The company Barnardos is a PLC (public limited company) they work nationally to provide charitable serviced. Barnardos Organisation they operate in
They have offices in the other countries but they do not support children of those countries. They are also a tertiary because they provide the service to people who have been kicked out the house or people who are living on the streets and many more. The stakeholders of the company are that who donates to Barnardos, the people who benefit.
The Government, the local community example schools, college etc my school has adopted Barnardos as one of their charities and other charities such as Children In Need and Red Cross.
There shareholders would be the beneficiaries (children, aged, disabled), the donators, competition and staff of the company. The children will lose their happy healthy childhood if the Barnardos Company goes down and the donators will lose the money they donate, they will have to donate to no cause.
The competitors could be children in need they lose out on money when persons donate to Barnardos get paid a wage or working at the company and therefore have the worry of loosing a paying job. Stakeholders are important to a charity organisation without them the company would get bankrupt and wouldn’t even exist.
Stakeholders are individuals or groups that have some claim on the company. They can be divided into internal claimants and external claimants.
Internal claimants are stockholders and employees including executive officers and board member while external claimants are all other individuals and groups affected by the company’s actions. Typically, they comprise of customers, suppliers, governments, unions, competitors, local communities and the general public.
Customers as stakeholders – Customers however can go by different names and have different interests, other examples of a customers whoa re stakeholders include
Unless a customer knows the owner personally pr the business is very small. It is the collective views of the customers which influence business activities.
Issues which usually concern customers include:
As an employee your interest in a business will be different from that of the customers. You are most likely to be concerned about the…
Owners and shareholders have a common interest; they each invest money in the business. If it is successful they will make more money if it is not they will lose money. Shareholders hope to make money in two ways if the business does well then the value of their shares will increases. They could then sell their shares and take profit or keep them and hope they would increase further. The danger is that the shares could fall in value on which case the shareholders would lose money. Shareholders also expect the company to pay a dividend which is usually twp pence per share twice a year. Owners like to see their profit increasing and the value of their business like innocent smoothies rising.
Individual shareholder power to influence a company decision depends upon two things which are
Local community has an interest in many of the business activities taking place in a n are for example residents of a large housing estate might welcome a supermarket opening on the edge of their estate but would be concerned about the number of lorries making late deliveries to the store. Local people may also be concerned about business activities and operations that could result in damage to the local environment such as the building of housing on green field sites. Some residents might worry that some business activities will reduce the value if their property.
Some issues that concern communities and which they might object to include
Government are also interested in business for political reason. All government want to retain power and aim to be re-elected. A government which is receiving large amounts in revenues has the scope to do more. It can spend money on new hospitals, schools and transport, which will please voters. It may even be able to lower taxes which may please them even more. But if the business is doing badly many people are unemployed and taxes are going up then the electorate may vote another party into power at the next general election in hope that it will do better.
There are thousands of pressure groups in Britain including
Suppliers – Some suppliers dislike being dependent on business buyers they extend their operations to sell direct to the final consumer for example many breweries own their own pubs and restaurants and petrol companies have their own petrol stations. Equally some business buyers don’t like being dependent on suppliers. In this case they may decide to produce their own supplies for example Innocent smoothie’s product their own natural drink
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