• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Business ethics, stakeholders and Tescos

Extracts from this document...

Introduction

Introduction In this assignment I am going to assess the implications of the ethical issues and examine how they are dealt with and the consequences for different stakeholders. I will also highlight to what extant these issues are a real problem in relation to my business. Adapting business behaviour In today's society people don't always do what's right. They may know that doing certain thing will cause greater consequences but for short term benefits they still do it. In Tesco, it is the top managers responsibility to ensure the organisational culture supports ethical conduce and social responsibility. Because, they are who the team members look to for guidance. Business leaders now fear the consequences of unethical behaviour. Most large scale businesses like Tesco take their ethical responsibilities very seriously. ...read more.

Middle

In order to make sure that business is following the CSR policies Tesco exert pressure on their own shareholders. Implementing ethical practices Tesco is a British success story, it has used the global market place to push down prices for consumers and grab more market share. If they are not profitable, they cannot do the things they and their stakeholders would like to do. Tesco operate in a free market and believe in the power of the market to deliver worthwhile change. But the social and environmental costs of Tesco's behaviour are clear. That's why Friends of the Earth is calling on the Government to act now to stop the Tesco Takeover and bring this market giant under control. It is not enough to expect shoppers to revolt and shop at their local stores to keep them going as long as possible. ...read more.

Conclusion

Pressure groups do not look for the power of political office for themselves, but do seek to influence the decisions made by those who do hold this political power. Often pressure groups find themselves competing with rival pressure groups with the aim of gaining an advantage over them, but sometimes groups work together to achieve a common aim. Pressure Groups can use a variety of different methods to influence. Their work attracts much media attention and government always takes into account the voice of public opinion. Tesco must take care of its public image, in order to do that CSR policies are in place and clearly outlined. Conclusion In this assignment I have outlined implications of the ethical issues and examined how they are dealt with and the consequences for different stakeholders. I have also explained to what extent I feel these social issues are a real problem in relation to Tesco. ?? ?? ?? ?? Unit 38 - Business Ethics Suhaib Bashir Merit 2 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Structures, Objectives & External Influences section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Structures, Objectives & External Influences essays

  1. The Business Environment Coursework. Describe the type of business, purpose and ownership of ...

    Local community projects usually end up with political factors being involved, for example many people may feel that they want more help in areas such as youth work and many other people may feel that more help is needed with elderly people.

  2. Political, legal, social factors affacting Tesco.

    Therefore without the technology that the NHS buys people would not know what is wrong with them. For e.g. if someone has a broken bone they would have to check with an x-ray. The technological factor also has an effect on the NHS's stakeholders.

  1. Introduction to Business Assignment

    mixed used schemes, including other elements such as leisure, offices and residential. JSD is looking for development opportunities in out-of-town, edge-of-town and town centre based locations throughout the UK. JSD has developed over 3.5 million sq feet of space in the past 9 years that it has been trading and

  2. Btec National Business Level 3 Year 1 - Exploring Business Activity

    may put a nice part of their life into setting up a business. They see themselves as being the main risk takers and also want to see the standing of their business grow overtime. Oxfam has no owners and it's supervised by trustees and usually set up to provide a service to the wider community.

  1. Aims,ownership and stakeholders of Tesco and UNICEF

    Owners- Owners are also very important in the Tesco. They set rules and regulations on how the organisation operates. They are the ones who can how well the business is performing. An owner expects its business to make profit and also to have good customers.

  2. Explain the implications for the business and stakeholders of a business operating ethically.

    This was H&Ms two-year collaboration and their first collection has been very well received. H&Ms most recent guest designer collection, by the Italian label Marni in March, has also been highly appreciated. Employees- Employees at H&M are H&Ms stakeholders because they work for the business they help the business run.

  1. Investigating Business. Tesco PLC. I will be describing the aims and objectives of ...

    Legal & Self-Regulatory Issues In this task I will be describing in detail how legal and self-regulatory issues can affect Tesco?s from achieving their aims and objectives, I will choose certain acts from the law, describe them and explain how it can affect Tesco PLC as a company and its aims & objectives.

  2. Comparison of stakeholders interest and influence. Apple vs. Mercedes Benz

    by having regular meetings with the managers and co-workers or through annual reports. However in a larger business they might not be able to have regular meeting as there will be a lot people and different departments, so therefore they will be able to put the messages on the business website or on notice boards for everyone to see.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work