Preview

Tesco Stakeholders Case Study

Powerful Essays
Open Document
Open Document
1375 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tesco Stakeholders Case Study
2.1 Identifying stakeholder for decision making The person how have invested in the business is known as the stakeholder. The person how have invested in the Tesco company then it is Tesco stakeholder. This per can be any one like it can be the creditor, debate, government, employee, any other company owner and owners or top level of a company. The person can affect the company because his some amount have been put in the Tesco. The stakeholder provides the financial helps to the company the stakeholders also affect the company. Some basic role of the stakeholder in making the decisive that are as follows:

Product development: It well helps in getting the information about the product. The feedback forms after providing the services then
…show more content…
Then stockholder gives their perception through the productions and they have to give the idea. They can have the authority to say that they do not like the product reseat the product because stockholder provides the funds to the organisation. Then he has the rights to challenge the decisions of the company. The stockholder can the employee of the same company. The company have to be work with the stakeholders. If the company well not give the good services to the stakeholder then company well be not able to get more …show more content…
Personal networking is a group of caring, devoted people who promise to create a relationship with any other person in a sequence to support a given format of activities. Personal network refers some question to an individual and group like who knows about you? What do you know about any other person? It is a personal interaction with other person and another group. IT show the people network and tell about the quality of another person. All organisations refer personal network and human resource manager always cares about the relationship between two or more person. Personal networking is very necessary for the organisation. A person meets with others and provide self-information and get the information so there is a relation between both people. It relationship help to improve own skills and

You May Also Find These Documents Helpful

  • Good Essays

    I am going to evaluate the influence that stakeholders exert on Tesco. I will be evaluating the following stakeholders: customers, employees, shareholders, suppliers, the government and owners.…

    • 1456 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Tesco have 5 main investors which have invested into Tesco and made it larger and more global company. Tesco are a private limited company owned by shareholders who fund the company because Tesco is a private limited company if the company goes bankrupt the shareholders will only lose the money they have invested into the company and all of their personal assets are safe.…

    • 693 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    TESCO’S stakeholders are the customers that aim to their money in the business if they are proud with the product that they want to purchase, Tesco other stakeholders are there employees that work for Tesco plc, the managers that manage stores and owners that that have a stake in the business.…

    • 493 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Tesco Aims and Objectives

    • 1396 Words
    • 6 Pages

    Tesco is now a very successful retailer in the UK. Also, it is the second-largest retailer in the world measured by profits and third-largest retailers in the world measured by revenues. Which it is the business that I have selected to carry out my investigations.…

    • 1396 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    It is perfectly reasonable to expect any member of staff in an organisation, to be able to answer simple questions about their products or services provided on the spot. However most business will have a customer service desk, the employee’s who work here would have received special training, to enable them to answer any and all questions asked by the customer. It is however perfectly reasonable for the business to take a longer time to answer either a longer question/enquiry or more complex question/enquiry, however whatever the question it is expected to be answered correctly regardless of how they come to the answer. Tesco’s has a customer service desk in all major stores, and most of the smaller stores and all staff members receive training on their products.…

    • 2882 Words
    • 12 Pages
    Better Essays
  • Good Essays

    To grow the uk core - Tesco wish to expand on the number of stores in the UK, also the number of services they provide in the UK…

    • 585 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Unit 1 Business Level 3

    • 2538 Words
    • 8 Pages

    Tesco is a Public Limited Company. This means that the stakeholders will have limited liability to the company. Therefore this separates the stakeholder’s personal assets from Tesco. For example, if Tesco became into debt and was to close, the…

    • 2538 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Investors/shareholders are very important stakeholders in Tesco as they are the owners and will obviously want it to do well because otherwise they will not make a profit. Without investors/shareholders there wouldn’t be any funds, so…

    • 1150 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The stakeholders are the shareholders because they maximize the value of the company. Carol Tempest who is the VP of Human Resources is also a stakeholder as well as Ana who is the Director of Sales. Gayle Dornier who is an employee, Bill Witherspoon who is the…

    • 1135 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    An aim is something a business would like to achieve. A business may only have one aim but others may have more than one:…

    • 600 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Tesco Swot Analysis

    • 107 Words
    • 1 Page

    The first stakeholder is - Customers. They are very important as customers contribute to company's turnover and profit, this is through purchasing products that Tesco sell. Customers choose stores where they shop through comparison. They choose from; quality, price tag and good service. If supermarket meets these criteries then customers will go and spend money in their shop. So If the products are less pricy at Tesco's people will shop there. Tesco is one of those organisations that have customer loyalty and have the same regular customers in the UK and the rest of the world. They encourage people by supplying them with discounts, loyalty cards etc.…

    • 107 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    A stakeholder is a person, group or organization that has interest or concern in an organization (businessdictionary). Generally the common characteristics stakeholders might have are if they stand to gain or lose through the success or failure of the company. “A corporate stakeholder can affect the actions of a business as a whole” (businessdictionary). PharmaCARE is a well-reputed company whose number one goal is to produce quality care products across the world. PhramaCARE’s prime stakeholders include CompCARE, employees and the employers. Any decision PharmaCARE makes can either be a negative or positive…

    • 1463 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Establish Networks

    • 928 Words
    • 4 Pages

    Networking is about connecting and engaging with people. it can be done formally or informally and is vital for effective career management. it is an excellent way to gain information, which will enable you to identify appropriate opportunities, and to target positions and organisations where you will be able to grow professionally. Also, some of your network contacts can, at times, act as a mentor to you in an informal (or formal) mentor relationship.…

    • 928 Words
    • 4 Pages
    Better Essays
  • Good Essays

    * Owners: In a company it would be the stakeholders. They are often thought to be the most important stakeholders as they have set up the business and invest a lot of time into it to make it successful. Owners want to see their share and the business capital increase.…

    • 933 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Introduction to Tesco

    • 259 Words
    • 2 Pages

    Tesco is the largest British retailer and is also world’s third largest retailer with outlets across Europe, USA and Asia. They come with one purpose which is creating value for money to earn customers’ life loyalty. The business began in 1919, one man named Jack Cohen selling groceries from a stall in the East end of London. He bought surplus stocks of tea from T.E.Stockwell. This company and Cohen combined their names to brand the tea Cohen originally sold- TESCO tea. In 1929, the first Tesco opened in north London.…

    • 259 Words
    • 2 Pages
    Satisfactory Essays