P2: Describe the key stakeholders who influence the purpose of two contrasting organizations. Google A stakeholder in a business is any individual or group with an interest in the decisions made by that company. Some of the stakeholders are internal to the business‚ such as its employees. Some are external to the business such as Google users. The key stakeholders in a business are customers‚ suppliers‚ employees‚ local and national communities and government. Employees- employees are one
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Stakeholders are all those who need to be considered in achieving project goals and whose participation and support are crucial to its success. Stakeholder analysis identifies all primary and secondary stakeholders who have a vested interest in the issues with which the project or policy is concerned. This information is used to assess how the interests of those stakeholders should be addressed in a project plan‚ policy‚ program‚ or other action. The goal of a stakeholder is to develop a strategic
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has been made to select the Fortune 500 Company UnitedHealth Group to invest in. UnitedHealth Group operates in all 50 states and is based out of Minnetonka‚ Minnesota. The purpose of this paper is to identify the company’s internal and external stakeholders‚ describe their wants and needs‚ and explain how the company is fulfilling those needs. UnitedHealth Group UnitedHealth Group is a prominent health care company‚ serving more than 75 million individuals worldwide. UnitedHealth Group touches
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P3 - Describe the main physical and technological resources required in the operation of a selected organisation. M1 – explain how the management of human‚ physical and technological resources can improve the performance of a selected organisation. In this assignment I will describe the main physical and technological resources required in an organisation‚ and how the management of human‚ physical and technological resources can improve the performance of Tesco. Physical resources Some of the
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How ratio analysis benefits the stakeholders of a company Ratio analysis is a type of financial information that always prepared to satisfy in some way the needs of various interested parties (stakeholders). Below are some of the benefits that the stakeholders can get from the ratio analysis: Planning and Forecasting Management uses the ratio analysis to identify the future trends of its financial performance. With those information‚ its provide opportunity for the management team in planning
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City of Resident # 1 - Good (morning)‚ (afternoon)‚ (evening) Kardell Paper Company board of directors. Kardell Paper Co. has been a good company‚ employing 500 people from our town. You have always complied with regulatory agencies‚ and have been compliant with releasing only very small quantities of sonox. Test showed there were higher concentrations at Kardell Paper Company’s discharge point; however you remain compliant with regulations. Yes‚ we realize that you are not the only company discharging
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P2- Describe the different stakeholders who influence the purpose of two contrasting businesses. A stakeholder is anyone with an interest in a business. Stakeholders are individuals‚ groups or organisations that are affected by the activity of the business. There are two different types of stakeholders; internal and external. Internal stakeholders are groups within the business e.g owner/workers and employees. External stakeholders are local and national communities and governments‚ these are
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l Unit 21 – Aspects of Contract and Business Law Assignment Unit 21 Candidate Full Name: Date issued: Candidate Number: Date due for return: Teacher: Mr M Tissot Date submitted: Email: Learning Outcomes When you have finished this unit you should: 1 Be able to apply the requirements for a valid contract 2 Understand the impact of statutory consumer protection on the parties to a contract 3 Understand the meaning and effect of terms in a standard form contract 4 Be able to apply
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Stakeholder theory has been articulated in a number of ways‚ but in each of these ways stakeholders represent a broader constituency for corporate responsibility than stockholders. Discussions of stakeholder theory invariably present contrasting views of whether a corporation’s responsibility is primarily (or only) to deliver profits to the stockholders/owners. Milton Friedman’s (1912-) now-famous pronouncement that the only social responsibility of corporations is to provide a profit for its owners
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When I spoke to the employer of the local paper shop‚ he told me that he shares many different rights and responsibilities with his employee’s and they are the Health and Safety act and the Conditions of Employment. The Health and Safety act sets out rules that both the employer and employee should obey to run the business effectively‚ the employer has a right to provide safe equipment that won’t put the employees in danger‚ however‚ the employee also has to obey any rule to the employer puts forward
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