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Topic: Business
Number of pages / Number of words: 8 / 1994
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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. Tesco’s 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)† 2,846 2,545

Group profit before tax (?m) 2,803 2,653

Underlying diluted earnings per share (p) 27...


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