Isle of man College.
The Isle of man College is a public businesses owned by the local tax payers but is operated and run by the government on behalf of the people. The isle of man college has no real competition on the Island which makes it the only college on the isle of man, the college has over 1000 full time students and more including the part-time students on the night courses and some part-time professional courses in college and at the nunnery which carries most of the professional businesses courses that college offers and also because college is a non-profit making business the department of education has to give the college enough money to supply each course with the right materials that they need. And now that the college is growing more courses are being introduced like the HNC and Degree in information technologist which is tied in with Chester University. Because the IOM college is quite a large organisation the structure for college would be more de-centralised and instead of the program areas in college go directly to the principal to report any problems it is left to the program managers to deal with the problems for their certain area. The college has it's own aims and objective compared to other school around the Island on the website the college talks about it's mission statement and I will give a brief quote from the paragraph.
"Isle of Man College exists as an educational and cultural resource for the residents of the Isle of Man,”. This is a brief quote from what it says on the college website, in my opinion it means that the college is here to provide education to everyone unlike schools college is open to everyone over the age of 16 unless recommended by the department of education. The college is also in the Tertiary sector because unlike the Ramsey Bakery it provides service to the community instead of manufacture good.
Task 2 P2.
Describe the different stakeholders who influence the purpose of two contrasting businesses.
Stake holders for Isle of man college.
Stakeholder for Ramsey Bakery LTD.
Students.
Student are the colleges consumers, because the college has so many different courses there are lots of full time students that keep the lecturers in college busy.
Consumers.
Consumer are the people who consume the products the Bakery offers they are not unnecessarily the customers although sometimes they can be.
Staff.
The colleges employees are the lecturers, cafeteria workers admin staff and many more they take interest in the college because without college they would not have a job.
Customer.
Customers are the hundreds or people that buy the Bakery's products they can also be the consumer which means they may be buying the products for themselves or their family.
Suppliers.
Suppliers are the people who supply college with the ingredients in the cafeteria and in the office for supplies that students can buy. One of their suppliers in Ramsey Bakery.
Staff.
The bakery's staff are the labourer that bake the bread and package them. The Bakery doesn't have as much staff as the College but they are just as important.
Local community.
The local community is also one of colleges main stakeholder because sometimes the local community comes to college just visit or go to the restaurant or the canteen to have a snack or eat.
Suppliers.
The Bakery's suppliers are one of their most important stakeholder because they rely on their suppliers to be on time with deliveries or else they would not have their products delivered on time.
Government.
The government has to have interest in the College's actions because it's a government managed business.
Local community.
The local community are the 80,000 residents on the isle of man that take interest in the Bakery's products.
Competitors.
The colleges main competitors are the Sixth forms in the high schools around the island because some schools offer similar subjects to college and they want to be able to keep students in their school instead of going somewhere else.
Government.
The Government in interested in the bakery because they are the only bakery on the island that delivers to government facilities and because it is a local business they want to keep it thriving for a long time.
Competition
Kathleen Barrientos Assignment 1 Business Environment Paul Martin