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

    The main reason of why Tesco have grown their sales is the increase in customers the reason for the increase of customers is the low prices. The reason that Tesco have got such low prices is because they operate through the central buying system and this is another one of Tesco's objectives, which is to operate effectively.

  1. EVALUATE THE EFFECTIVENESS OF APPLES APPLICATION OF THE MARKETING MIX WITHIN THE UK MARKET

    Competitor's prices were much lower than the iPhone again losing Apple customers. My View; I think if Apple wanted to get more customers they may need to consider lowering their prices to meet or beat their competitors. Question 5 - What is your opinion of the limitation to the O2 network?

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

    Objectives Their strategy is underpinned by their continued focus on patient/customer needs and service. The key steps Boots are taking in the UK to execute their strategy are: * Making Boots more convenient and accessible for customers. They are re-branding over 1,000 outlets into "your local Boots pharmacy" and relocating more Boots stores/pharmacies to improved locations.

  1. 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

  2. Busines comparison between Tesco & Sainsburys

    There may be many reasons, examples: Advertisement, Locations, Name of Company, Quality of Own Branded Products, Price, Service, etc... These reasons is what makes Tesco are more successful company than Sainsburys in turnover. As you can see Tesco is very close to the station it also has a very large car park.

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

    staff will have to come in to the college which will mean the fast food restaurant will have more potential customers which may increase demand for there business. Also the Arndale centre is planning to extend the premises to have more businesses which will lead to the businesses having to hire more staff.

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

    Question 5) overall view of the business. School public Overall view of blockbuster, means it include the 4ps and the whole business layout itself. Meaning the staff, the stores and what the business should, does provide. Some positive feedback which I got back from the students was that the students thought that the deals which blockbuster gave were amazing.

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