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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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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203 3.4 describe how to adapt communication to meet different communication needs. It may be necessary to adapt the way you communicate when the person you are communication with use’s English as a second language‚ has hearing impairment/deaf‚ medical problems‚ special educational needs‚ a disability‚ poor vision or blind. When you are communication with a child with special educational needs it is important to use the following‚ speak clearly slow your speech if necessary use visual aids
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The reason many people find it difficult to meet total strangers is because not one single person is the same. Many people find it easy to start up a conversation with total strangers while others have a fear of rejection. Some people are outgoing‚ some shy‚ some talkative‚ while some cannot even talk to themselves. Meeting new people can be difficult because there are so many different types of people and many places in which to find these different people. Such places include malls‚ new schools
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literature on the topic of organisational ‘Purpose’ show why the topic seems confusing to many business executives. If the ‘Purpose’ is to define the organisation’s reason for being‚ then which stakeholder group are we referring to? Stock exchange investors identify a different ‘Purpose’ than will customers‚ and different again to employees. Let us consider the full range of possibilities of the coffee-mug example used elsewhere in the project. A manufacturer makes coffee mugs and markets them as
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Accountancy Unit 3: Organisations and Behaviour Edexcel BTEC Level 5 HND Business and Accountancy Unit 3 Assignment: Organisations and Behaviour Useful Websites: www.managementhelp.org www.mindtools.com www.businesslink.gov.uk www.12manage.com www.businessballs.com Section 1 Understanding the relationship between organisational structure and culture You will need to: compare and contrast different organisational structures and culture Here you need to briefly describe the different types of organisational
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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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stakeholders - interests and power Common and conflicting interests of stakeholders The different stakeholder groups have different interests some in common with other stakeholders and some in conflict. Examples of common interests: * Shareholders and employees have a common interest in the success of the organisation. * High profits which not only lead to high dividends but also job security. * Suppliers have an interest in the growth and prosperity of the firm. Examples
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To meet the IEP goals of Steven the collaborative group that is needed to have daily communication would be Steve’s Self-contain classroom teacher‚ Inclusion classroom teacher‚ one to one paraprofessional and his occupational therapist. Each of the above professional will be responsible for keeping an individual daily check list on Steven’s academic physical and social progress. The team will meet on Wednesday s and Fridays bi-weekly to evaluate the progress of Steven. During these twice a week meeting
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How an organisation communicates – Greenpeace Greenpeace is an ecological and pacifist international organisation‚ economically and politically independent‚ that does not accept donations or pressure from governments‚ corporations or political parties. Greenpeace “defend(s) the natural world and promote(s) peace” (Greenpeace‚ 2008). The funding for its campaigns depends entirely on voluntary contributions from members and sympathizers. Because Greenpeace is an NGO‚ it cannot invest large amounts
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