Unit 1 M1- How stake holders affect your chosen organisation

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In this report I will be investigating how Cadbury keep their stakeholders happy and meet the needs of their stakeholders. Stakeholders are people who have an interest in the decisions that businesses make. The stakeholders that I will be investigating are customers, workers, trade unions, suppliers, shareholders, government, and pressure groups.  

Customers:

Cadbury’s customers want high quality confectionery products. They want these products to be of high quality as they are spending their money on the products. Customers want the money they spend on purchasing these products to be worth it and that the quality they receive from the amount they have paid to be of a high standard.

Cadbury respond to this need by making sure to produce high quality confectionery products which can be easily purchased in many stores. Cadbury’s business objective of ‘Sustainability’ is influenced by the customer stakeholder. This is because part of this objective is ‘to prioritise quality and safety’ this means to make sure that the chocolate in safe to eat and is of high quality.

Workers

Cadbury’s workers want regular work and pay, Good wages for the work and hours they do, and to be treated equally and fairly to other workers. They want this because they are working for the organisation and anybody working deserves these rights. When workers feel that they are not receiving what they want they can take action. An example of this is in 2007 Cadbury announced that they were going to close one of their factories cause about 500 jobs to be lost. This would obviously affect the workers as they would lose their job and their right to regular work and pay would be taken away from them. Due to Cadbury’s choice, over 100 workers from the factory joint up with trade unions to protest on this injustice.  

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Cadbury respond to their workers needs by abiding by the laws of the ‘Employment Laws Act’. Part of Cadbury’s business objective of ‘Sustainability’ is influenced by the stakeholder group of workers as they state one of their commitments is ‘Nurturing and Rewarding colleagues’. This means that they are committed to helping their workers grow within the organisation and that they will be rewarding them for the good work they do as well as giving them their regular wages.

Trade Unions

Trade Unions represent the interests of the employees who work for Cadbury. They want the employees to have ...

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*** A fairly comprehensive description but lacking in serious analysis and discussion. The writer has attempted to apply the information to Cadbury throughout which is good. It lacks in critical analysis. The writer could analyse the conflicts between the different stakeholder groups.