The Relationship and Influence of Internal and External Stakeholders on Business Practice: A Case Study of TESCO

Project

Contents
INTRODUCTION.......................................................................................................................................3
MAINBODY...............................................................................................................................................3
Discussing and evaluating the stakeholder of the organization................................................................3
Analyzing the relationship of stakeholder with the organization.............................................................4
Evaluating the CSR and its importance...................................................................................................5
CONCLUSION...........................................................................................................................................6
REFERENCES............................................................................................................................................7

INTRODUCTION
The stakeholder of an organization refers to individuals that have interest in the company
and can either affect or be affected by the organization. The primary stakeholders of an
organization generally consist of investors, employees, customers and suppliers. For the
following report TESCO has been taken into consider which is a multinational groceries and
general merchandise retailer headquartered in Welwyn Garden City, UK. The fowling repot will
highlight the stakeholder of the organization through utilization of stakeholder analysis. In
addition to this it will discuss the relationship of various stakeholders relative to the company
along with evaluation of its CSR.
MAINBODY
Discussing and evaluating the stakeholder of the organization.
It is crucial for an organization to evaluate its stakeholders in order to gain valuable
information on how the organization can effectively enhance its overall performance as well as
productivity in the markets. It also allows the business to evaluate its relations with its various
stakeholders and develop understanding how the communication be enhanced. In context to
TESCO, the organization has various stakeholders with various roles that influence the
operations of the organization. It is vital for the management the organization to classify the
stakeholder of the organization in order to better understand their importance for the business.
Stakeholder analysis has been utilized and elaborated below in context to TESCO in order to
further undersnt the aspect of stakeholder:
Stakeholder analysis:
The stakeholder analysis of matrix allows an organization to map its stakeholder relative
to their ability in impacting the project either low to high against their view of the project which
can be negative or positive. Given below is Mendelow’s Stakeholder Matrix in context to
TESCO:
Low Interest – Low Power:
This aspect of the matrix refer to the stakeholder that have low interest in the business
operations as well as possess little no power in impacting project of the business. In context to