Part of The Student Room Group

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

A comprehensive review of the role and relative importance f the organisations stakeholders.

Extracts from this document...

Introduction

A comprehensive review of the role and relative importance f the organisations stakeholders. Tesco plc is a British-based international grocery and general merchandising retail chain. It is the largest British retailer by both global sales and domestic market share, and is the world's third-largest retailer, behind Wal-Mart of the United States and Carrefour of France. Tesco now controls just over 30% of the grocery market in the UK, approximate to the combined market share of its closest rivals, Asda and Sainsbury's. In 2007, the supermarket chain announced over �2.55 billion in profits. Originally specialising in food, it has diversified into areas such as discount clothes, consumer electronics, consumer financial services, selling and renting DVDs, compact discs and music downloads, Internet service, consumer telecoms, consumer health insurance, consumer dental plans and budget software. ...read more.

Middle

Therefore, it is vital that all the business supplies are on time. Suppliers are probably the third important part in a business, they provide the products and if they are not on time it poses a great threat to the financial state of a business. On the other hand, suppliers aren't that important in decision making because they're scared of losing their contract with Tesco. The main jobs of the suppliers are to sell fresh stock daily at market price. Employees May want an increase in pay rise. Staffs have a very big interest in Tesco; they have an interest in the business in the form of wages, bonuses, discounts, and holiday pensions. ...read more.

Conclusion

Trade Unions Play an important part to help employees receive the pay as possible, within the limits and boundaries. Employer associations They balance out the trade unions to make sure that both owner and employees are happy and are receiving/giving the right amount of money. Sponsors This makes profit for the business even if the business isn't making profits in the business it self. Tesco sponsor's a charity. This shows that the store is responsible and people will visit more. Local and national communities Give planning permission if a business decides to build a new store Pressure group Are important when building a new store. Pressure group can really go to extremes to stop big stores building on site. ?? ?? ?? ?? Josh Davis ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Case Studies section.

Found what you're looking for?

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

or


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 GCSE Case Studies essays

  1. unit 8 business online p1

    But these are not the only choices and combination of transport services may be used. The two main important factors to consider are the type of goods and the speed at which they must be transported. Heavy goods are more expensive to transport than those which weigh very little; bulky goods are dearer than small ones.

  2. aims and objectivs of tesco

    meant that the customers could not always get what they wanted when they went into the stores. Tesco learnt from this mistake by Sainsbury and always made sure that there stores were stocked and their shelves were always full. This therefore converted Sainsbury customers to Tesco customers.

  1. Aims and Objectives of two contrasting organisations (boots and oxfam)

    * Entering new geographical markets where stable regulatory environments, large populations, growing healthcare expenditure, scope for wholesaler consolidation and the right management can be found, such as in Russia and China. Stakeholders Shareholders - an individual or company (including a corporation)

  2. Unit 5 - Customer Service

    It sets out legal redress, the positive action employers can take to address race discrimination, and the liability of employers. It also established the Commission for Racial Equality as well as that body's terms of reference and enforcement powers. The Disability Discrimination Act 1995 The Disability Discrimination Act makes it

  1. This marketing report is going to look at the internal and external analysis of ...

    can go away and book it online, taking advantage of this discount. Mark Warner does not offer this option as you can only book online or over the telephone. As with internet companies, there are several competitors. The main online ones for Mark Warner are: * www.iglu.com * www.neilson.com *

  2. Busines comparison between Tesco & Sainsburys

    � 112.00 136.00 154.00 Fixed assets Mill. � 7,105.00 8,140.00 9,580.00 Fixed investments Mill. � 336.00 251.00 304.00 Stocks Mill. � 667.00 744.00 838.00 Debtors Mill. � 151.00 252.00 322.00 Cash, securities Mill. � 328.00 346.00 534.00 Creditors short Mill.

  1. Would the opening of a fast food restaurant on Riddy lane (Luton) represent a ...

    The fast food restaurant would benefit if it used a channel of distribution like this; Producer --> Consumer, it is short and leaves a long time before the food goes off so it has a suitable time to be prepared and sold to customers. Riddy lane is in Luton, Bedfordshire.

  2. Primark and Blockbuster Describe the main aims and objectives of the business and the ...

    E.g. blockbusters are becoming global leaders through this. More and more people are renting their movies and games and buying them also. So blockbusters have been doing fairly good with their pricing but however. More people are downloading the movies and games of online for free. This put blockbuster into gaining loses of customers.

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