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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Final January 26‚ 2012 Stakeholder Engagement Plan Summary for the American Community Survey Program Review [This page intentionally left blank] Table of Contents 1 Background and Purpose 4 2 Objectives and Scope 4 3 Methodology 4 3.1 Stakeholder List Development 4 3.2 Outreach and Education Plan 5 3.3 Formal Feedback Collection and Summary 5 3.4 Stakeholder Engagement Evaluation 5 4 Communications Methods and Approach 5 [This page intentionally left blank] 1 Background and Purpose In
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derives from the (healthy) relationships with the following audiences: • customers • investors • employees • competitors • the local community • government‚ and • the public at large Corporate reputation is formed by all the different stakeholder groups of the organisation in response to information received‚ and experience of the organisation. The various groups take different cues and different sets of attributes into account and each will give these a different weighting. This is why
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D1 In this case study I have chosen one of the following organisations from my previous task “McDonalds.” I have chosen McDonald’s because they are a very popular worldwide fast food restaurant and also they have a various amount of stake holders. Owners: Owners want to prosper and make money. They also need to care about how the business is running and how it will be more successful by investing money. If McDonald’s wasn’t as successful as it is today then owners wouldn’t be as confident
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Quistions on Academic Research Case The need for an Internal Auditor Report to External Stakeholders to Improve Governance Transparency Naimah AlBaharnah Prof. Liotta‚ Joseph P AC629‚ Contemporary Issues In Auditing June 19‚ 2014 What is the issue being addressed in the paper? Sarbanes Oxley mandates requires all public companies to establish internal controls and procedures for financial reporting. In addition they must document‚ test and maintain those controls and procedures to ensure their
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P2- Describe the different stakeholders who influence the purpose of two contrasting businesses P3- Describe how each business is organised Key stakeholders in Make A Wish Make a wish get a lot of supports from companies each year to help make wishes come true some of the companies are: Flight centre limited raise enough money to grant 25 magical wishes to come true. Some of the wishes cost thousands of pounds to make come true especially if they want to go aboard.
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Business Environment P2 Describe the different stakeholders who influence the purpose of two contrasting businesses. Blackpool pleasure beach A stakeholder is someone who is affected by the business either in success or failure. The stakeholders of Blackpool pleasure beach are: The owners of Blackpool pleasure beach are: Amanda Thompson and her brother Nicolas Thompson who is the deputy manager. It has always been a family run business and has been passed down by other family members. Without
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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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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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