Stakeholders Of A Business Organization

Firstly Stakeholder is an individual or a group who has an interest in the success of a business I delivering high results and maintaining the viability of the business’s products and services.There are internal and external

The workers of Tesco PLC are interested in the level of profit which is due to workers would want to receive a higher wage, incentives and more flexible work hours. So, the workers will feel motivated to do better among all the other workers. As this could lead to a promotion to move up in their career at Tesco PLC. The workers would want to be working in clean and safe environments and that their job at Tesco PLC is secure. Therefore, from this the level of profit is important as this can be reinvested for the higher wages or can be reinvested into the store to fix any issues. For example, more cleaners in case of a hygiene issue.

A stakeholder is anyone with an interest in a business. Stakeholders are individuals, groups or organisations that are affected by the activity of the business. There are two different types of stakeholders; internal and external. Internal stakeholders are groups within the business e.g owner/workers and employees. External stakeholders are local and national communities and governments, these are groups outside of the business.

Tesco's have different stakeholders who effect the business. One of their stakeholders are the customers, because these are the people who buy from Tesco

Employees- Employees expect from the company to provide them with a source of income. They also want to work for the company they are interested in. The company they feel proud about and want it to progress.

Employees can have a big effect on an organisation depending on how productive and efficient they are in their role in the job. If workers refuse to work due to working conditions, debating wages and company policies then they can resort to industrial action. This could result in a ban on overtime, sit-ins or extreme cases the workers will refuse to work. The difference between Oxfam and Tesco employees is that Tesco’s employees expect a monthly/weekly wage to pay bills and other essential things in life where as Oxfam employees do not expect a salary as they are all volunteers and want to help the charity.

As an employee of Tesco myself, I know that they have regular 1:1 meeting held within each of the different departments with the team leader. This is essentially gives them the opportunity to report back and provide the employee with the necessary feedback that they need to progress on to the next stage of their personal

The purpose of Tesco is to sell every day necessities to the whole population such as food, clothes, electric goods such as well as

A stakeholder is someone who someone who benefits or is burdened by a corporation, or someone who the corporation benefits or is burdened by. (Steiner). Stakeholders are represented by two main groups; primary and secondary

Stakeholders are anyone who has a interest or influences the business in anyway. There are two

Even though the salesperson is the front man for the company, the human resource and management team act as the glue that holds the company together. The president of

Tesco are the UK's number one retailer and Tesco pride themselves on offering a great shopping experience. Tesco are passionate about our food, merchandise and services and will always try to get things right for their customers (Recruiter - Technology, n.d.).

Employees are essential to a well-functioning business and to provide quality service to consumers. It is important for the business to care for their staff, making sure that they are happy with working conditions etc. and this is right up there with the importance of financial matters, because customer service is another key to returning customers, and if there is not a happy worker then there won´t be good customer service.

A stake holder, in general is defined as an individual or organization likely affected by the performance of an organization. In “The stakeholder theory of the corporation: Concepts, evidence, and implications” by Thomas Donaldson , he quotes Stanford research institution and calls stake holders “those groups without whose support the organization would cease to exist.”

The (word) stakeholder means any person with an interest in business, someone who can contribute to the company grows and success or who benefits from its success. The various stakeholders in business have differing role and their level of involvement in the enterprise varies