Preview

Exploring Business Activity

Powerful Essays
Open Document
Open Document
4094 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Exploring Business Activity
International Business studies | Unit 1: Exploring Business Activity | M1, M2 and M3 | | Tristan Dik – IBS3B | 3/27/2011 |

M1: Explain the points of view from different stakeholders seeking to influence the strategic aims and objectives of two contrasting organisations. M2: Compare factors which influence the development of the internal structures and functional activities of two contrasting organisations. M3: Analyse how external factors have impacted on the two contrasting organisations. |

Contents M1: 2 Stakeholders interests in Schuurman schoenen: 3 The stakeholders for shell: 4 Resources committed by the stakeholders: 5 M2: 6 By function 6 By product 6 By process 6 By type of customer 7 Size 8 Ownership structure 9 business environment 9 M3: 10 Politics: 10 Economy: 10 Social: 10 Technological: 11 Legal: 11 Environment: 11

M1:
“Explain the points of view from different stakeholders seeking to influence the strategic aims and objectives of two contrasting organisations”

The two contrasting companies chosen are:
The private company is schuurman schoenen, this is a franchise company. The franchise is taken on by the CEO of a couple of other companies.
The public company chosen is Shell. This is a large company that sells share on the stock market. The company has a large number of shareholders that benefit on the company’s performance.

Stakeholder’s expectations in general:
The interests from stakeholders in the company are based on the performance of the company.
These are interests that can be set on a positive performance; the owner(s) of the company have an interest in the overall performance and the success of the company, and might find out if they can expand, or increase the business performance in any way.
The employees and community have an interest in the company which is related to the overall job and career opportunities, the rate of pay is a strong factor on which the employees

You May Also Find These Documents Helpful

  • Better Essays

    Task 2 Stakeholders EDITED

    • 2131 Words
    • 6 Pages

    Employees: The employees want to work somewhere where they can be proud of their organisation and be proud to be a part of the team. They are internal stakeholders. They also don’t want to be made redundant all of a sudden and be left jobless; therefore they seek security of employment. If they commit their very best in what they do they expect rewards and bonus’ back. Also to keep employees within the business there should be promotion opportunities…

    • 2131 Words
    • 6 Pages
    Better Essays
  • Best Essays

    Rwt1 Research Paper

    • 2313 Words
    • 10 Pages

    Salary is an easy and constant way of paying the employees of this company. This is a set wage that employees will earn based on their job description. This wage will not change based on their merit or seniority. The stability of this compensation system appeals to employees as they always are aware of how income they will receive. But it also has very little room for growth and opportunity for the employees.…

    • 2313 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Bus L3 U1 Assignment Brief

    • 2167 Words
    • 9 Pages

    Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations…

    • 2167 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Australia has 23,052,575 million citizen. Sydney has 4,627,345 million citizens and 14,308 thousand of those citizens live in the Central Business District because, Sydney has the largest economic sectors, as measured by the number of people employed, include property and business services, retail, manufacturing, and health and…

    • 3470 Words
    • 14 Pages
    Better Essays
  • Powerful Essays

    Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations.(M1)…

    • 1915 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Stakeholder for Staples

    • 2016 Words
    • 9 Pages

    Stakeholders are individuals and constituencies that contribute, either voluntarily or involuntarily, to its wealth-creating capacity and activities, and who are therefore its potential beneficiaries and/or risk bearers1. There are several different types of stakeholders associated with a corporation, and those stakeholders can have different views and opinions on what corporation 's goals should be and how they should be running. I have interviewed three different stakeholders of Staples Inc., an employee, a customer and a stock holder, to find their relationship between them and the firm. Then, I will use this information to suggest how the firm should proceed and continue to have a better and more beneficial relationship with its stakeholders.…

    • 2016 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Assignment Brief: Add a further section to your article that provides an in depth explanation covering the points of view of the different stakeholders and provide a clear link between these points of view and the aims of the two organisations. For each stakeholder you have identified, explain how much influence they have on the aims and objectives of the two organisations.…

    • 2743 Words
    • 11 Pages
    Good Essays
  • Good Essays

    System Briefing

    • 999 Words
    • 4 Pages

    The goals of an organization may differ from the selection process because there has to be as common ground and balance between the organizational goals and the stakeholders. A stakeholder plays a major role inside an organization because the individual person, group, or organization is in the form of a stakeholder really holds the major keys of the organization because the stakeholder affects the actions of an organization. The stakeholders have a stake, vested interest, or operations within the organization and before an organization decides to make any business decisions the stakeholders are involved to make sure everybody involved in the organization come to an informed and united decision. Once a balance is found between the stakeholders and the organizational goals the outcome will be successful for every member of involved. Stakeholders affect the corporate missions and values because they will maximize the value for all stakeholders involved in the corporate, they play a major role in the decision making process so any decisions made cannot be made without the stakeholders involved in the process, and accountability is…

    • 999 Words
    • 4 Pages
    Good Essays
  • Good Essays

    What are the stakeholders points of view on the strategic aim / how does it affect them?…

    • 823 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    For this task I have been asked to discuss the stakeholder’s aims and objectives of my two businesses. It is important for stakeholders to have an influence as they can offer ideas and anything the company is doing is in their interest.…

    • 1505 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    M1 D1 Nais

    • 1707 Words
    • 6 Pages

    Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations – M1…

    • 1707 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Unit 20 P3

    • 2035 Words
    • 9 Pages

    A business needs to take account of the interests of all of its stakeholder’s groupings. These interests are all linked together. For example if George was to throughout all of his old machines and hair products and buy newer and better ones this will have an effect;…

    • 2035 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    Unit 4 Assignment 1 Btec

    • 2181 Words
    • 9 Pages

    There are many ways to communicate, therefor I made a clean table to discuss the differences ways to communicate. But every way to communicate has his own advantages and disadvantages those will be discussed as well. For this assignment I used ‘Scotch & Soda’ as business to give you examples to show you how these ways for communication are used.…

    • 2181 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Assignment 2

    • 330 Words
    • 2 Pages

    Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations.…

    • 330 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Companies today should mirror their compensation and benefit programs with their long- term business strategy and organizational culture. According to Casio (2010), “Pay systems are designed to attract, retain, and motivate employees” (p.421). The most important objective is fairness or to achieve internal, external, and individual equity; and maintain a balance in relationships between direct and indirect forms of compensation, and between the pay rates of supervisory and nonsupervisory employees. Employers must perform job analysis, develop job descriptions, evaluate the value of job/position in the organization, develop pay structure and pay levels to create competitive employee compensation and benefits (Cascio, 2010).…

    • 386 Words
    • 2 Pages
    Satisfactory Essays