Stakeholder Analysis: Impact on Tesco's Business - BMS412 Module

This report provides an analysis of the relationship and influence of internal and external stakeholders on Tesco's business practices. It defines stakeholders, distinguishing between internal (employees, owners, managers) and external (customers, suppliers, government, local community) groups. The report explores Tesco's corporate social responsibility (CSR) initiatives and their importance. It concludes that understanding stakeholder relationships is crucial for business success. Desklib provides a platform for students to access similar reports and study resources.

Professional Discussion
Notes

Table of content
 Introduction
 Analyse the relationship and influence internal and external stakeholder have on
business practices.
 ANALYSIS OF TESCO WITH ITS STAKEHOLDERS
 CORPORATE SOCIAL RESPONSILITY:
 Conclusion
 Reference

Introduction
Stakeholders can be defined as the group or any individual or an organisation which
is directly or indirectly involved in the business or affects or cab be get affected by
the business. Stakeholders can be employees, customers, suppliers or any other
person who has invested in a particular company.

Analyse the relationship and influence
internal and external stakeholder have on
business practices
Internal stakeholders of Tesco
 Internal stakeholders can be defined as
the ones who come in the direct contact
with the company and are interested in
the growth of the company and help by
investing or affecting the organisation.
External stakeholders of Tesco
 External stakeholders can be defined
as one who is not directly connected
with the company but are affected or
can affect the company indirectly by
their actions towards the company.

ANALYSIS OF TESCO WITH ITS
STAKEHOLDERS
Internal stakeholders
 Employees
 Owners
 Managers
 Trustees
External stakeholders
 Customers
 Suppliers
 Government
 Local community

CORPORATE SOCIAL RESPONSILITY:
It can be defined as a business model that is self-
regulating which basically helps a company to be social
to itself, to its stakeholders and to the public. By
practicing this model, company give a kind impact on
every aspect including economic, environmental, and
social.

Conclusion
In this respective report, it has been concluded that Stakeholders can be defined as
the group or any individual or an organisation which is directly or indirectly involved
in the business or affects or cab be get affected by the business.

References
 Bühren, C. and Träger, L., 2022. The Impact of Psychological Traits on Performance Under
Pressure—Experimental Evidence of Handball Penalties. Journal of Sports Economics, 23(1), pp.3-
38.
 Falchetti, D., 2022. How a Strong Present Focus Fosters Radical Idea Recognition. In The
Generation, Recognition and Legitimation of Novelty. Emerald Publishing Limited.
 Giulioni, J.W., 2022. Promotions Are So Yesterday: Redefine Career Development. Help Employees
Thrive. American Society for Training and Development.
 Lambert, N., 2022. Nursing care plans in mental health. Mental Health Practice, 25(1).