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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Objectives of Business means the purpose for which the business is established. It is generally believed that the main objective of business is ta make profit and avoid loss. We do admit that profit is a driving force in undertaking any business activity but it is not the sole objective of any business. In the words of Urwick “earning of profit cannot be objective of a business any more than eating is the objective of living” . A business which is hunting after profits and ignores other objectives
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…………………………………………………………………………………. Organisations structure and culture Executive Summary: This report includes a research and finding of information about two large organisations’- Tesco and Coca-Cola. On the basis of findings it needs to compare and contrast between structure and culture of two organisations and also needs to explain how the relationship between structure and culture can impact on the performance of the business. This report also includes the various factors which could impact on behaviour
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Disneyland."[i] It is not easy at all to import a brand especially when USA and France have different cultural and economical backgrounds‚ codes‚ regulations and laws. I find it challenging to understand how Euro Disney S.C.A succeeded to pursue its goal and what assurances they gave to its stakeholders as the environment becomes more and more volatile. When we think about the concept of ``stakeholders`` we take into account everybody that has an interest (or `stake`) in the business. Stakeholder’s
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Schools as organisations * There are several types of providers of the EYFS‚ such as reception and nursery classes within schools‚ registered childminders‚ day nurseries‚ playgroups and after school and breakfast clubs. * There are four main types of mainstream state schools which are all funded be local authorities. These are known as maintained schools. They have to follow National Curriculum and include * Community schools these are run and owned by the local authority they
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An employee’s behaviour is the popular topic for the most researchers in organizational behaviour area. Most of the research in organizational behaviour has been concerned with three attitudes‚ which are job satisfaction‚ job involvement and organisational commitment (Elloy et al 98). This essay is arguing that Ralph’s current levels of workplace behaviours in his citizenship‚ turnover prospects‚ productivity and absenteeism to show that he is currently status at low levels of job satisfaction and
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Stakeholders Stakeholders can be defined as “anyone who has an interest in what an organisation does” (Wright‚ 2001). These stakeholders can include governments‚ investors‚ political groups‚ customers‚ communities‚ employees and suppliers. It is important to keep stakeholders satisfied and gain their support in order to run a successful event. This will be further developed in this essay‚ with further recommendations in distinguishing and managing stakeholders. Stakeholder management is the process
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requires a process of comprehensive engagement and negotiation with a broad range of stakeholders and the conscious and strategic acknowledgement of their divergent values and interests‚ needs and expectations. This paper emphasizes that dialogue and negotiation among stakeholders are the vehicles through which sustainable community development projects are established‚ implemented and monitored. Bottom-up CD programs which emanate from the grassroots level and closely involve community members are more
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process and of course‚ minimal geographical reach (Lee‚ 2005). On another hand‚ the rapid introduction of the internet into human resources recruitment processes can be said to be attributed by the internet’s unrivalled communication capabilities which allow written communications such as e-mails or documents to be sent off in a few second. Organisation’s and individual’s web-pages can be accessed at the click of a mouse. In addition to these‚ real-time conversations or conferences could even be
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ACCOUNTS PAYABLE/PAYROLL CUSTOMER SERVICE OFFICE CUSTOMER SERVICE OFFICE ACCOUNTS RECIEVABLE ACCOUNTS RECIEVABLE ORGANISATION STRUTURE OVER VIEW CHEN & LEE is a tax firm established in 2000.Firm Is a comprised of two managaing directors‚ in which one of the managing director is a Legal advisor for the company.The company is divided into three layers organisation structure which is as follows * Top level management 1. Managing Director (partner) 2. Legal advisor
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