Johnson et al (2005‚ p9) argues‚ "Strategy is the direction and scope of an organisation over the long term‚ which achieves an advantage in a changing environment through its configuration or resources and competences with the aim of fulfilling stakeholder expectations." I feel that this gives a clear understanding to the term‚ as it involves the four key areas every organisation needs to manage; firstly‚ what areas the business wishes to operate within‚ i.e. that markets and its activities. Secondly
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The intent of this paper is to discuss the stakeholder’s concerns relative to the significance of perceived performance criteria and the related performance outcomes in a construction sector environment located in Hong Kong. The key participants to this study consisted of clients‚ designers‚ consultants and contractors. Using a one-way analysis of variance (ANOVA)‚ the research established nine performance criteria namely profitability‚ care for environmental protection‚ timeliness of project delivery
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Describe how external factors are impacting on 2 organisations and their stakeholders. 1st organisation: Tesco FACTORS (add description) | Impact on business activities | Impact on Stakeholders | Political 1:Membership of international trading communities’ e.g. European Union.The economic association of over two dozen European countries which seek to create a unified‚ barrier-free market for products and services throughout the continent‚ | This would affect Tesco on their business
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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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operating a motor vehicle. This issue has been the subject of much debate among consumer‚ industry and government stakeholders. Most consumer stakeholders‚ such as the Advocates for Highway and Auto Safety‚ agree that cell phone use while driving is an unsafe and hazardous distraction‚ while others feel that it is a new luxury provided by the advances in telecommunication. For industry stakeholders‚ this issue provides added markets for technological advances. For example‚ the sale of "hands-free" cellular
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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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D1 - Evaluation of the impact of my selected business’s ethical behaviour on stakeholders and he business. From: Remigiusz Chodorowski To: BP’s executive manager Purpose: Evaluation of the impact of BP’s ethical behaviour on stakeholders and he business. Date: 20/03/2013 Introduction: There were always contorversries related to BP’s operatons. People were divied into those‚ who treated BP as a company providing petrol of good quality and wiling to purchase petrol from Britsh giant‚ and to
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P2- Describe the different stakeholders who influence the purpose of two contrasting businesses In this task I will be describing eight different stakeholders which are; customers‚ employees‚ suppliers‚ owners‚ trade unions‚ employer associations‚ local and national communities and the government. I will be stating what they are‚ who they are‚ why they useful‚ how they influence stake holders on organisation and why they are useful to business I have chosen which is Tesco and The British Heart Foundation
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USE OF SOCIAL MEDIA IN PROMOTING STAKEHOLDER RELATIONS IN THE EDUCATIONAL SECTOR DEFINITION OF SOCIAL MEDIA Social media has rapidly integrated itself into our everyday lives‚ both personal and professional‚ and it’s perhaps had no greater impact than on the world of marketing‚ with consumers and brands seeing enormous benefits and changes. Social media literally means interactive platforms through which individuals and communities create and share user-generated contents. Social media are social
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P2- describe the different stakeholders who influence the purpose of two contrasting businesses Ralph Thoresby School The school has lots of stakeholders that play a part inside the school this does not always mean that they have to be is shareholders or even that they own the business. A stakeholder can be in this case a student‚ parents‚ teacher‚ head teacher‚ government and the local area and shops. It is just someone that is affected by that business. All of these vary in the amount of influence
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