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AS and A Level: Structures, Objectives & External Influences
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- Marked by Teachers essays 9
- Peer Reviewed essays 1
Meeting the objectives of all stakeholders may be desirable but it is rarely profitable. To what extent do you agree with this statement?
Therefore following this objective would be expensive as environmentally friendly products are more expensive than regular products and selling this at a fair price would be quite hard as it would be less profitable. Another reason why meeting the objectives of all stakeholders may be desirable but less profitable is that stakeholders such as employees may want higher wages/higher salaries, however, this may motivate them to sell more but the company could
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They will also need to consider the whole population. Changes in the population will change the demand for the businesses products therefore, the business to be aware of how many customers they will have to target and where they are located. Next is legal. It is very important that a business operates within the law as if they don?t, it can lead to serious consequences. There is the civil law. This is the relationship between two parties (for instance, the employer and employee). Civil law can be administered in a number of ways, by European Union which deals with issues in the UK.
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? Could this be regarded as a fair reflection of the personality of this organization? If there is a strong corporate culture employees can soon come to sense the particular culture of the business, and adopt it in the way they work, the way they re- late to management and colleagues and in the way that they deal with customers. This adoption of the firms culture ensures the culture is passed on as new workers are recruited. Types of Culture There is no best or worst type of culture, any business that has been around long enough to have a recognisable culture, must be successful just to have survived.
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