Tuesday, April 28, 2020

Information systems of a specific business Essay Example

Information systems of a specific business Essay For this assignment I am required to do research and write a report on the information systems of a specific business of my choice, from this business I will get the relevant information about information systems. I will use my initiative in obtaining the information for the assignment. The business that I have chosen for this assignment is Tesco PLC and the information that I collect for this assignment will be from various forms of desk and field research. Tesco is a international supermarket retailer and 2nd largest in the world following Wal-Mart at number 1 originating from USA, Tesco is a mainly known for selling general groceries but Tesco is also has a large non-food range for example banking and insurance, clothing, mobile phone shop, entertainment and books as well as other household equipment and extras. This assignment consist of 5 parts, I will start with Part A this specifies the assignment agenda, introduction to the business (Tesco), business products and services, key facts and information as well as a list information systems used by Tesco PLC. We will write a custom essay sample on Information systems of a specific business specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Information systems of a specific business specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Information systems of a specific business specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Assignment Agenda * Identify information needs within different functional areas of an organisation * Compare a range of information systems * Examine the tools available to organisations for information processing * Evaluate the information systems within an organisation. Introduction to Tesco Tesco PLC is a global grocery and general merchandising retailer headquartered in Cheshunt, United Kingdom. Tesco is the third-largest retailer in the world measured by revenues (after Wal-Mart and Carrefour) and the second-largest measured by profits after Wal-Mart. Tesco has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in the UK (where it has a market share of above 30%). Jack Cohen the founder of Tesco, began to sell groceries from a stall in the East End of London, his first days profit was à ¯Ã‚ ¿Ã‚ ½1 and sales à ¯Ã‚ ¿Ã‚ ½4. Jack Cohen opened his first Tesco store in Burnt Oak, Edgware, North London in the 1929 and Tesco became a private limited in 1932 and from then Tesco has grown very rapidly and never stopped, Tesco became from a mortar to a mortar and clicks organisation in 2000. Tesco Mission Statement To create value for customers to earn their lifetime loyalty No one tries harder for customers: * Understand customers. * Be first to meet their needs. * Act responsibly for our communities. (Source: http://www.tescoplc.com/about-tesco/our-values/) Products / Services of Tesco Tesco offers a very wide range from products starting from groceries, furniture and kitchen, clothing and jewellery, phone shop, entertainment and books, sports and leisure, and many more at www.tesco.com The following companies are the major competitors of Tesco PLC: * ASDA Group Limited * BP Plc * Carrefour S.A. * ExxonMobil Corporation * The Big Food Group Plc * J Sainsbury plc * Marks and Spencer Group plc * Royal Dutch/Shell Group * Safeway Inc. * Safeway plc * Somerfield * SPAR Handels-Aktiengesellschaft * The Boots Group PLC * Wm Morrison Supermarkets PLC * Booker Cash ; Carry Limited * ALDI Group * The Carphone Warehouse Group PLC * John Lewis Partnership plc http://people.exeter.ac.uk/wl203/BEAM011/Materials/Lecture%204/TESCO%20Company%20Profile.pdf Key facts about Tesco * Founded in 1919 (East London) * Founder: Jack Cohen * Global work force Tesco has around 472,000 employees worldwide shared over 14 countries. (See reference: 2) * Number of stores Tesco has over 5,380 stores globally (See reference: 1) * Key people David Reid (Chairman) Philip Clarke (Chief Executive) * Revenue: à ¯Ã‚ ¿Ã‚ ½60.93 billion 2010/11 (See reference: 1) Definition of Data ; Information What is data? The term data is referred to as collection of numerical characteristic which is collected using qualitative or quantitative research methods. An example of data collected could be for example the number of males and females in a room and this can be displayed in many different forms and all these figures are known as data. Male 7 Female 3 Total headcount: 10 Male 70% Female 30% 10/7 Male ratio 10/3 Female ratio What is information? Information is normally received in a context where it is required this is different from data, information is obtained from occurrence for example when I order something from the Tesco I am required to give my name and address because to complete the occurrence or my order. Data vs. Information Data is raw facts in figures which are analysed and processed as information, data is inadequate without connection to information. Information is a form of data which is in words. Define Information System Information system or IS is any combination of technology which processes information, facilitates and helps individuals or businesses like Tescos activities using technology to support operations, management, decision-making and many other operations. An information system is regarded as a form of communication system in which data presented and processed as a form of social recall. An information system can also be considered a semi-formal language which supports human decision making and actions like advising on efficiency by analysing wastage and this could be wastage of time, financial resources, materials and human resources.