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Unit 1 D1

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Christ the King Sixth Form College
BTEC 90 CREDIT DIPLOMA IN BUSINESS
UNIT 1: THE BUSINESS ENVIRONMENT
D1. Evaluate the influence that different stakeholders exert in one of organisations
Select organisation: Tesco
Tesco is a large international organisation that it has stores where across 12 countries such as Asia, Europe and North America. Tesco is a public limited company that it is owned by shareholders. The purposes of Tesco is to make profit by selling products to customers and continue to expand in other countries.
Key stakeholders * Customers: Customers are stakeholders of Tesco because they are interesting on the products that the company provide. Customers want the Tesco to provide high quality products. Customers often describe what they have bought. Customers can influence the purpose of Tesco that If the business just provide products to customers and do not know what customers want, customers world not like to spend money on the organisation’s products or service. * Employees: Employees are the stakeholders on businesses because they want the company to provide good working environment to them. Employees want the ob\rganisation to provide a good working environment and good conditions. Employees can impact purposes of Tesco that if Tesco does not meet employees’ needs, employees will not like to work in Tesco and they may not provide good work for the organisation. * Suppliers: Suppliers are the stakeholders on businesses because they need to provide high quality products. Suppliers want Tesco to pay for products on time and they also want to feel value by Tesco that they supply. Suppliers can impact the purposes of Tesco that if suppliers do not provide high quality products, Tesco will not get many profit that customers would not like to buy products from Tesco. * Owners: Owners are the stakeholders of business because they

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