It was founded on a market stall in London's East End by Jack Cohen in 1919 and now operates in 12 countries around the world. Tesco is one of the UK's leading food retailers and is also one of the world's largest food retailers. As of 22 April 2015 its market capitalization was approximately £18.1 billion. Performance publicationsTesco uses a method called “The Steering Wheel” to measure performance and manage its business in a balanced way. There are 5 sections in this wheel, the first is that customers evaluate that they are getting what they need and expect. The second is about people: it's all about how staff perceive working at Tesco. The third section is Finance, examining the costs and delivery of an effective operation and the expectations of stakeholders. The fourth is Operations, which concerns the productivity of the work environment, and the last Community, which measures how much the company's role plays in society and what the company does as a member of the
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