Introduction 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. Aims of Waitrose • The aims of Waitrose are to offer a top quality service and also try have get their customer to be eating organic affordable food by 2012. • They also are trying to get their own farm to own and grown organic crops. Objectives
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different stakeholders exert in Diageo. Date: 28th of March 2014 Introduction I am going to establish how the different stakeholders attempt to influence Diageo and to what extent they have been successful. Methods To rate Diageo’s stakeholders by their influence‚ helped Diageo’s website page which define their stakeholders as all those who affect or are affected by Diageo’s business. They include internal and external stakeholders. A table in the website page sets out each stakeholder group and
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I am going to evaluate the influence that stakeholders exert on Sainsbury’s. I will be evaluating the following stakeholders: customers‚ employees‚ shareholders‚ suppliers‚ the government and owners. The first stakeholder I am going to evaluate is customers which are external stakeholders. Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons‚ customers do not want to have to spend an excessive amount
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external stakeholders. I will try to explain whether or not the Doctor has accomplished his ethical responsibilities by making reports of any and all illegal acts that may have taken place. I will also give examples of the deontology and utilitarianism principles and apply them to this case. 1. Determine at least three (3) different internal and external stakeholders that Dr. Do Right might have to deal with on a daily basis at the hospital. A Stakeholder can be
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Unit 1: The Business Environment Task 1: P1 – Here I will describe the type of business‚ purpose and ownership of two contrasting businesses. HSBC – The for profit business I have chosen is HSBC. It was founded in 1865 in Hong Kong. They are now based in Canary Wharf‚ London. HSBC offer various different financial services all over the globe. These include securities‚ multinational banking‚ loans and holdings. They are in the service sector. Profit in 2013: £10.4 billion Employees: 254‚066 worldwide
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I am going to evaluate the influence that stakeholders have on Microsoft. The first stakeholder I’m going to evaluate is customers which are external stakeholders. Customers contribute to profit through purchasing their products and providing loyal support to all their goods. People are stakeholders in a company for financial reasons; Microsoft’s customers don’t want to be paying an excessive amount for their goods. If a rival company‚ such as Apple‚ produce cheaper products than their customers
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understanding about the difference between Responsibility and liability and what is the relation between them? Limited liability- I would try to answer some of the question as where it come from and why? How its effect the company‚ shareholders and stakeholders? What the resolute of it in our society? Manager Responsibility as agent- What their responsibility? Whom they working for? To whom they report and need to benefit? The assumption in the agent theory- Do we really know what going on in the company
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P1 & P2 & M1 P1 – “Describe the type of business‚ purpose and ownership of two contrasting businesses” Willen Hospice Willen hospice cares for people who can no longer get their illnesses treated. They work around Milton Keynes‚ Bedfordshire and Northamptonshire. Willen Hospice is a charity and a charity is a business that requires funds from the NHS and general people who donate‚ it is also non-profitable business. Willen Hospices aim and objective is: “Our vision is to be the lasting and thriving
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strategy of sustainable development and the way this has been communicated. Lesson objectives: ➢ to identify the stakeholders of Nestlé ➢ to identify the values and culture of Nestlé ➢ to appreciate the importance of culture in determining a firm’s success. Introduction (3 minutes) Introduce the lesson: you will look at Nestlé and examine the stakeholders of Nestlé and the company’s relationship with these. Then look at how Nestlé’s structure and how it is adopting sustainable
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in my opinion is a key resource and an important tool in the growth and well being of a business. For example companies that are socially responsible have fewer conflicts with stakeholders who disagree with the company over they way the company uses its resources and these companies are more likely to influences stakeholders to become advocates of company products. Another example is that research shows that socially responsible companies have higher financial performance and better ability to recruit
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