Tesco Plc Essay

Every individual or an organization which could either affect the business or could get affected by the business are known as stakeholders. The interest of each stakeholder could however vary from one to another. Each stakeholder has a different interest and expectations from a particular organization. Similarly, the interest of recipient organization also differs. The salient features of TESCO PLC for meeting the expectations of its stakeholders is as follows;
• EMPLOYEES: In TESCO , in all nations together , there are more than 537,000 workers and all are in one way or different its partners. This extensive number of representatives longing to have a decent pay bundle, satisfactory workplace and incidental advantages.. What's more …show more content…
On the other hand , it is important for the organization to provide certified financial statements to the stock holders and to make the information related available for shareholders. For TESCO, the stockholders can get any kind of information for the investment decision making through the own website of TESCO
Responsibilities to employees: To have motivated staff , TESCO has the responsibility of providing good opportunities and working conditions for its employees. TESCO has to develop and implement a policy in which all employees can participate freely in the decision making process.
Responsibilities to customers: Responsibilities for the customers is to provide good quality products and good customer care services. For this TESCO maintains a good customer relationship management policy in order to satisfy the customers by providing them the best service. This results positively in the profitability of the company
Social Responsibilities to society: Social responsibility is one of the important area for an organization to consider. In view of this TESCO-UK