Task 1 - p1, p2, m1, d1 Ali

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Tesco is a large global retailer that sells groceries and other goods while Oxfam is an international charity focused on fighting poverty. Tesco aims to provide good customer service and variety while Oxfam raises funds and provides relief.

Tesco aims to provide good customer service and variety to customers by offering 24 hour service and cultural foods. Oxfam raises funds through various methods to fight global poverty through relief efforts, capacity building, and policy change.

The main stakeholders that influence Tesco are customers, suppliers, shareholders, and the government. Customers want variety and service while suppliers and shareholders want profit. The government regulates Tesco.

ALI YOSUFF

Issue #

Unit1
P1- Describe
the type of
business,
purpose and
ownership of
two contrasting
businesses

Tescos
A brief introduction to the organization
Tesco is an online retailer and delivery business based in England. The popular retailer was founded
in 1919 and has grown to be one of the largest retailers in the world. The retailer offers a range of
items including groceries, wines, home electronics, and DVD rentals.
It has its headquarters in Chesnutt, but has many stores around the country. These stores are in
many cities including Manchester, Birmingham, and London. It has many types of stores and
includes Tesco Extra (24 hour), Tesco Metro (located in town centers) and Tesco Express (attached
to garages). It sells many things including food and non-food items. These items include: toys, food,
drinks, toiletry, CDs, videos, DVDs, books, cosmetics, medicine, tobacco, alcohol, fruits,
vegetables, electrical goods, clothes, organic food.

Purpose of the organization and a brief description of the goods and


services provided
Tesco does to provide a good customer service to customers. They offer 24 hours service.
This means that the customers can get products whenever they want for example if they
work all day, they can get products at night time. Tesco offer other cultural food. Tesco also
sells various foods from other cultures such as Indian food, Chinese, etc. This will mean that
it attracts wider audience to come into Tesco's and also offer customers more choice of food.

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This is a good customer service as customers now have more variety of food to choose from
so it encourages them to come to Tesco more often.

The type of organization local / national / global, primary /


secondary / tertiary, private / public / voluntary and what this means
Tesco is a global organisation because the company and products are sold in different towns and
different parts of the world, for example in 2007, the company opened its first store in the United
States under the name Fresh & Easy. This shows the company has started to expand abroad.

The type of ownership, why this is appropriate for the business and
the implication for the liability of the owners of the business
Tescos ownership is owned by several partners. Tesco is owned by thousands of people because
Tesco is a limited company or Plc. The reason for Tesco being a Plc. is because of its mammoth size.
It would be hard to raise enough funds for Tesco if it was owned by a sole for traders or buyers
whereas in a PLC like Tesco, the company is owned by shareholders who fund the company.

Oxfam
A brief introduction to the organization
Oxfam is an international confederation of charitable organization which started in 1942. Oxfam is
also globally renowned aid and development charity with 70 years of experience of working
and campaigning with partners in over 90 countries worldwide.

Purpose of the organization and a brief description of the goods and


services provided
Oxfam is a charitable organization that raises funds through a variety of methods (stores, Christmas
campaigns, etc.) The purpose of the organization is to fight global poverty. This includes relief
initiatives capacity building for poverty-stricken regions, campaigning for policy change at both
national and international levels, and providing support and relief in emergency situations.

The type of organization local / national / global, primary /


secondary / tertiary, private / public / voluntary and what this means
Oxfam is a global movement of millions of people who share the belief that, in a world rich in
resources, poverty isn't inevitable. This means that In just 15 years, extreme poverty has been
halved. 15 more years and we can end it for good.

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The type of ownership, why this is appropriate for the business and
the implication for the liability of the owners of the business
Oxfam is an international association of 14 organization who are the trustees of the organization,
working in 98 countries worldwide to find lasting solution to poverty and injustice. So it is also
owned by many people.

The Influence of Stakeholders


P2 - Describe the different stakeholders who influence the purpose
of two contrasting businesses
M1- Explain the points of view of different stakeholders seeking to
influence the aims and objectives of two contrasting organisations
Tescos
1. Introduce the company Name, business aim, what goods and
services do they supply, how many people do they employ
2.

Define Stakeholders

3. Explain who the following stakeholder are and how they


influence the business

Customers

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Suppliers

Shareholders

Government

Stakeholders
1. Which of the following best defines the term 'stakeholder'?
a) Anyone with shares in a company
b) Anyone with an interest in an organisation
c) Anyone who owns a business
2. Which stakeholder is most interested in profit?
a) Staff
b) Customers
c) Owners
3. Which of the following is the best example of a primary stakeholder?
a) An owner
b) A creditor
c) A key supplier
4. Who is an internal stakeholder?
a) Customer

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b) Supplier
c) Worker
5. Who is an external stakeholder?
a) Manager
b) Lender
c) Employee
6. What objectives do different groups of stakeholders have?
a) Different objectives
b) No objectives
c) Identical objectives
7. Who are compulsory redundancies NOT in the direct interest of?
a) Staff
b) Customers
c) Owners
8. Which is LEAST likely to be a stakeholder in a partnership?
a) Customers
b) Shareholders
c) Government
9. What can a pressure group use to monitor the performance of a public
limited company?
a) Profit and loss account
b) Press releases
c) Company report

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Staff demand a 5% pay increase. Which stakeholder is most likely to be


affected?
a) Owners
b) Suppliers
c) Local community

D1 - Evaluate the influence different stakeholders exert in one


organisation
You now need to select one of the organisations and create an
example of a report for a client to show the new recruits

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