Examples of stakeholders at Tescos

find themselves in financial trouble they can sell their shares to help build up the business, so the more shareholders they hold they better the chance of recovery. Shareholders want the business to succeed and their shares to increase which means a better return/dividend. Shares would be more secure with a company like Tesco Plc as it’s considered to be successful and gives out better dividends.  Shareholders to me are a very important stakeholder because they own the business and will obviously want it to do well because otherwise they will not make a profit. Tesco share prices are high; this is brilliant for shareholders at the moment. With no shareholders there would be not funds; no owners meaning that Tesco can’t carry on as a business. Tesco has to perform so that the shareholders can get a profit. If Tesco is not making a profit then shareholders will sell their shares and invest in a business making a lot of profit. The Tesco shares would decrease in value so people may not invest thinking that the company could go bankrupt. But because at the moment Tesco is run properly share prices are high and shares are high in demand.Customers The customer’s comments have the biggest effect on Tesco because they tell Tesco from the customer’s point of view exactly how to improve their stores and make shopping easy and quicker. I think that the customers are a very powerful stakeholder because they have the power to create changes in Tesco. The customers will not physically themselves create these changes but they will do it by filling in the response forms that Tesco provide. Comments like “The isles are too crowded” or “There is not enough staff on the floor” have a big impact on Tesco because if Tesco do not respond to these comments Tesco may lose customers meaningless profits for shareholders.The employees are the people who Tesco pay to provide there service to them. They need a lot of skills and their wages depends on the variety of skills they have. They will work in different areas of Tesco depending on the skills they have. E.G Check outs, bakery, cleaner etc. despite where an employee works they need to have the correct skills to do the job so that they can provide an excellent service for the Tesco customers to attract the customers to shop at the store again. If Tesco notice a particular employee who tries hard at their job and provides an excellent service all the time that employee could get a pay-rise or even a promotion. Tesco need to provide their employees with good working conditions, reasonable hours and treat them fairly because otherwise the employee’s will not be happy at their job which could lead to them resigning. If Tesco employees start resigning for negative reasons then word could spread that Tesco have bad working conditions and that employees of Tesco are not treated fairly meaning Tesco may find it hard to find skilled staff.EmployeesEmployees also have a big influence on Tesco because they are the people making Tesco a success because they are the people who go to work every morning stack the Tesco shelves and serve the Tesco customers which makes Tesco its huge profits.The employees are the ones that keep the stores open and provide the excellent service that they do to the Tesco customers. These are the people who keep the customers of Tesco coming back to shop. Management in Tesco is very important because the managers are the people who deal with the customer’s complaints after they have been reported to customer service. The managers will tell their staff how they can improve upon what they are doing in the interest of the customersFinancersFinancers are important because they fund Tesco to make their expansion of the business possible. By expanding the stores more interest in Tesco is created. An example of Tesco expanding is the Elmers End store. It is currently undergoing expansion at both ends of the store. By doing so more customers will shop there when the expansion is completed meaning Tesco will make more profits. Financers are a powerful stakeholder because they can any money they have loaned Tesco back if they think the business is not doing well. If this happens shareholders may get worried encase of the business going bankrupt which means they may sell their shares as not to lose money meaning Tesco risk being taken over.  Tesco may need financers for store expansion or even building a whole new store.SuppliersSuppliers are important to Tesco because they supply Tesco with the goods to sell. Obviously the suppliers will want good money for the goods they supply to Tesco, this is the reason why suppliers will have an interest in Tesco because they will want there products to sell well. If particular products don’t sell well in the Tesco stores Tesco might decide that it is not beneficial to them to buy these items any more resulting in the suppliers not making any profits.Tesco also sell a range of fair trade items. These are items that ensure that 3rd world countries are better off.  Tesco might not make as much profit from this but they may gain more customers from it meaning more profit in the long run. Tesco need to give good notice to their suppliers so that their orders can be finished on time. If Tesco’s orders are not on time then this may make Tesco bring their custom elsewhere, usually to a supplier that can process there orders on time. Tesco will also want a good value for what they are buying. Example Of StakeholdersHow are stakeholders influenced by the businessHow is the business affected by stakeholders?ChildrenNow I will be describing the different stakeholders involved in influencing the UK’s children charity NSPCC, in this description we will get to tell between the main key stakeholders in the charity, and their importance in which they take part within the organisation.  NSPCC although being a charity have important stakeholders and those stakeholders include children, funders, trustees, donors, government, and local community. I think that the children have the biggest effect on the company because without them the NSPCC wouldn’t have any leads to save the children. If children didn’t step up or if they weren’t telling anyone that there getting abused and mistreated then it would affect the organisation greatly. Although the children are not donating it’s them that the organisation depends on. DonorsDonors also have a massive part to play the reason for that is if there was a lack of donors the organisation NSPCC won’t be able to succeed in what they had planned, NSPCC obviously had agendas and targets, they need money in order to achieve those targets, and that where the donors come in thus without the donors from generous people the organisation will most likely fail.  NSPCC use matter awareness adverts to grab in donors Board of TrusteesTrade Union