people and business

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                                                                                                              Ivie Ignis-Iribhogbe

                                                                                                  Business studies coursework

                                                                                                 Unit 2- People and Business

Introduction

This unit is on the people in a business and their roles and responsibilities. The business I have chosen to investigate the people who are interested in this business is a school called The Business Academy Bexley. This is because they are an interesting set up to investigate on due to the type of activities that are carried out in this firm. While observing the business, I gather information on where the business is located (Yarnton Way Erith Kent DA18 4DW), the size of the business (A large Educational organisation), the number of staff at the business (205 employees), and the approximate number of customers (1100 students).

Stakeholders are people or organisations that have an interest in a particular business. The various stakeholders in the business are: - customers, employees, owners/ investors, suppliers, financiers, and the Government. The table below explains in details how each stakeholder has an interest in the business.

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 Every stakeholder is powerful because the business needs every stakeholder as it cannot perform properly with out anyone of the stakeholder. They are also important for other reasons. I however think that the influential stakeholder is the employee who can be either a teacher, head teacher or even a cleaner. I think they are every important because they attend to the customers and without them there will be no one to help the customers make the business progress. Another reason why they are so important is because they determine how much information the customer gets from the ...

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