Case Study: Thorpe Park
M1
Within any company there would be stakeholders that may have more influence over the company than some as is the same with Thorpe Park as they have four main stakeholders and each of them have their own
Customers-The customers play an important role in any business’s company especially Thorpe Park as the main purpose of their business is to provide a service. The company uses different tactics to keep the customers happy such as promotions, for example; Thorpe Park offers discounts to the customers that arrive together in large groups. Customers have a potent influence not only in Thorpe Park but in other businesses as the companies not only want to maximize profits but also they want to their company have generally recognized with a …show more content…
The charity provides their employees with a number of benefits as to keep them happy motivated and to avoid employee turnover, for example; the charity provides their staff with a ‘Taste Card’ which can be used at more than seven thousand (7000) restaurants across the UK, which provides them with the service of ‘2-for-1’ meals and/or fifty percent (50%) off the food bill. As the cancer Research UK is a charity organisation there are 40 000 people who offer their services are a valued in the organisation as without them there would be few people to ensure that the aims of the charity is met and with the volunteers having this power within the charity they can influence in the Cancer Research UK to agree to their terms or possibly …show more content…
With the employees having that particular common interest with the shareholders, it can result in the shareholders gaining an advantage as the employees would be motivated to work hard in order to keep their jobs and allow the company to have a hefty profit
Within any company there would be stakeholders that may have more influence over the company than some as is the same with Thorpe Park as they have four main stakeholders and each of them have their own
Customers-The customers play an important role in any business’s company especially Thorpe Park as the main purpose of their business is to provide a service. The company uses different tactics to keep the customers happy such as promotions, for example; Thorpe Park offers discounts to the customers that arrive together in large groups. Customers have a potent influence not only in Thorpe Park but in other businesses as the companies not only want to maximize profits but also they want to their company have generally recognized with a …show more content…
The charity provides their employees with a number of benefits as to keep them happy motivated and to avoid employee turnover, for example; the charity provides their staff with a ‘Taste Card’ which can be used at more than seven thousand (7000) restaurants across the UK, which provides them with the service of ‘2-for-1’ meals and/or fifty percent (50%) off the food bill. As the cancer Research UK is a charity organisation there are 40 000 people who offer their services are a valued in the organisation as without them there would be few people to ensure that the aims of the charity is met and with the volunteers having this power within the charity they can influence in the Cancer Research UK to agree to their terms or possibly …show more content…
With the employees having that particular common interest with the shareholders, it can result in the shareholders gaining an advantage as the employees would be motivated to work hard in order to keep their jobs and allow the company to have a hefty profit