We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Tesco - Warren Buffet - Lab Report Example

Comments (0) Cite this document
Summary
Tesco - Warren Buffet 1.0 Introduction The report aims to talks about entrepreneurship and the skills associated with it. The report is based on Tesco and the man behind Tesco success, Warren Buffet. The overall purpose of the report is to analysis the key skills of entrepreneurs such as Warren Buffet which has helped them to become great entrepreneurs…
Download paper
GRAB THE BEST PAPER
Tesco - Warren Buffet
Read TextPreview

Extract of sample
Tesco - Warren Buffet

In an organization the culture plays a vital role and henceforth the report also aims to discuss about the organizational culture that exists in Tesco. Tesco is known for its variety of culture that it holds with it and is one of the best examples to talk about when it comes to organizational culture. Along with organizational culture the report talk about motivation and the types of motivational theory that is adopted by organization to motivate its employees. Motivation is high crucial and Tesco has been a leader in doing that. It motivates its employees to a very high extend which helps it to retain the employees for a long period of time. 1.0 Findings 2.1 Entrepreneur and Skills The term entrepreneur is derived from French word, “entreprendre” which means “to undertake.” The entrepreneur is one who undertakes to manage, organize as well as assume the risk of the business. In recent past the entrepreneurs have been doing more than the above mentioned task and hence the need to broaden the definition. In today’s world, the entrepreneur is an innovator, developer who seems to recognize and seize the opportunities and convert into workable or marketable ideas. They add value through their effort, time, money and skills and assume the risk of the competitors and implement the ideas and thereby realize the reward from the given efforts Kuratko & Hodgetts (2008:4). A generally accepted definition of entrepreneurship which was provided by Shane & Vnkataraman (1997) states, “A process that involves the discovery, evaluation, and exploitation of opportunities to introduce new products, services, processes, ways or organizing, or markets” Baum, Frese & Baron (2007:6) Profile about Warren Buffett Business man and investor Warren Buffett was born on 30 August, 1930 in Nebraska. He is an American business investor, philanthropist and magnate and is considered to be the most successful business man in the 20 century. Buffett is the chairman, CEO and the primary shareholders of Berkshire Hathaway and has been consistently ranked as the wealthiest people in the world. In the year 2012, Time magazine had ranked Buffett to be the most influential person globally (Forbes 2013). Warren Buffett is an entrepreneur by occupation also known as “Oracle of Omaha” and regarded as investment guru (Bio 2013). Warren possessed the skill of investing money at the right place and at the right time. It is very much important for an entrepreneur to analyse the situations carefully and invest. Warren had invested in Tesco and has given a boost to the embattled chief executive of Tesco, Phil Clarke and thus increased his stake in the supermarket chain (Fletcher 2012). When the share price of Tesco fell in 2012, nearly after 20 years, Berkshire Hathaway took advantage of this and thus increased its stake to 5.08% (Fernon 2012). 2.2 Marketing and Marketing Mix Marketing can be defined as the process which is involved in communicating the value of the product or services to the customers. Marketing encompasses integrating, merging and controlling supervision of organisations effort which have a bearing on sales (Reid & Bojanic 2009:8). Marketing mix constituted of 4Ps which are product, place, price and promotion and plays a vital role in setting up strategy for the organisation and is a key tool in marketing. Following is the marketing mix of Tesco, retailers which deals in grocery product and ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Tesco - Warren Buffet Lab Report Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from https://studentshare.net/marketing/85034-tesco-warren-buffet
(Tesco - Warren Buffet Lab Report Example | Topics and Well Written Essays - 1500 Words)
https://studentshare.net/marketing/85034-tesco-warren-buffet.
“Tesco - Warren Buffet Lab Report Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.net/marketing/85034-tesco-warren-buffet.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Engineering - Steel Report
Ductility and tensile strength of reinforcing steel are some of the most important properties that help in the prevention of brittle failure of reinforced masonry structures and reinforced concrete. This is particularly essential in the constructions that are likely to be exposed to seismic or dynamic forces that can damage the steel reinforcements.
5 Pages(1250 words)Lab Report
Profile of an Organisation (Hilton Hotels - Conrad Hilton)
Established by Conrad Hilton in 1919 (Woopidoo n.d., par. 1), there are currently more than 3750 hotels branded Hilton Hotel and Resort across the six continents (Hilton Management Services, par. 1). The hotels are established in at least 85 countries and are either managed or owned by Hilton Worldwide, or franchised to third parties (Hilton Management Services, par.
6 Pages(1500 words)Lab Report
Lab Report
Introduction              Human beings consume caffeinated beverages on a regular basis. Caffeine can affect the central nervous system, increasing the blood pressure (Monroe, 1998). 200mg of caffeine pill makes one cup of coffee. Therefore, the caffeine pills used in this experiment were 200mg (Warren, 2010).
3 Pages(750 words)Lab Report
Ester Synthesis
Esters are categorized to have pleasant smells that are the core reasons for the pleasant fragrant in fruits and flowers. Examples of these esters are methyl butanoate which is mostly found in the liquids of pineapples and the famous isopentyl acetate which is found in the oil of bananas.
3 Pages(750 words)Lab Report
Report on Tesco as a retailer
In 1947 Tesco stocks got listed on the exchange. In 1956 it launched its self-service supermarket and the journey continues till date. The brand has
10 Pages(2500 words)Lab Report
Formation of Isoamyl Acetate
The mixture was stirred for 2 minutes after which a catalytic amount of sulphuric acid was added. The reactive mixture was refluxed for 15 minutes under
1 Pages(250 words)Lab Report
Synthesis of Soap
A 2 hoses reflux condenser was attached to the heated flask and the mixture was allowed to reflux for 15 minutes. The heat was turned off and the system was cooled. The reaction mixture was poured into a beaker containing saturated sodium
1 Pages(250 words)Lab Report
Tensile Tst
The goal of this experiment is to illustrate the tensile strength and other material’s properties of 4 different materials on a stress-strain graph. Apart from this, other properties such as ultimate strength, yield
4 Pages(1000 words)Lab Report
Grignard arylation
Grignard reagents are carbanions with counterions of Mg2+ and Br-. This reaction was discovered by Victor Grignard and follows the following basic scheme (Clayden, Geeves and Warren): Grignard reagents undergo several reactions, the most common being the
3 Pages(750 words)Lab Report
Maximum height of a projectile motion
and graphs were drawn and analyzed to find the dependence of maximum height reached by a body in projectile on initial velocity and angle of elevation. According to the fundamental laws of physics, when a body if projected into the air, its trajectory motion in determined by
5 Pages(1250 words)Lab Report
Let us find you another Lab Report on topic Tesco - Warren Buffet for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us