Preview

Type of Business, Purpose, Ownership and Influence of Different Stakeholders( Tesco and Dagenham Park Leisure Centre)

Powerful Essays
Open Document
Open Document
1150 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Type of Business, Purpose, Ownership and Influence of Different Stakeholders( Tesco and Dagenham Park Leisure Centre)
1. Describe the type of business, purpose and ownership of contrasting organisations.
TESCO PLC
Tesco plc. (Public limited company) is a global grocery and general merchandise retailer, headquartered in Cheshunt in the United Kingdom. Tesco is the third largest retailer in the world, measured by revenues and the second largest, measured by profit. Tesco has around 5380 stores around the world; David Reid is the chairman and Philip Clarke.
Most of the people think that Tesco is an international business however; Tesco is defined as a global business because as mentioned before, it has a large number of stores in 14 countries across Asia, Europe and North America.
Tesco is in the tertiary sector and is the leader grocery market leader in the UK; it has a market share of 30%. It also is the market leader in Malaysia, Republic of Ireland and Thailand.
Tesco’s ownership is based in a lot of shareholders.
Dagenham Park Leisure Centre
Dagenham Park Leisure Centre is a public organisation, which means that is own by the government, in this case Barking & Dagenham council. As we can see from the name it is located in Dagenham and it’s a local organisation and is part of the tertiary sector. The main purpose of this organisation is to offer the local community facilities such as a fitness suite, a dance studio, a meeting room, a sports hall, a climbing wall and much more facilities so people can practice different types of sports, dance and even hire rooms to organise meetings. 2. Describe the different stakeholders who influence the purpose of these contrasting organisations.
TESCO PLC
In Tesco we can identify different stakeholders such as investors/shareholders (owners), customers, employees, suppliers and financiers.
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

You May Also Find These Documents Helpful

  • 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
  • Good Essays

    Tesco is a British multinational grocery and general merchandise retailer, it has stores in 14 countries across Asia, Europe and North America and is the grocery market leader in UK, where it has a market share of around 30%.…

    • 1541 Words
    • 6 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

    In this report I will be investigating how TESCO keep their stakeholders happy and meet the needs of their stakeholders. Stakeholders are people who have an interest in the decisions that businesses make.…

    • 851 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    D1- UNIT 1

    • 612 Words
    • 3 Pages

    TESCO is a British multinational grocery and general merchandise retailer founded in England in 1919 and it has expanded around the world, specifically in 14 countries. Is the third-largest retailer in the world after the giant Wal-Mart (ASDA OWNER) and the French based Carrefour store.…

    • 612 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Tesco Plc and Bonzers Farm have similar stakeholders. The main ones are shareholders, customers, employees, government, local community, and suppliers.…

    • 1271 Words
    • 6 Pages
    Good Essays
  • Good Essays

    P1 Unit 13 Business

    • 941 Words
    • 4 Pages

    Tesco is based in 12 different countries which include China, Japan and Turkey and they employ people from the 12 countries they are based in. The main purpose of Tesco is to make what matters better and they also have other purposes which are to understand their customers and provide them with the best customer service they will ever experience.…

    • 941 Words
    • 4 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
  • Good Essays

    Tesco is a private organisation from the UK. Tesco is a supermarket which provides people with things they need like food and drink. It provides people with both a product and a service. In competition with Tesco are the other three major supermarkets from the UK, Morrisons, Asda and Sainsbury's. Sainsbury's increased its market share over the past year, it grew from 16.4% to 16.6% and had a growth of 5.1%. The other retailers (Asda, Morrisons and Tesco) have all lost market share over the past year, although Asda is ahead of Tesco and Morrisons in terms of its year-on-year sales growth, which stands at 2.4%. [1]…

    • 667 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Business Unit 1 Assignment 2

    • 3096 Words
    • 13 Pages

    Tesco PLC is a British multi-national grocery and general merchandise retailer. It is the third largest retailer in the world measured by revenues and the second largest measured by profits. It has stores in 14 countries across Asia, North America and Europe and is the grocery market leader in the UK. Tesco has been particularly successful because of its powerful brand. It has a reputation for value, low prices and for being customer focused. Its brand equity and associations have helped the company to expand into new sectors and markets.…

    • 3096 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Unit 3 P1 P2 P3

    • 3493 Words
    • 14 Pages

    Tesco is an international grocery and a general merchandising retailer in the United Kingdom. It’s the third largest retailer in the world and the second largest by profits. There are Tesco stores in fourteen countries in North America, Asia and Europe. Tesco are also known for being the grocery market leader in United Kingdom…

    • 3493 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Type – Tesco is one of the biggest Supermarket in the UK. It is not a local or a national business as they have shops all around the Europe. Tesco is a global business as it got stores in 14 countries across Asia, Europe and North America. Tesco belongs to the private sector which is run by private individuals or groups and is not under the government control. Tesco belongs to the tertiary sector because it provides goods and services to their customers.…

    • 490 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The three most important stakeholders in Tesco are the employees, customers and owners. However, other stakeholders such as the trade unions, suppliers and Investors are also important.…

    • 740 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    unit 13 p1

    • 2513 Words
    • 11 Pages

    Tesco is the biggest private sector employers and market leader in the UK supermarket sector.…

    • 2513 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    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:…

    • 1375 Words
    • 6 Pages
    Powerful Essays