Corporate Finance Essay Example | Topics and Well Written Essays - 1500 words - 1

Corporate Finance - Essay ExampleMarks & Spencer like TESCO celebrates its one hundred twenty-five glorious years from an ordinary penny bazaar to one of the leading retailers in UK. In 1884 Michael Marks, who was a Russian-born Polish refugee, established a stall at Leeds Kirkgate Market. (History of Marks and Spencer, 2009) Later on a partnership with Tom Spencer a cashier from IJ Dewhirst acquired premises and marked the transition of a new business. both(prenominal) Tom and Spencer died after then. (History of Marks and Spencer, 2009)TESCO Plc diversified its market operations in varied products and function. It store-types includes, Extra, Superstore, Metro, Express and Tesco.com. Store offerings include food-retail, non-food retail, petrol stations and home-living range. TESCO individual(prenominal) Finance includes Life Insurance, Pet Insurance, Home Insurance, Travel Insurance, Motor Insurance, Savings Accounts, Personal Loans, Secure Investment Bonds and Online Mortgage Finder. (Major Products and Services, 2004, p.12) Telecom services are hoping to make a definite mark in the industry. To get access of the huge customer base worldwide TESCO has been successful in marketing a broad range of products via internet through TESCO Direct. (Annual Report and Financial Statements of Tesco, 2009)M&S deals in clothing for men and women, entertainment and act accessories, food and wine products, kids-wear, household goods, home care products, air-care products, electronic equipments, Insurance products, loan schemes, savings & investment products, etc. (Yours M&S, 2009)TESCO values its customers. client Question Time forum and online feedback panel Shopper Thoughts helps to provide important feedback from the customer base. (Annual Report and Financial Statements of Tesco, 2009, p.32) Latest introduction of feedback technique through spry phone, e-mail or comment card called Fizzback and understanding of customer choices through Clubcard. (Annual Report a nd Financial