The stakeholders within a divorce are those of the children or third party relations influenced by the marriage. The concept assumes that the businesses are run by and decisions made by management who are separate from the business owners themselves Management are appointed by the stockholders to represent them and whose main purpose is to maximise profits.
January 16, at 9: Could the money used to pay the staff be used for what others would consider a better use? Who are external stakeholders? The shareholders outrank the national government in priority.
Management and those who appointed them. Tesco and Oxfam stakeholders are the key people who help for organisations to improve themselves and reach their aims and objections no matter what they are or do.
What are examples of a stakeholder?
If we lose or antagonize our best employees then customer service will suffer so we need to look after them. Shareholders are also interested in information which enables them to assess the ability of the enterprise to pay dividends.
Suppliers Stakeholders influence on Oxfam Stakeholders have a large influence on businesses including Oxfam. Those users who wish to assess the stewardship or accountability of management Tesco stakeholders so in order that they may make economic decisions; these Tesco stakeholders may include, for example, whether to hold or sell their investment in the enterprise or whether to reappoint or replace the management What is primary stakeholders?
This means that Oxfam will gain higher profits who would help to fight poverty. Tesco and Oxfam make meetings with their stakeholder groups.
Suppliers — Oxfam suppliers deliver the wide range of goods and services they need to support their emergency, development and campaigning work. Ultimately the board, acting on behalf of the shareholders, can replace the CEO and the executive team.
In a school, some of the main stakeholders would be Pupils, Employees, the Government, the Local community. They are the local NGOs, producer groups, co-operatives and small businesses who understand issues that keep local communities trapped in poverty.
Stakeholder marketing is an approach that does both. The answer clearly is yes. We want to be seen as a responsible employer who is providing a good place to work.
The various stakeholders may also be one and the same people, especially in smaller communities eg employees may also be customers — how does a business deal with the conflicting needs of one person? This is important but is clearly a lower priority than those above.
The local Community are concerned with the way the business affects them. Both businesses pay attention at their customers. The pupils main interest is to get a good education, the employees would be interested in getting the best out of pupils and passing on knowledge.
A third answer In some economics theory, an entitysuch as a company can be imaged as a pentagon. A stakeholder is also the person who holds the bets in gambling.
It is best to build good long-term relationships. No; we should hire the best people we can afford in order to deliver better customer service. Suppliers want to get a good price for their supplies but need to be at a competitive price to make customers buy from them.
If you continue to use this site, we'll assume. People are stakeholders in a company for financial reasons, customers do not want to have to spend an excessive amount of money to purchase a product, so if the product is cheaper in one store, such as Tesco, than in another store then customers will buy the cheaper one which then attracts more customers.
An example of stakeholders within Tesco are shareholders, customers, employees, employers, local communities. While LBTS stakeholders are customers (students), employees (teachers), government, shareholders and the local community. Stakeholders in Tesco can have conflict.
Sep 15, · A stakeholder in a business is anyone that has an interest of some kind in the business. In a school, some of the main stakeholders would be Pupils, Employees, the Governmen t, the Local. 5 thoughts on “ Who are a company’s most important stakeholders?
” Tracey McKenzie says: January 16, at pm Tesco.
Introduction The first business that I am investigating is Tesco. Tesco was founded in as a group of market stalls in London. The first own label Tesco product was made inthe first shop opened in The suppliers interest in Tesco is that they want to be represented by a company with high credibility and a business that can pay them quickly.
Local community The local community are A group of individuals that interact within their surroundings.Download