(P2) In a business report: Task 2: Describe the different stakeholders who influence the purpose of two business organisations you have selected. NHS Stakeholder: Stakeholder is a person‚ group or organisation that has interest or concern in an organisation. Stakeholders can affect or be affected by the organisation’s actions‚ objectives and policies. Some examples of key stakeholders are creditors‚ directors‚ employees‚ government‚ owners (shareholders)‚ suppliers‚ unions‚ and the community
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Stakeholders of Tesco Shareholders A shareholder is Any person‚ company or other institution that owns at least one share of a company’s stock. Shareholders are a company’s owners. The shareholders are known to be the most important stakeholders in Tesco as the have invested money and time into the growth of the business. The shareholders interest in Tesco is to see their share of profit increasing ( High dividend) and the value of the business increasing. Customers A customer is An individual
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the assignment focuses on three aspects being methods of growth due to Tesco growing so much over the years not just nationwide but worldwide and still growing. Porters 5 Force model is used to access the nature of competition in an industry and how it can affect business within it. Porter clarifies that there are five forces. Tesco will use these 5 forces to help them determine the industries attractiveness and long run portability which they are The 5 competitive forces are the threat of entry
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Describe how political‚ legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Tesco In all the business in the country like Britain‚ they have to have this in mind that there are changes that are taking place in the business environment and to the people who maybe the shareholders. These changes can be the political‚ legal‚ and the social factors with the business environment and the country. Political factors of Tesco as a retail
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Stakeholder orientation- DEGREE – which a firm UNDERSTAND AND ADDRESS s DEMAND * Comprises 3 set of activities * -the organization wide generation of data about stakeholder group & ASSESSMENT of the firm’s effect on these group * The distribution of this information throughout the firm * The ORGANIZATION RESPONSIVENESS as a whole to this intelligence. 2) BEGINS identify the relevant stakeholder ‚ the RS should be analyzed on the basis of power that enjoy as well as by the ties
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Organizational Objectives and Total Compensation in Different Markets HRM/324 Total Compensation Organizational Objectives and Total Compensation in Different Markets Total compensation plays a significant role for a Human Resource consultant as it the key objective for the company to provide knowledge of laws and regulation that effect compensation. It is crucial for one to understand how to apply these laws and regulations in the overall plan that a company offers in regards to their
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of Phoenix Material Film Matrix Complete the following matrix by filling out each category. Provide a brief description of how each component was used in the film you selected. For example‚ if you selected the film The Shining‚ in the first column‚ you would explain how the film’s setting was used and what it was. 1. Name the film you watched. Answer: Meet the Parents 2. What genre do you believe it falls under? Answer: Comedy |Setting
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The Role of The Public in The Health Care System The first and foremost among health care stakeholders is the pubic. Without the public‚ there wouldn’t be a need for the system. They are the one who pays for the service (tax or health insurance premium) and consume the service. Unfortunately‚ the gross combined enrollment of 119.249 million in Medicaid and Medicare in 2011 outnumbered the 112.556 million full-time workers employed in both the private sector and in government in 2011. (www
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Identify the mission‚ values and key objectives of an organization of your choice and assess the influence of stakeholders The Body Shop is a public limited company they mainly specialize in beauty products‚ however they are very much different compared to regular make up brands such as DIOR‚ SHU UMERA and so on‚ they are different in a way that they use natural products and they are against animal cruelty. They use plants resources wisely. The body shop is different because of their values. Ms Dame
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Stakeholders and Organizations Stakeholders are persons or groups that affect or are affected by an organization. They fulfill many roles within organizations. What is the most significant role stakeholders play in an organization? Why? How do stakeholders acting in this role influence the organization ’s mission‚ vision‚ and strategy? The answer to this question depends to a large degree who the stakeholder is and whether it is a market or nonmarket stakeholder (Lawrence & Weber‚ 2011). However
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