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Assignment 2 - P2, M1, D1
Who has a say in the activity of a business? For this section of the assignment you need to:
Define what a stakeholder is
Carry out a stakeholder analysis to identify the stakeholders in each business
Describe each stakeholder
Explain what they are hoping to achieve and how they try to influence the activities of the organisation
Highlight how there could be a conflict of interest, links or interdependencies between stakeholders
Who is the most powerful stakeholder in each organisation and why? stakeholders All organisations are influenced by a wide range of individuals from both within and outside of the business. It is important to identify what is influencing business activity in the area. Task 1 - Describe the different stakeholders who influence the purpose of two contrasting organisations. (P2) Deadline: Friday 30th Sept Complete a spider diagram of each of the stakeholders within each business. Describe their interest in the business.
Customers
Owners
Employees
Suppliers
Government
Local community
Trade unions/ pressure groups Task 2 - Explain the points of view of different stakeholders seeking to influence the strategic aims and objectives of these two contrasting organisations. (M1) Deadline: Fri 7th Oct The presentation below highlights and explains the different objectives of different stakeholder groups and begins to discuss the the influence of different stakeholder groups Stakeholders presentation
Watch this clip from the BBC which highlights the different objectives of different stakeholders. The objectives of the local community are different from the owners of the quarry in the article. This article focuses on the different views of stakeholders in an organisation. Burberry is an excellent example to use to highlight the influence of different stakeholders. You could use this table to help you structure your work.
Task 3 - Evaluate the influence
Who has a say in the activity of a business? For this section of the assignment you need to:
Define what a stakeholder is
Carry out a stakeholder analysis to identify the stakeholders in each business
Describe each stakeholder
Explain what they are hoping to achieve and how they try to influence the activities of the organisation
Highlight how there could be a conflict of interest, links or interdependencies between stakeholders
Who is the most powerful stakeholder in each organisation and why? stakeholders All organisations are influenced by a wide range of individuals from both within and outside of the business. It is important to identify what is influencing business activity in the area. Task 1 - Describe the different stakeholders who influence the purpose of two contrasting organisations. (P2) Deadline: Friday 30th Sept Complete a spider diagram of each of the stakeholders within each business. Describe their interest in the business.
Customers
Owners
Employees
Suppliers
Government
Local community
Trade unions/ pressure groups Task 2 - Explain the points of view of different stakeholders seeking to influence the strategic aims and objectives of these two contrasting organisations. (M1) Deadline: Fri 7th Oct The presentation below highlights and explains the different objectives of different stakeholder groups and begins to discuss the the influence of different stakeholder groups Stakeholders presentation
Watch this clip from the BBC which highlights the different objectives of different stakeholders. The objectives of the local community are different from the owners of the quarry in the article. This article focuses on the different views of stakeholders in an organisation. Burberry is an excellent example to use to highlight the influence of different stakeholders. You could use this table to help you structure your work.
Task 3 - Evaluate the influence