Stakeholders In this task I am going to be explaining the features of stakeholders within Tesco and the Walton Centre. A stakeholder is anyone who is affected by a company for example the employees, trade unions, the owners, the customers, neighbours etc. Stakeholders are identified in order to develop businesses sufficiently because they are the most important people within a business. Tesco’s aims and objectives: • To be the most highly valued business by the customers they serve, the communities in which they operate, their loyal and committed colleagues and the shareholders. • To be an outstanding retailer in stores and online.
Any safe system of work – and the document that explains it – should be revised regularly. Safety instructions Safety notices and instructions are safe procedures, as are site instructions, but you must make sure that they are clear and easy to understand, for all workers. Method statements Methods statements offer another way of recording a safe system of work. A method statement details how a particular piece of works will be carried out and what will be used to do this. It would include, for example, the method of construction, how many people would be doing the work and what plant, materials and equipment are to be used.
There are three sectors in business which are: • Primary : The primary sector involves extracting raw materials, such as farms, mines and oil rigs for example Shell is an oil extracting company. • Secondary: The secondary sector involves building and manufacturing for example a car manufacturing company such as Ford. • Tertiary : The tertiary sector involves sales and services such as restaurant’s and supermarkets, stores for example Tesco, ASDA and etc. Can businesses cross over sectors? Businesses can cross over sectors for example McDonalds is in the primary, secondary and tertiary sector.
It has very a large product range in several markets, mainly in the grocery markets. Aims and objectives: Tesco- The aims and objectives are set for growth and market leadership. Tesco wants “to be the most highly valued by its stakeholders”. BBC- Since it is a public organisation, BBC bases its aims and objectives at the features of its services and improving the customer perception of the business .Marketing mix: Type | BBC | Tesco | Product | Programme DVDs- Atlantis | White bread | Price | £10.49 per DVD. They base their price on their cost since they are a publicly owned company and its run by the government.
TESCO’S CASE STUDY From this task I will be explain the difference between two different businesses and how different they can actually be. These will be studied form the same local area. The two companies I will be studying are Tesco and Ryder store. Tesco’s is one of the largest companies in the world and is the largest retailer in the United Kingdom, its stores are around the world and are in 20 different countries. Its sole and only sector of the market is the third sector (tertiary sector).
M&S Business Purpose M&S have a main purpose of making profit by providing services and offer great quality groceries, clothes, and food, to consumers etc. They strive for success and are always making improvements on each aspect of the business to satisfy their customers. Customers recognise enhancements so surely the more progress M&S make as a company, the happier the customers are and in turn more profit is made as happy customers tend to come again so all of M&S’s objectives reflect their purpose. Ownership of M&S M&S is a public limited company
If Drayton Manor hires more high qualified people who are willing to drive the company to success so this can help the organisation to expand the business. Furthermore, it's additionally vital for the amusement park to vary their level and kind of staffing as a result of this helps the organisation to stay up with the dynamic demands of the business. This can have an effect on to the variety and number of staff that require to have a lot of skills so that they might conjointly given some training to make up a lot of skills within the employee, therefore the staff are often ready to give higher service and perceive the business demands. I would provide one example such as a ride operator at Drayton Manor Park can receive management training to prepare to take over the running of a team or department. Coordination of team resources to meet targets In the business I think that as well as making good effort towards the work and working strenuously, it is additionally essential to ascertain that all the resources at the workplace are utilised adequately within the teams to meet company’s targets which are set.
Good communication will ensure that the organisation is running smoothly and that the managers can ensure the Heads of Shift work accordingly. Managers: The registered and care managers need to be able to communicate all information that is essential for the business to run effectively to the Senior carer and other staff members. It is their responsibility to communicate all the information that is required to ensure that all staff are able to complete their jobs to an expected standard. They need to communicate well with the directors to ensure that they also have the necessary information to carry out their roles efficiently. Senior carer: It is their responsibly to provide accurate information from the managers to ensure that they are able to communicate with the Care Practitioners.
The structure is helping Tesco because they are still standing and the business is running well also they will be able to make enough money to help in the future. Increasing sales or marketing share- Tesco use this so that they can make profit and also: Beat competitors Have more money (Increase profit) Can buy more products All this helps Tesco is many ways, it makes Tesco big and better than other businesses, it makes them beat the competitors it also helps the staff because the more the business earn the better the training is and all this makes Tesco have better staff and products and a business overall, which people like to go and shop there. Providing service to the community- Tesco do this very well because the
3. Describe three different ways of maintaining a safe and secure business environment. Companies should follow Heath, Safety and Security policies and make sure that employees are well trained and follow these regulations. For example employees should be aware when working in the environment where they have a contact with equipment, materials or products which can be hazardous to check and follow instruction provided by the producer. Regular equipment checks and appropriate repairs should be maintained systematically.