Select a large retailer who collaborates with a finance company. Who did you select, who do they collaborate with, and what are the benefits of collaboration between the large retailer and the finance company?
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Benefits of Collaboration between the Large Retailer and the Finance Company
Tesco is one of the UK's largest retail companies that is collaborated with Royal bank of Scotland and started to provide banking and financial services to customers under the name of Tesco Personal Finance plc. Main purpose of this collaboration was to expand and diversify the business of the company in financial services. For this, Tesco entered into a joint venture with Royal bank of Scotland (Tesco Bank, 2013). There ...
Financial industry structures are examined. The benefits of collaborations between the large retailer and the finance company are given.