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Unit 2 P2 Business

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Create a mind map describing the different stakeholders who iTesco.
Tesco.
Customers want good quality products and services for affordable prices. They like to see improvements constantly being made so that they feel they are getting value for money. Quite often, people associate themselves with certain brands they buy. Organisations and businesses are dependent upon their customers.
Customers want good quality products and services for affordable prices. They like to see improvements constantly being made so that they feel they are getting value for money. Quite often, people associate themselves with certain brands they buy. Organisations and businesses are dependent upon their customers.
Tesco’s customers have a huge influence over the business. They use their customer insight to make any appropriate and needed changes to their business. If Tesco don’t offer the right services, products and promotions, then their customers will end up shopping in alternative stores. This will reduce any profit being made.
Tesco’s customers have a huge influence over the business. They use their customer insight to make any appropriate and needed changes to their business. If Tesco don’t offer the right services, products and promotions, then their customers will end up shopping in alternative stores. This will reduce any profit being made.
Shareholders are often the most important type of stakeholders. This is because, without them, businesses lose their value which will affect its overall business standing and performance.
Shareholders are often the most important type of stakeholders. This is because, without them, businesses lose their value which will affect its overall business standing and performance.
Pressure groups have an influence over Tesco because if the business faces an investor revolt, then it is very concerning as it will not only make the business look bad, but it can also put the company at risk of being shut down. Pressure groups also have the ability to make people consider shopping at another chain of supermarkets, which means that Tesco could lose many of its customers.
Pressure groups have an influence over Tesco because if the business faces an investor revolt, then it is very concerning as it will not only make the business look bad, but it can also put the company at risk of being shut down. Pressure groups also have the ability to make people consider shopping at another chain of supermarkets, which means that Tesco could lose many of its customers.
The government can influence Tesco in different ways, such as giving them planning permission and sorting out taxes etc. For example, if Tesco want to open up new stores, they have to contact the government to gain planning permission to do so. Taxation policy that is in place by the government affects business costs. An example of this is a rise in corporation tax which is based on business profits, has the same effect as it would if there was an increase in costs. Another government policy that can affect Tesco is interest rates. If the government decides to raise interest rates, the cost of the business borrowing money will rise and can cause consumers to spend less, which would influence Tesco do to a fall in sales. They have to abide by any changes that the government makes in regard to general rules, which could influence the way the run their business.
The government can influence Tesco in different ways, such as giving them planning permission and sorting out taxes etc. For example, if Tesco want to open up new stores, they have to contact the government to gain planning permission to do so. Taxation policy that is in place by the government affects business costs. An example of this is a rise in corporation tax which is based on business profits, has the same effect as it would if there was an increase in costs. Another government policy that can affect Tesco is interest rates. If the government decides to raise interest rates, the cost of the business borrowing money will rise and can cause consumers to spend less, which would influence Tesco do to a fall in sales. They have to abide by any changes that the government makes in regard to general rules, which could influence the way the run their business. nfluence the purpose of Tesco Plc and Oxfam. ( P2)
Employees are internal stakeholders, and have a big influence over Tesco, as they are the people who help the services and products to get sold. If employees refused to work, or went on strike for example, the business would be at high risk as there wouldn’t be people to sort out deliveries, serve customers and do any required things that are in their job description. They also talk to customers, and recommend certain products and services, which helps Tesco to bring in a lot more money. Without this, Tesco would lose a lot of business. They have a strong influence over the business and the way it is run, as if they are not happy then they can refuse to work.
Employees are internal stakeholders, and have a big influence over Tesco, as they are the people who help the services and products to get sold. If employees refused to work, or went on strike for example, the business would be at high risk as there wouldn’t be people to sort out deliveries, serve customers and do any required things that are in their job description. They also talk to customers, and recommend certain products and services, which helps Tesco to bring in a lot more money. Without this, Tesco would lose a lot of business. They have a strong influence over the business and the way it is run, as if they are not happy then they can refuse to work.

Another type of stakeholder is suppliers. They supply businesses and organisations with the goods and products that they require. They want steady orders and quick and effective payment for the work and services that they deliver. They want to be treated well from businesses that they supply goods to. Suppliers can decide whether to raise prices for orders which obviously will affect a business’ profits. Without suppliers, Tesco wouldn’t have any products or services to sell. Suppliers can influence Tesco as a business as they can affect the availability and quality of the product and the costs based on any price changes or credit terms , etc. They can affect the quality of products positively or negatively. There timing of deliveries also have a big influence over Tesco, as it is vital to how customers view Tesco as a company’s reliability.
Another type of stakeholder is suppliers. They supply businesses and organisations with the goods and products that they require. They want steady orders and quick and effective payment for the work and services that they deliver. They want to be treated well from businesses that they supply goods to. Suppliers can decide whether to raise prices for orders which obviously will affect a business’ profits. Without suppliers, Tesco wouldn’t have any products or services to sell. Suppliers can influence Tesco as a business as they can affect the availability and quality of the product and the costs based on any price changes or credit terms , etc. They can affect the quality of products positively or negatively. There timing of deliveries also have a big influence over Tesco, as it is vital to how customers view Tesco as a company’s reliability.

Oxfam
Oxfam
The customers sometimes come to the shop to buy clothes, toys etc . Some customers are the people who buy products from the store, from people who had donated them.
The money that comes from these sold items is given to help the poor.
These customers would want good service, reasonable price, good variety and what they really want to do is to help others.
The influence of customers in the business is a lot because the customers buy items from the organisation shops and help in giving money to the organisation.
The customers sometimes come to the shop to buy clothes, toys etc . Some customers are the people who buy products from the store, from people who had donated them.
The money that comes from these sold items is given to help the poor.
These customers would want good service, reasonable price, good variety and what they really want to do is to help others.
The influence of customers in the business is a lot because the customers buy items from the organisation shops and help in giving money to the organisation.
The donors are a way the organisation makes money to reduce poverty; sometimes the people around the world donate money, businesses like ASDA, Tesco, etc., donate money, then the rest of the money comes from festivals that are held to reduce poverty around the world.
The money that this company makes is then given to Oxfam to help the poor and provide them with their needs. They have a huge influence within the business, as they support them with money, which is then used to tackle poverty and natural disasters in poor countries.
The donors are a way the organisation makes money to reduce poverty; sometimes the people around the world donate money, businesses like ASDA, Tesco, etc., donate money, then the rest of the money comes from festivals that are held to reduce poverty around the world.
The money that this company makes is then given to Oxfam to help the poor and provide them with their needs. They have a huge influence within the business, as they support them with money, which is then used to tackle poverty and natural disasters in poor countries.
The trustees are the people that control this business and make all the decisions about how good the business is doing and what could be done to make the business improve in future. These are appointed because of their commitment to Oxfam and their experience and skills, which enables them to undertake the responsibilities of trusteeship of a large and complex charity like Oxfam. The trustees would want the business to help reduce poverty as quick and they would want them to provide service for the poor as soon as possible. They have a huge influence as they create most of the aims and objectives.
The trustees are the people that control this business and make all the decisions about how good the business is doing and what could be done to make the business improve in future. These are appointed because of their commitment to Oxfam and their experience and skills, which enables them to undertake the responsibilities of trusteeship of a large and complex charity like Oxfam. The trustees would want the business to help reduce poverty as quick and they would want them to provide service for the poor as soon as possible. They have a huge influence as they create most of the aims and objectives.
The poor would want a good service from Oxfam to help them get to their needs, they would want: clean water, shelter, clothes and etc. if Oxfam cannot provide the poor with these things, then instead of trying to help them it will be killing them. The receivers have a huge influence as they are the main reason why started. Without them, there would be no people to help; this meaning no need of Oxfam.
The poor would want a good service from Oxfam to help them get to their needs, they would want: clean water, shelter, clothes and etc. if Oxfam cannot provide the poor with these things, then instead of trying to help them it will be killing them. The receivers have a huge influence as they are the main reason why started. Without them, there would be no people to help; this meaning no need of Oxfam.
The media are the people who produce adverts for Oxfam, so they can be known in all areas. They influence the business by creating adverts that will persuade many people to donate money and buy their clothes. Without the media Oxfam would have low publicity, which means less people donate. They have a huge influence on Oxfam, as they spread the word about their work.
The media are the people who produce adverts for Oxfam, so they can be known in all areas. They influence the business by creating adverts that will persuade many people to donate money and buy their clothes. Without the media Oxfam would have low publicity, which means less people donate. They have a huge influence on Oxfam, as they spread the word about their work.
The suppliers at Oxfam are to raise money for the poor. The suppliers play a part in helping the people in need as well. The suppliers can be donors as they give things cheaper or for less money to the organisation. The supplier's influence on the business is that they help in giving supplies to the organisation in exchange for money.
The suppliers at Oxfam are to raise money for the poor. The suppliers play a part in helping the people in need as well. The suppliers can be donors as they give things cheaper or for less money to the organisation. The supplier's influence on the business is that they help in giving supplies to the organisation in exchange for money.…...

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