external influences intensively which affects factors as reputation and the sales of the company. External influences have a negative impact as well as negative impact. This essay will establish to assess at the external business environment of Debenhams. PEST analysis tool will be used in order to complete the assessment efficiently. PEST Analysis PEST analysis is used for to understand market growth or decline and to discover the position‚ potential and direction of a business. It is also defined
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8 January 2013 DEBENHAMS PLC INTERIM MANAGEMENT STATEMENT Debenhams plc‚ the leading international‚ multi-channel brand‚ today announces its interim management statement covering the 18 weeks to 5 January 2013. Highlights • • • Good sales momentum: 18 weeks LFL sales up 2.9% Highest ever December sales: five weeks to 5 January LFL sales up 5.0% Online sales ahead of expectations: 18 weeks up 39.0% Michael Sharp‚ Chief Executive of Debenhams‚ said: “I am pleased with our performance
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Stakeholders A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. There is two different types of stake holders‚ these are internal and external. Internal stakeholders are people who are on the inside of the business that already serve the organisation‚ these include staff‚ managers‚ board members etc. external stakeholders are from outside of the company but
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WHO ARE YOUR STAKEHOLDERS? WHAT ARE YOUR RESPONSIBILITIES TOWARDS EACH OF THE STAKEHOLDERS? Groups / individuals that are affected by and/or have an interest in the operations and objectives of the business Most businesses have a variety of stakeholder groups which can be broadly categorised as follows: Stakeholder groups vary both in terms of their interest in the business activities and also their power to influence business decisions. Here is a useful summary: Stakeholder Main Interests
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Steps in Identifying Stakeholders Identifying all of a firm’s stakeholders can be a daunting task. In fact‚ as we will note again shortly‚ a list of stakeholders that is too long actually may reduce the effectiveness of this important tool by overwhelming decision makers with too much information. To simplify the process‚ we suggest that you start by identifying groups that fall into one of four categories: organizational‚ capital market‚ product market‚ and social. Let’s take a closer look at
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Stakeholders As argued by Sharma & Starik (12) a stake holder is that which is affected by the operation of an organization entirely or can affect the organization directly. The organization can be of any kind meant to realize certain goals by the society. Stake holders are tenet to the development and performance of the organization without which the organization either cease or collapse completely. As such any organization must strive to identify its stakeholders and their specific needs
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Stakeholder Relationships Brief To produce a set of recommendations in a written document about how McDonalds PLC‚ can reduce its carbon footprint through the management of key stakeholder relationships. Introduction McDonald’s PLC‚ is one of the largest fast food chains in the world‚ with 32‚000 outlets in 117 countries. In the UK the first restaurant opened in 1974 and now in the UK stores alone‚ the chain serves 2.5 million customers daily. In the early 2000’s McDonalds saw for the first
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organization. Stakeholders can affect or be affected by the organization ’s actions‚ objectives and policies. Some examples of key stakeholders are creditors‚ directors‚ employees‚ government (and its agencies)‚ owners (shareholders)‚ suppliers‚ unions‚ and the community from which the business draws its resources. Read more: http://www.businessdictionary.com/definition/stakeholder.html#ixzz2PXLmU8iH A person‚ group or organization that has interest or concern in an organization. Stakeholders can affect
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Stakeholder analysis P2‚ M1 and D1 For this task I will be looking at two organisations and will be looking at who their stakeholders are and how much influence they have and also what they want from the company. A stakeholder is someone who holds and interest in the company. The two organisations I will be looking at are Tesco and Macmillan. Tesco are a one of the largest retailer stores in the world. They have expanded massively and now in England there are now over 3300 stores in the UK alone
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Stakeholder 1: Owner‚ as they have the biggest say on the company and its decision. They influence the company’s decisions as they are the main say of it. The owner of the business can be role models for the employees. As the employees watch the owner’s behaviour all the time. Designing the workspace to have a nice environment for the employees to work well in this will increase the efficiency of the company. Influences the aims and objectives of Tesco‚ as they have a large say in the company so
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