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Business P2

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Business P2
Stakeholders.
P2. My two companies are Hackney Community College & Tesco.
Stakeholders are a person with an interest or concern in something for example a business.
Customers
A person or organisation that buys goods or services from a store or business.
Hackney Community College example: Students come to the college for a service which is education.
Tesco example: Public people, bars, convenience store and cash & carry these are all customers that sell food.
Employees
A person who exchanges services for wages of salary.
Hackney Community College example: Principle, teachers, receptionist, cleaners, caretakers these are all people that work at the college.
Tesco example: Factory workers, advertising department, people that deal with the sales. At Tesco there is a great deal of people that work for them not just factory workers but also people that advertise the business though television and keep the website updated, people that contact suppliers and deal with sales and delivery of the product.
Owners and shareholders
These are the owners of shares within the business/company.
Hackney Community College example: The government owns Hackney Community College example because it is public.
Tesco example: BlackRock Inc, Norges Bank and Berkshire Hathaway Inc.
The local and national community
A community is a group of interacting people sharing an environment.
Hackney Community College example: Local residence & local business of Hackney.
Diageo example: There are 3,141 stores in total all over the UK this includes superstores, extras, expresses, metros. The head office of Tesco is located in Cheshunt, Hertfordshire.
Trade Union
A labour union of workers in a particular trade.
Hackney Community College example: NUT (National Union of Teachers), UVISON & ATL (Association of Teachers and Lecturers). These are a union where teachers in the college & outside can come together and change what doesn’t satisfy them.
Tesco example: USDAW.

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