Preview

William King External Stakeholders

Good Essays
Open Document
Open Document
462 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
William King External Stakeholders
External stakeholders are those groups outside a business. Definition of external stakeholders is individuals who are not affected by the financial side of a company. External stakeholders of a business can include customers, political connections and other businesses in the similar industries. Local residents /community: William King is located in a residential zone with lots of homes nearby. Some of the work is very hot and in the summer, it is necessary to have the doors open. At night this can cause noise for the residents and Wm. King do get some complaints. The company are in the process of undertaking a noise assessment. Asda is also located in a residential zone with loads of shops and homes nearby. Asda is not noisy as the William king factory this is because William King work with metal, heavy and noisy machinery which causes lots of noise but with …show more content…
If William King need to dispose of waste materials [especially toxic waste] the council need to be sure it is done legally and taking the public safety into account. William King as a responsible company with an excellent reputation takes their responsibilities very seriously. If they did not have this, their customers would go elsewhere. To achieve this standard, William King has had to prove that their operations make the least impact on the environment as possible. Bigger Lorries are used so that fewer journeys are made, and those are better planned. Recycling and waste reduction are important because Land Fill Tax is charged on all waste that has to be disposed of, and this is an extra cost. One example is where the Tin mill has changed from paper wrapping to shrink wrapping; another is the increased reuse of timber pallets, 75% being the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Bus 1101 Unit 4 Business

    • 291 Words
    • 2 Pages

    The text defines stakeholders as: “Individuals and organizations who are actively involved in the organization or whose interests may be positively or negatively affected by what the organization does.” Every organization has stakeholders.…

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Stakeholders can be classified as internal or external, depending on their relationship to the organization.…

    • 1042 Words
    • 6 Pages
    Good Essays
  • Good Essays

    D1 Business Environment

    • 2421 Words
    • 10 Pages

    External Stakeholders: are those who are involved in business externally for example customers, suppliers, local community and government.…

    • 2421 Words
    • 10 Pages
    Good Essays
  • Powerful Essays

    Internal stake holders are people such as employees, managers, owners and other staff within the business. And external stake holders are the local community, government, suppliers, distributers, unions and society.…

    • 2515 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Internal Stakeholder is someone who works inside the organization or anyone within the organization that will benefit from the company’s profits. For example:-…

    • 1865 Words
    • 8 Pages
    Good Essays
  • Better Essays

    Unit 1 - D1 & D2

    • 4135 Words
    • 17 Pages

    In every organisation there are stakeholders and these stakeholders are split up in groups; Internal, External and Linked. Internal stakeholders are individuals that are within an organisation such as workers, panel of administrators and professionals. Linked stakeholders are individuals that are associated with the organisation or use their products or services. These are clients, providers, share-holders and opponents. Finally, outside stakeholders are those individuals that are not engaged in the organisation but are interested in the way that it is run such as the government, team & stress categories.…

    • 4135 Words
    • 17 Pages
    Better Essays
  • Good Essays

    P2/M1 Unit 37

    • 1285 Words
    • 6 Pages

    All businesses have a number of stakeholders each with individual interests in what the business does, the owners (In co-ops case, the members) will want good financial gains from their investments. Businesses such as co-op should be managed with the interests of all stakeholders in mind.…

    • 1285 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    The stakeholders are individuals or groups of people who affects or be affected by the business organization. The external stakeholders and the internal stakeholders have the effect on the business. The external stakeholders affect the business indirectly in which Amazing One’s stakeholders includes the the customers, suppliers, government and shareholders. The internal stakeholder affects the business directly in which Amazing One’s stakeholders includes the employees, owners and managers. Objectives and influence and how they meet….…

    • 368 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Payroll

    • 301 Words
    • 2 Pages

    Internal stakeholders are Individuals who reside inside the company as board members, executives, managers, employees, and trade unions and who benefit directly from their contributions to the growth of the company. Internal stakeholders are employees, management, and the board of directors. The external stakeholders would be family members, competitors, suppliers. External stakeholders are customers, supplier, or lender that influences and is influenced by an organization but is not a member of it.…

    • 301 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Managing physical and technological resources well can have substantial cost saving benefits for Asda, ensuring that the building and the space inside is well maintained helps Asda work more efficiently because customers will be more pleased about changes made therefore it will give them a reason to shop at Asda and also it will make the staff pleased and stimulates them to work efficiently. It is important to have all equipment working e.g. machinery in the factories. Otherwise resources are being wasted and not used efficiently. This can have an impact on the performance because if machinery isn’t working at all this would mean that Asda couldn’t then produce its products. Asda will need to also…

    • 564 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business P2

    • 370 Words
    • 2 Pages

    Stakeholders are a person with an interest or concern in something for example a business.…

    • 370 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Stakeholders can be anyone, both internal and external, with a vested interest in your organisation. They can include employees, clients, colleagues and customers… in fact anyone who may be affected by your operations.…

    • 8102 Words
    • 33 Pages
    Better Essays
  • Good Essays

    “Any actions that threatens a personal safety of another person it can be done physically, emotionally or/and psychologically”. Lack of manual handling training, not disposing waste proper way always influence the procedure and can be harmful to persons wellbeing and puts another person at risk as unsafe practice.…

    • 201 Words
    • 1 Page
    Good Essays
  • Satisfactory Essays

    By building stores at areas built before, ASDA looks after its environment reducing building time keeping disruption to a minimum, they use the latest technology on construction minimizing raw materials and energy used and designing stores so that all customers can reach them through many ways of transport.…

    • 407 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Benefits of Recycling

    • 495 Words
    • 2 Pages

    In addition, I would mention two important effects of recycling which benefits the environment and our…

    • 495 Words
    • 2 Pages
    Good Essays