Unit1-Exploring Business-Business Level 3

Assignment 1- Unit 1 exploring business 14.11.22Assignment 1Features contributing to the success of contrasting businessesIntroductionIn this assignment, I'll be exploring 2 contrasting businesses; Tesco and Cancer research UK. I'll be explaining the features of both these businesses, how they're both influenced by stakeholders, analysing and exploring both businesses aims and objectives as well as the structure of both organisations and how both businesses are successful. P1 TescoHistory and purpose Tesco, which is a private sector business but public limited company, was founded by Jack Cohen: an English grocer in 1919, in Hackney east London. Soon later, in 1929 North London he opened the first Tesco store. He was inspired to open Tesco after he came back from war and set up a market stall to sell groceries. As of 2022. Tesco has 345,000 employees and over 30 million customers. There are over 5000 Tesco stores in the UK. By 2035, Tesco hopes to stop using plastic and encourage more sustainable diets. The name comes from the initials of TE Stockwell, who was a partner in the firm of tea suppliers, and CO from Jack's surname (1 Tesco.) Tesco,