Sir Terry Leahy resigns from Tesco

Sir Terry Leahy resigns from Tesco

Assessment

Interactive Video

Business

University

Hard

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Terry Lee, known as Mr. Tesco, is recognized for transforming Tesco into a leading retail giant over 14 years. Under his leadership, Tesco expanded significantly in the UK and internationally, becoming a dominant force in the market. Despite its success, Tesco's growth has sparked controversy, with concerns about its impact on local businesses. As Lee prepares for retirement, his legacy as a professional and effective leader is acknowledged.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What qualities of Sir Terry Lee contributed to his success at Tesco?

His reluctance to expand the business

His flashy lifestyle and love for publicity

His understanding of consumer and staff needs

His focus on traditional retail methods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Tesco's market share change under Sir Terry Lee's leadership?

It was overtaken by competitors

It became a dominant force in the market

It remained the same

It decreased significantly

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant result of Tesco's expansion in the UK?

A decrease in the number of stores

The closure of many High Street shops

A reduction in Tesco's profits

An increase in local business support

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common concern among local businesses regarding new Tesco stores?

They increase local employment

They offer fewer products than High Street shops

They can lead to the closure of nearby businesses

They often sell products at higher prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Sir Terry Lee's next step after his successful tenure at Tesco?

He plans to expand Tesco further

He is retiring

He is starting a new business

He is joining a competitor