Argos Stakeholders Essay

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Relevant stakeholders STAKEHOLDERS Stake holders are a certain group of people that have an interest in a business. Each group have their own interests in the business. Argos has many stakeholders: Shareholders, Customers, Employees Government, Local Community, Suppliers, Financers and Pressure Groups. Normally a customer wants quality goods at a low cost. They would also want a variety of products to choose from. All customers want these things and by Argos providing them what will attract more customers because of people talking about it (Word-Of-Mouth). Argos like most business' need their customers because they are the business' income as the customers are the people who buy Argos products. The customers are a bit like a pressure group because they apply pressure to Tesco to meet their needs. Meeting the customer's needs can be things such as expanding their stores or giving more variety on certain products. Argos have feedback forms in their stores which allow customers to communicate with Argos and tell how stores can be improved. This makes Argos a more competitive supermarket. The …show more content…

The decision is a blow to families saving their Clubcard points to pay for seasonal occasions such as Christmas, when the giant retailer has until now held national Clubcard Boost "events" lasting several weeks. Writing on a hotukdeals.com forum one Argos shopper said:" Truly gutted, I save my points all year and then double up at Christmas for the children's Christmas presents. “It comes less than a year after 2.8 million Tesco credit card holders saw their cash earnings halved as a result of new European laws that forced several high street lenders to withdraw cashback deals. Tesco's new range of own-label meat and fresh produce has been criticised for using the names of farms that don't

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