermarket TESCO is a multinational which has worked for many different things. Because of its existence in the market for many years it has been seen that TESCO has been able to create a brand image which the customers love. ââ¬Å"Tesco operates 923 stores and employs 240,000 people, giving us access to a population of 260 million across our nine markets. Over the past five years, we have expanded from our traditional UK supermarket base into new countries, products and services, including a major non-food business, personal finance and internet shopping. The increasing scale and internationalization of our sales and purchasing operations makes a significant contribution to our efficiency and profitability, as we progress towards our long-term goal of becoming a truly international retailerâ⬠(Global Sources). Tesco is a company which has its ventures throughout the
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