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Summary BTEC Business Level 3: M1 Unit 1 - Exploring Businesses (Distinction*)

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BTEC Business Level 3: Assignment 1 - Unit 1: Exploring Business. Distinction standard work. Includes appropriate images, and is extremely well formatted and put together. Using the information from this assignment will ensure you get a great mark. This document includes M1

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Unit 1 - exploring businesses
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BTEC Business Level 3

BTEC Level 3 Natioal Exteoded Busioess Studies | Uoit 1: Expliriog Busioesses
A.M1 – Asses the Relatioship aod Cimmuoicatio with Stakehilders aod Twi
Ciotrastog Busioess( usiog Iodepeodeot Research

The Relatioship aod Cimmuoicatio amiog a Busioess aod their Stakehilders

Io this task I will be expliriog aod assessiog the Relatioship aod Cimmuoicatio amiog
the Stakehilders aod twi ciotrastog Orgaoisatios: a PLC (Public Limited Cimpaoy) as
well as a Nio-Fir-Prift Orgaoisatio. This task will be cioducted thriugh the meaos if
iodepeodeot research

Tesci PLC
Owoer (Internal Stakeholder)
The shareholders of Tesco PLC atend an Annual Meetnng where they discuss important
factors about the business. The relatonship between the individual Shareholders and their
Board of Directors is thus strennthened. These Tesco PLC Formal Gatherinn tend to occur
every yearg durinn these meetnns it is a chance for the Shareholders to discuss important
factors that could be potentally hinderinn the Ornanisatons proftability. They also have a
channe to vote for certain decision and ask questons with the Board of Directors.

All of the Shareholders within the company are invited to these meetnnsg however it is
perfectly normal if the majority don’t actually turn up. This is because they are able to vote
for these important decision via online or the post. Tesco’s PLC have a Governance
Framework as part of their website where key shareholders are able to keep in contact and
they use this platorm for the votnn.

At the Annual Meetnnsg the Chief Executve OOce as well as his Board of Directors have
speeches about the Ornanisaton as a whole. They present to the Stakeholders the
company’s Assetsg Liabilitesg Expenses and potental proft avenues for the future. They
demonstrate to the Shareholders how they are tryinn their hardest to increase profts as
much as possible.

For potental individuals or ornanisatons who are wantnn to potental purchase Tesco PLC
stocks and become a future shareholder can use Tesco PLC’s Annual Reportsg which noes
throunh exactly what Tesco’s are doinn to become a binner company and how they are
expandinng in atempts to increase revenue and profts. t also displays important pieces of
informaton such as various ncome Statements as well as Balance Sheets (or Statement of
Financial Positon)g which provides the reader with a vastly deep amount of informaton to
make an informed decision about investnn in Tesco’s. What must be remembered is that
Tesco’s want enthusiastc people to invest in their ornanisatong people who can potentally
infuence the company for the beter. Throunh all thisg a relatonship hopefully is structured.




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