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P6 Business

In: Business and Management

Submitted By MoynulJoynul
Words 934
Pages 4
Tesco
Security is very important in Tesco, security is a guard on Tesco from threats that they may face. There are many kinds of security Tesco should look into safeguarding for example security for payment. This is because in business customers will clearly be buying from Tesco, therefore they have to input their details and purchase online. Tesco should upsurge their security by inputting high security events such as firewalls that are anti hacking and a safe record that reductions the fears of hackers. So this will consequence in clients being pleased with Tesco and will create clients to feel protected and harmless as well as gaining trust in them in providing their information to them online. A work-related permitting online business is a big risk to take as this means that Tesco will have to plan and develop a commercial strategy to cut risks. Tesco could put in place, passwords and long codes to make security difficult for any threats such as hackers to hack.
Competition (dynamic pricing)
Competition is mainly about clienteles having faith in the commercial and the company’s capability to compete with key competitors. Competition means to offer the best for clienteles so that their clienteles will rise and existing clienteles to return. To effectively compete means that Tesco will advance increase in, for example more faith and memorability from clientele’s aspects, so this has to be vital as Tesco’s status is the importance of the business. Tesco needs to set a right price online so that the character of internet marketing creates an upsurge in clienteles for them leading to upsurge in sales and profit. Tesco should think about how their products should be priced online so for example, they need to see how much their competitors are pricing a related product as them.
Accessibility-place
24/7 Openness is helpful, however it also has downfalls such as in

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