Stakeholders - Free Essay Examples and Topic Ideas

With the unpredictable economy and insecure future in South Africa, organisations are finding it difficult to forecast how changes ahead will affect their stakeholders. Stakeholder relations are at the core of corporate communications (Coombs and Holladay, 2007; Wu, 2007). Scholars have even suggested that public relations equal communication management which equates to stakeholder relations. Prior studies and literature on stakeholders has for the most part focused on social networks between organisations and their stakeholders (Bornsen et al., 2008; Mitchell et…

The contribution of stakeholders is considered to be vital in the provision of inclusive education in Zimbabwean Secondary schools. This generally takes in the responsibilities of various interested group of providers, clients, organizations, communities, expert advisors, government departments and politicians who can help schools in form of decision-making, financial support and other material resources to ensure rapid improvement in sport and academic achievement. This essay discusses the role played by communities, organization and government departments in the provision of inclusive…

Evaluate the influence different stakeholders exert in one organisation Tesco is the largest retailer I the U.K and the third largest in the world. Tesco specialise in grocery and general merchandise. Tesco has many different stakeholders which influence the organisation in many ways; some have higher influence than others. In this piece of work I will be evaluating the different levels of influence that each stakeholders share. Customers Out of all the stakeholders I strongly believe that customers are the…

The three approaches, stakeholder, shareholder, and market failure approach, may seem as if they are all good approaches in business and will output ideal outcomes. However, in reality, the three approaches have their own characteristics and methods in order to deal with certain events and guide the corporation in how it ought to act (MIT Sloan Management Review, 2003). In addition, some of the actions that some of these approaches suggest may not align with some of the moral obligations…

Part of strategic management is the maintenance of a good stakeholders’ relationship as a stepping-stone to the eventual attainment of organizational goals. A rapport with stakeholders is essential, as they are part of the business environment. Organizational stakeholders to the firm include shareholders, employees, consumers, local communities, government, and other businesses. Shareholders and employees are given stakeholders. Consumers are stakeholders because without them, Gap will be a lost cause, and the firm has taken the right direction when it decided…

In the realm of corporate governance and ethical decision-making, two prominent theories have emerged: Stakeholder Theory and Shareholder Theory. These theories offer distinct perspectives on how businesses should prioritize their responsibilities and engage with various stakeholders. This essay aims to delve into the fundamental differences between Stakeholder Theory and Shareholder Theory, exploring their implications, ethical considerations, and effectiveness as management strategies. Stakeholder Theory: A Holistic Perspective Stakeholder theory posits that businesses are enmeshed in a web of contractual relationships with…

Explain the roles of both internal and external stakeholders in the selected business and show how their objectives and expectations have changed over time. What is a Stakeholder? A stakeholder is someone who is interested in a company or business, e.g. Tesco; they can either be an internal or external customer to the business. They may also be affected in a situation that happens to the company because they them selves may of given and invested money into the company…

Question 1: Who were the key stakeholders involved in, or affected by, the collapse of Enron? How and to what degree were they hurt or helped by the actions of Enron management? Answer: Enron’s board was made up of 17 members. Out of 17, 15 were outsiders and only 2 were insiders. These two key stakeholders were insiders of Enron named Kenneth L. Lay (Enron CEO) and Jeffrey Skilling (President & Enron COO). They were helped my Enron management in…

1. Client: The very first stakeholder I am going to assess is the clients which are external stakeholders. Consumers add to profit levels and turnover through purchasing products and services. These Customers are stakeholders in a company for monetary factors, clients do not desire to need to spend an extreme amount of cash to purchase products for regular monthly bases, therefore if the products are cheaper in Asda, than they are in another shop such as Tesco then clients will…

Every organization, irrespective of its size or nature, is intricately connected with various stakeholders—groups or individuals whose actions significantly impact or are impacted by the business. The number, significance, and influence of stakeholders vary based on the type of organization, the products or services it offers, and its overall structure. This report aims to delve into the complex network of stakeholders within Lidl, a prominent international retailer. By evaluating the influence exerted by different stakeholders, particularly employees and customers, we…

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. Stakeholders can influence the organisations because all stakeholders can justifiably expect that the company will attempt to…

A stakeholder is any individual, group, society that owns a stake in the industry. The, stakeholders can be both either internal or external to a business. A stake is an important part in the business and its activities. It can include proprietorship and property interests, legal interests and commitments, and ethical rights. Apple is a multinational tech giant which leads the cellphone and the tablet market in the world. It has many stakeholders as, they are mentioned below. Stakeholders for…

In this assignment I will talking about key stakeholders who influence the purposes of two businesses, the business I have chosen are Tesco and Range Rover. Also I will be talking about the interest owners, customers, suppliers, employees, trade unions and employer associations have in the businesses. Another point I will be talking about is why business have to consider local communities and pressure groups when operating their business. Definition of Stakeholders Stakeholders are anyone that is affected by the…

Task 2 is to describe the different stakeholders that influence the purpose of Apple and British Heart Foundation. A stakeholder is a person or group that has an investment, share, or interest in something, as a business or industry. This is not just limited to someone who has purchased stock in a company, which is a shareholder. Who are stakeholders for Apple? Customers want the business to produce quality products at reasonable price. You have different types of customers. There…

Over the last decade, with the rapid development of business management, the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders. However, if…

External Stakeholders play a vital part in the success of Coca Soda pop. Without the external stakeholders, Coca Soda pop would not be the success it is today. These companies and persons who are considered to be external stakeholders vary in variety and duty. The most basic of the external stakeholders but among the most important are the consumers. Without the consumers, Coca Cola would be simply a name and not an item or multi-national and global company. Customers vary…

Evaluate the influence different stakeholders exert in one organisation I am going to evaluate the influence that stakeholders exert on Tesco. I will be evaluating the following stakeholders: customers, employees, shareholders and suppliers. The first stakeholder I am going to evaluate is customers which are external stakeholders. Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons, customers do not want to have to spend an excessive amount of…

Reflective Statement In this module I have actually had to consider how this business functions in a lot more information than I have ever done prior to. It is easy to consider granted some of the work that is done on the quality side of business. It was fascinating to take a look at and examine my department and discuss with my supervisor areas where I believe we can improve. The abilities I have actually been taught have actually given…

Introduction Stakeholders, defined as "anyone who has an interest in what an organisation does" (Wright, 2001), play a pivotal role in the success of events. These entities encompass a diverse range, including governments, investors, political groups, customers, communities, employees, and suppliers. Effectively satisfying and garnering support from stakeholders is integral to orchestrating a triumphant event. This essay delves into the significance of stakeholder management, offering recommendations on identifying, categorizing, and managing stakeholders for optimal event outcomes. The Essence of Stakeholder…

There are five different stakeholders of a company compensation system and the human resource department provides them within and outside the companies. They are as follow: Employees, line managers, executives, unions, and US government. Stakeholders is performance-based compensation that focuses everyone in an organization on long-term while providing unlimited compensation opportunities for those who make it happen. This will create a strategic planning and compensation in an organization. (Higgins, 2006) Employees, are an important part of any organization or company.…