TESCO AND ITS SECURITY POLICY

Tesco and its Security policy



Tesco and Its Securtiy Policy

Introduction

In 1924, Sir Jack Cohen founded the company, in 1929 that was finally called Tesco. This is the acronym combining the letters of the tea vendor, and partner with those of Sir Cohen. The group opened its first stores in the suburbs of London, and it was during the 1930s it began to grow, adding a hundred outlets, mainly in the British capital. After a visit to the United States, Mr. Cohen returned to England with the ambition to import the model of self-service supermarkets. He developed the formula Tesco "put products into high-pile and sell low (and stack it high sell it cheap). This formula has been the philosophy of the company for several decades. After the Second World War, the company continues its growth by targeting the segment of the working class. Through a series of acquisitions, the company has over 800 outlets in the late 1960s. Furthermore, regulation of the time prevented from selling certain items at a loss (below the price reached with providers) to attract customers to its outlets. Only large chains were subject to this regulation which excluded independent stores. To circumvent this restriction, Tesco management decides to launch a system of tradable stamps. When has a number, it can be exchanged against a sum of money or a gift product.

This system has proved very popular and helped sales growth. In 1964, regulations on price control were abolished and Tesco embarked on a strategy to reduce prices while maintaining its system of stamps. The growth strategy adopted has been able to mask certain deficiencies of the company that became evident in mid-1970. At that time, British consumers give attention to increasing the quality of products while the image of Tesco focuses almost exclusively on low prices. Consumers view the articles in this company as of poor quality and assortments as inadequate.

In 1977, the new chairman of Tesco, Ian MacLaurin launched Operation Check out which aims to make the diagnosis of the company and propose a new development strategy. Among the problems identified, we note that the location of outlets is often inadequate or downright inappropriate procurement practices and anticipated the moment as the average size of outlets was about 1500 square meters. It was evident that the distribution system was inefficient and that the supply of products no longer fit the market demand. The renewal desired by the company management is somehow to wipe the slate clean and change the mission, vision, strategy and corporate culture.

Discussion

Each company or organization must have a policy of information security to protect its property. There is also a question of credibility with customers, suppliers and shareholders.

By requiring employees to follow safety procedures, the company dictates a course of conduct for information security. There are basic rules to follow to implement a security policy:

that is to obtain clear support from the Directorate General by a document signed by the CEO, COO or President, which will ...