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D1 Passed

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Submitted By Uwais1994
Words 1471
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Unit 1 – The Business Environment (D1)
Introduction:
In this assignment I will be evaluating the influence different stakeholders exert in one business. I will start of my assignment by giving you a brief introduction on my chosen business, I will then draw up a spider diagram which will be showing you 6 stakeholders for my chosen business. For each of those stakeholders I will identify 2 influences that they can have on the business, and I will list the advantages and disadvantages of these influences on the business. And finally I will conclude my assignment by telling you what I have done. The business that I have chosen to do is Tesco’s.

Introduction to my chosen business Tesco’s:
Tesco’s was founded by Jack Cohen in 1919 and opened its first store in 1929. Tesco’s has stores in 14 countries across the likes of Asia, Europe, North America, Malaysia, the Republic of Ireland and Thailand and UK. Tesco has five different names for its business such as Tesco’s metro, Tesco’s extra, Tesco’s superstores, Tesco’s express and one stop, all of these stores sell different types of products for example some sell grocery and electrical products where else some just sale groceries.
Source: http://en.wikipedia.org/wiki/Tesco
Tesco’s Business Logo:

A spider diagram showing you 6 stakeholders for my chosen business Tesco:
Shareholders
Shareholders

Suppliers
Suppliers
Customers
Customers

6 Stakeholders for Tesco’s
6 Stakeholders for Tesco’s

Government
Government
Employees
Employees

Manager
Manager
]

6 Stakeholders for Tesco’s, and 2 ways in how they can influence the business, and also the advantages and disadvantages of this influence for Tesco’s: 1. Shareholders: * The first way in which a shareholder can influence Tesco’s is by giving them less money. One advantage of this influence is that Tesco is likely to work more efficiently,

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