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Summary Btec businesss level 3 unit 1 M1 and D1

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This document outline the mains of the unit 1 Merit and distinction and will help you also gain the merit and distinction This document is for understanding the m1 and d1 of the unit 1 only and please do not copy this document, this will cause you to get re-submission so please don't copy the whole document.

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Analysing Different Stakeholder Views

Business 1: Tesco

Stakeholder Aim/Objectives that this Explain the view point of the stakeholder
stakeholder has influence
on/about
Example:
1. Customers The customer has an influence over The customer has a great influence on the amount
the amount of revenue/profit made by of revenue/profit an organisation as this is the main
the business. Tesco has an aim of source of an organisations income. The customers
becoming profitable within their first are the who buys the goods from Tesco, without
year in business. They are the people them the business would not work because no one
who want cheap and affordable will buy the product and that the business would
products from Tesco’s and this are the not be able to make profit without customers
people whom they can be profitable. because they are the one who buys goods from
them. I think the customers want the product in
best prices and in best value and also in good
quality. The Tesco aims is to “offering customers
the best value for money and the most
competitive prices” and this is what Tesco do to
make the customers come back to shop and they
also have club cards to attract more people so the
people would come again and again. The aims of
Tesco would have been good for the customers
because that is what the customers want. If the
aims of the Tesco would be opposite then it is now
the customers would decide not to go to shop with

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