This essay provides a comprehensive analysis of the role of stakeholders in Tesco, a leading multinational retail company. It explores the significance of both internal stakeholders, such as employees, managers, and shareholders, and external stakeholders, including suppliers, consumers, competitors, and government bodies. The essay delves into the ethical issues that arise in stakeholder relationships, examining how Tesco addresses conflicts and manages expectations. It highlights the influence of various stakeholders on Tesco's operations, strategic decisions, and overall success. Furthermore, the essay discusses the role of leadership and management in navigating stakeholder dynamics, emphasizing the importance of ethical considerations and effective communication. The analysis incorporates relevant theories and provides real-world examples to illustrate the impact of stakeholder management on Tesco's performance and sustainability. The essay concludes with recommendations for Tesco to enhance stakeholder engagement and ensure long-term success.
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