Friday, June 7, 2019

Type of Business, Purpose, Ownership and Influence Essay Example for Free

Type of Business, Purpose, Ownership and Influence EssayDescribe the type of business, purpose and monomania 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 sh argon of 30%. It excessively is the market leader in Malaysia, Republic of Ireland and Thailand. Tescos avouchership is based in a lot of shareholders. Dagenham Park Leisure warmheartednessDagenham Park Leisure concentrate on 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 its 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 channelise meetings. . Describe the different stakeholders who influence the purpose of these contrasting organisations. TESCO PLC In Tesco we can identify different stakeholders such as vestors/shareholders (owners), customers, employees, suppliers and financiers. Investors/shareholders are very big stakeholders in Tesco as they are the owners and will obviously want it to do well because otherwise they will non make a profi t. Without investors/shareholders there wouldnt be any funds, so Tesco would be able to carry on as a business.Also if Tesco isnt making profit, the investors/shareholders will have to trade in their shares and invest in other business that will give them profit with this, Tescos shares could decrease and if they decrease a lot, Tesco could go bankrupt and this would be bad for everyone, customers, employees, suppliers and financiers. The customers are also very important. Tesco care most businesses need their customers because they are the businesses income as the customers are the people who buy Tescos products.The customers are a bit like a pressure group because they apply pressure to Tesco to meet their needs. Meeting the customers needs can be things such as expanding their stores or giving more admixture on certain products. Basically, a customer wants quality goods at a low cost. They would also want a variety of products to choose from and it is Tesco responsibility to p rovide them what they want otherwise if Tesco doesnt respond to the customers needs in a positive way, Tesco office lose their customers and this will detriment the business and the shareholders wont be very happy with this.The employees are the people who Tesco pays to provide service. Tesco need to provide their employees with good working conditions, reasonable hours and extend them fairly because otherwise the employees will not be happy at their job which could lead to them resigning. If Tesco employees start resigning for negative reasons then word could overspread that Tesco have bad working conditions and that employees of Tesco are not treated fairly meaning Tesco may find it hard to find skilled staff.Suppliers are important to Tesco because they supply Tesco with the goods to sell. The suppliers will want good money for the goods they supply to Tesco this is the reason wherefore suppliers will have an concern in Tesco because they will want their products to sell w ell. If particular products dont sell well in the Tesco stores Tesco might decide that it is not beneficial to them to buy these items any more resulting in the suppliers not making any profits. Financers such as are important because they lend money to Tesco to make there expansion of the business possible.By expanding the stores more interest in Tesco is created. By doing this, more customers will shop there when the expansion is completed meaning Tesco will make more profits. Dagenham Park Leisure nub The local community will have a huge impact, because if there arent any individuals paying for using the facilities, there wont be any profit for the business, so they have to provide good service and quality facilities so the community will be satisfied, the other reason why the local community is mportant is because the leisure centre was aimed for them, so if they dont make use of it, the purpose of the organisation wont be accomplished. The employees are very important, because the management in Leisure eye is vital. The employees will get paid to provide services of all types (laundries, dance teaching, personal trainers, managers, etc. ). They also have to be provided will good working conditions, so they will be satisfied, otherwise they will resign and it will prejudice the Leisure centralize as there wont be anyone to provide services to the community.Barking Dagenham council is a very important stakeholder, as they are part of the government they are funding the Leisure Centre and they will want that the Leisure Centre makes good profit and provides good service for the community. If it is the other way around, the Council might disgrace facilities or even close the Leisure Centre due to the costs and if it happens it will affect the community as they will lose the facilities the Leisure Centre was providing and will also affect the employees as they will lose their jobs and become unemployed .Suppliers are important to the Leisure Centre becaus e they supply the Leisure Centre with the goods for the restaurant and not only. The suppliers will want good money for the goods they supply this is the reason why suppliers will have an interest in Leisure Centre because they will want their products to sell well, so they can keep selling their products to the Leisure Centre.If particular products dont sell well, Leisure Centre might decide that it is not beneficial to them to buy these items any more resulting in the suppliers not making any profits. Trade unions might have an impact of a Leisure Centre. Many employees in the public sector belong to Trade Unions, so if the Government tries to fire an employee that belongs to a Trade Union, the Trade Union might get involved and it might even go to court, this can influence that the Government keeps their employees for longer.

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