Tesco Stores Essay

Submitted By ValleySN
Words: 2845
Pages: 12

P1 Describe the type of business, purpose and ownership of two contrasting businesses.
Save the Children - Not-for-profit
Eglantyne Jebb and her sister Dorothy Buxton set up the Save the Children fund in 1919. They founded this fund to protect children dealing with hunger, fund shortage of supplies and help with emergency aid that their own country does not give during wartime. Eglantyne and Dorothy was in the Fight the Famine Council, when they decided to start their own fund. It was April 15 1919, when the two sisters finally separated themselves from the council and created the Save the Children Fund. It wasn't until May 1919, that the fund went public in a meeting at the Royal Albert Hall. In December 1919, Pope Benedict XV showed his support for the Save the Children Fund by declaring December 28th as Innocents Day to collect donations.
Save the Children's first branch opened in Fife, Scotland in 1919 alongside a counterpart that was founded in Sweden. The following year, with a few other organisations they funded the International Save the Children Union located in Geneva, Switzerland. Eglantyne made Save the Children one of the first organisations to be able to use a whole page in the newspaper on advertisements.
Eglantyne Jebb died in 1928. She had dreams of making Save the Children a global charity. In honour of her, Save the Children developed the Child Protection Committee; this helps give children their rights in Africa and Asia. Although Save the children could not do much in Wold War II, they helped the UK set up nurseries, play centre’s and junior clubs.
It was in the 1960’s when save the Children started to fully develop. The organisation had complete medical and welfare teams in more than 15 countries. Projects started to show results in some countries including Korea, Morocco, Nigeria and the West Indies.
As the 1960’s was the development decade, government and public were ready to offer funds and resources to development schemes. So the charity managed to get funding for lots of new projects, such as hospital help in Mwanamugimu, aid refugees from the Chinese attack of Tibet and help the children in the Vietnam. The 1960’s were also the decade Save the Children co-founder, Dorothy Buxton, died in.
Since the day it started Save the Children have been working on making every needed life better, especially children.
The most recent news from the Save the Children website is the talk about Jack Topping, the youngest ever ambassador for the Save the Children Fund, joining the organisation.

Tesco PLC – Profit-making
In 1919, a man called Jack Cohen started by selling groceries from a stand in London to owning now one of the biggest supermarkets in the world. It wasn’t until 1924 when Jake’s own-brand, Tesco Tea, was selling in grocery stores. After a few years Jack opened his first Tesco shop in Burnt Oak, Edgware, and north London that only sold dry goods. In 1934 Jack had bought a plot of land and planned to build the first new food warehouse in the country. By 1947 stock exchange was buzzing with a Tesco Stores share for 25p.
Tesco’s Stores was the first to introduce the self-service scheme with another store opening in Hertfordshire in 1948. Between the time 1955 and 1960 Tesco Stores Holding had bought 500 new stores. It wasn’t until 1958 when the first supermarket was opened, including a cheese, butter and meats counter.
In 1979 the founder of Tesco, Jack Cohen, passed away.
In 1982 computerised checkouts where invented and placed in all stores. Tesco launched school help schemes like Computers for Schools that was first launched in 1992. The first Tesco Express was opened at London in 1994 and the open for 24hours system started in 1996, to help make customers life better.
Tesco’s first international business was in the Hungarian market in 1995; alongside their big celebration Tesco launched the Tesco Clubcard that fascinated 5 million people only in the first year.