AND CREATIVE TECHNOLOGIES AUCKLAND UNIVERSITY OF TECHNOLOGY TE WANANGA ARONUI O TAMAKI MAKAU RAU School of Engineering Master of Engineering Project Management Name Sahil Bansal ID Number 14832833 Paper Name AIPM Assignment Stakeholders / Law / Risk Number of words (excluding appendices) 3735 Please read and tick the boxes below before handing in your assignment If you are uncertain about any of these matters then please discuss them with your lecturer. Assignments will not
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A stakeholder is someone who has an interest in a business. Stakeholders are individuals‚ groups or organisations that are affected by the activity of a business. Customers are arguably the most important stakeholder. This is because they are the main source of cash flow in a business. This means that the business has to listen to what the customers want and need in order to make a profit. Customers Customers are arguably the most important stakeholder. This is because they are the main source
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P2 describe the different stakeholders who influence the purpose of two contrasting businesses In this task I am going to be writing a business report regarding Carlsberg and Capital Foods showing the different types of stakeholders‚ which include within the two organisations. It will show how the stakeholders influence within the two businesses‚ and how they set their own objectives towards the companies. CARLSBERG Customers Customers are the people who buy the products and sell them‚ or use
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How water aid communicates with its stakeholders Water Aids also uses advertisement and marketing as a way of informing and attracting stakeholders. In its adverts it shows the work it is doing in order to gain stakeholders and donations. Wateraid also uses presentations to talk to and inform stakeholders about the work the business is doing. Also Water Aid communicates with its stakeholders on the ground when teaching and helping them. Business communications are vital in the success of a business
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A stakeholder is any individual or group who can affect or is affected by the actions‚ decisions‚ policies‚ practices‚ or goals of the organisation (Freeman 1984‚ 25). They have the interests in the activities of an organization and can be divided into internal and external stakeholders. In addition‚ there are different levels of stakeholders: primary and secondary. The level of stakeholders depends on the political‚ economic and social environment. Internal stakeholders are those from within the
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Stakeholders The world ’ ’stakeholder ’ ’ was first used in an internal memorandum at the Stanford Research Institute in 1963. It refers to "those groups without whose support the organizations would cease to exist". There are two types of stakeholders‚ primary and secondary. The first type are those that engage in economic transactions with the business - stockholders‚ customers‚ suppliers‚ creditors and employees. The second type are those who do not engaged in direct economic exchange with
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A corporate stakeholder is that which can affect or be affected by the actions of the business as a whole. Examples of a company’s stakeholders Stakeholders | | Government | Taxation‚ VAT‚ legislation‚ low unemployment‚ truthful reporting. | Employees | Rates of pay‚ job security‚ compensation‚ respect‚ truthful communication. | Customers | Value‚ quality‚ customer care‚ ethical products. | Suppliers | Providers of products and services used in the end product for the customer‚ equitable
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AL & Eskerod. P 2008‚ ‘Stakeholder analysis in projects: Challenges in using current guidelines in the real world’‚ International Journal of Project Management‚ vol.27. no.4‚ pp.335-343‚ viewed 08 May 2014‚ Elsevier SD Freedom Collection. B. Introduction: Stakeholder management is a part of quality strategy in any project. It is a challenge for any project manager to successfully manage the stakeholder. In that process first comes the analysis of the stakeholders. The article puts the current
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WHO ARE YOUR STAKEHOLDERS? WHAT ARE YOUR RESPONSIBILITIES TOWARDS EACH OF THE STAKEHOLDERS? Groups / individuals that are affected by and/or have an interest in the operations and objectives of the business Most businesses have a variety of stakeholder groups which can be broadly categorised as follows: Stakeholder groups vary both in terms of their interest in the business activities and also their power to influence business decisions. Here is a useful summary: Stakeholder Main Interests
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Walmart Stakeholders 3/18/2013 Walmart is one of the largest retailers in the world that is steadily growing and seeking to develop ways of meeting the needs of their stakeholders. In our textbook‚ stakeholders are defined as “people who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address” (Nickels‚ McHugh & McHugh‚ 2009). Walmart has several internal and external stakeholders that keep the business at the top of the retail
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