• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Stakeholders.We are all stakeholders in businesses. This means we all have interest in businesses and can influence the way it operates. We are stakeholders in schools, colleges and shops we buy things from. We are stakeholders in places were we spend mon

Extracts from this document...

Introduction

Stakeholders We are all stakeholders in businesses. This means we all have interest in businesses and can influence the way it operates. We are stakeholders in schools, colleges and shops we buy things from. We are stakeholders in places were we spend money as a customer. We have interest in them because if they close down or relocated or don't stock the items we want, we would probably be inconvenienced. We have an influence on them because if we pass a remark, make a suggestion or register a complaint they may listen, and if they receive the same remark or complaint from a few customers, they would be wise to take some action. Other stakeholders in businesses are: * Employees and managers of the business * Shareholders * The local community * The government * Customers ...read more.

Middle

Employees and managers as stakeholders, as an employee you have a different kind of interest in a business. It may be pleasant to work for an ethical company which offers value for money to its customers and is responsive to customer complaints, your main area of interest will be in: * The way the staff are treated * The rates of pay * Whether the business is secure-or likely to close down any day. You will want your employer to treat you fairly. Managers have similar expectations. They, too, like to be treated fairly, paid well and to have a security. Employee needs do not change just because you climb the ladder! However, managers also like the opportunity to make decisions, to prove that they can do the job well and to be given responsibility. ...read more.

Conclusion

They are stakeholders in the business because they work there. The government is a big stakeholder in the Picture House because the government gets taxes and vat from them. There are also other people that have an interest in the Picture House. These people are the people that supply the company with things to run the business. The things they need to run the business are electricity, gas, water, they also need to pay for the building they own. If the Picture House wasn't a business the companies that supply would have no business. Every stakeholder has a big influence on a business and how it runs. Customers are massive stakeholders because they are the ones that pay money to see the films, so whatever they want they can tell the cinema and they can satisfy its customers. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level People & Operations Management section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level People & Operations Management essays

  1. Marked by a teacher

    Roles and Responsibilities of Staff Members at McDonalds.

    5 star(s)

    Workforce planning means that the managers are provided with a framework to work on that helps them to make decisions on the businesses duty, strategic planning, budgetary resources and workforce skills. The reason why workforce planning is so important and so popular to be used is because it means the

  2. All shareholders are stakeholders but not all stakeholders are shareholders

    As a result there are many additional stakeholders who are affected by the actions of BP and its products. In the UK BP have a number of offshore developments, the majority of these are oil and gas stations in the north sea.

  1. Teamwork. There are several reasons why a business may organise their staff into teams. ...

    a good thing as he is never seen shouting at his players in public, telling them what they are doing wrong, but instead is motivating them by putting trust in them and encouraging teamwork in a calm and controlled way.

  2. The main aim of this research is to evaluate the information on the human ...

    This plan helps organization in achieving its operational requirements. Civil service branch gives support to initiates of human resource management implementation. Organization is existed to serve community and it needs resource in its serving. Any organization depends upon its staff to reach its goals.

  1. AS Btec business. Report on understanding how businesses operate.

    Tesco's will have objectives that are Specific, Measurable, Achievable, Realistic and Time. These are known as S.M.A.R.T objectives. Tesco's objectives is to make sure that they satisfy the needs of their share holders, and they will do this by meeting their aims and objectives and that their customers are provided

  2. Unit 13 Applied Business

    of the activities and choices, in order to please the customers and meet the customer service objective created. The Santa's Grotto and a chance to have a photo with Santa are also beneficial and would help raise more money for 'Great Ormond Street Hospital' as well as meeting the requirement of younger children and parents.

  1. Describe the Different Forms of Ownership of Businesses

    Is responsible for all debts. 3. If business owner became ill or went to holidays , so employee might not be able to come to work, although illness insurance is available unlikely to get levels of profits in to the business, but still there are more chances to get problems in to business.

  2. Free essay

    Investigating Customer Service at a school and at Asda.

    This will be a result of the teacher not being motivated to turn up for the lessons. The negative attitude would be passed onto the pupils. Parents especially, will want to know how their child is doing at school. They will expect regular performance assessments in order to find this out.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work