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Choose a business and identify the stakeholders - Investigate their rights and responsibilities.
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| Submitted: Wed Mar 03 2004
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Tom Almond STAKEHOLDERS CHOOSE A BUSINESS AND IDENTIFY THE STAKEHOLDERS. INVESTIGATE THEIR RIGHTS AND RESPONSIBILITIES A stakeholder is a person who is affected by the activities of a company. Stakeholders include, employees, suppliers, creditors, customers, shareholders and local communities. Every company has stakeholders, ranging from a local newsagent, multinational companies such as McDonalds. Though obviously the number of stakeholders varies with the size of the company. I have decided to look at the stakeholders of the company Tesco Plc. I have chosen to this company due to its large size. Tesco plc must try to keep all its stakeholders satisfied, which, due to the huge number is close to impossible, but they strive to do so. Each of the different groups of stakeholders wants different things, the aspirations of each group of stakeholders, is usually for their benefit, for example the shareholders, will want profit maximization, whilst the customers will want the lowest possible prices...
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