Abstract
This report comprises of two main parts whose objectives are to respectively analyze the key Tesco stakeholders and the financial position of Benedict Co. in the first part the author will use Tesco annual report 2016 to identify and analyze its key stakeholders who are customers, suppliers and employees , focusing on how the company’s Environmental and Social Review and the Corporate Governance Report help Tesco demonstrate its performance in terms of its corporate and social responsibilities to two of its stakeholders. Although there are many other stakeholders that are affected by corporate decisions or serve as link between financial and non-financial objectives, the report concluded that these two stakeholders play a very significant role in helping the company measure the performance of both of its financial and non-financial objectives. On the other hand, Benedict Co.’s financial position has been evaluated using a number of financial statements/ratios. In this regard, the report has demonstrated a very weak profitability which increases the company’s liabilities and eventually put strain on its liquidity.
Highlights
The objective of this report is to financially analyze two companies which are Tesco and Benedict Co
The report tries to evaluate the financial position of Benedict Co. as “professional, experienced buyer and reseller of damaged cargo, abandoned freight, casualty losses and more” (Benedict Co., 2018)
When Freeman and Reed (1983, p. 93) defined stakeholder in their view point, they narrowed this definition to refer to individuals, groups or organizations, on which an organization depends for survival
Summary
The objective of this report is to financially analyze two companies which are Tesco and Benedict Co. The objective of this report is to financially analyze two companies which are Tesco and Benedict Co It will look at Tesco’s key stakeholders and utilize the company’s annual report 2016 to review the company’s performance in terms of corporate and social responsibilities against its environmental, social review and corporate governance report. Tesco is a UK shopping mart whose purpose is to make money by investing and selling quality products (UKEssays, 2017) and a leading retailer customer-centric company serving customers from their stores and online (Tesco, 2018). This report will only analyze the contribution of the first three stakeholders to the company’s financial performance. The report will analyze a range of financial ratios to measure the company’s financial performance
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