Stake holders report

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Ehsaan Mahmood

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Stakeholder Report

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Stakeholder report

A stakeholder is a person or a group of people that affect or are affected by a business or organisation either from inside or outside the organisation. Stakeholders can affect a business or organisation internally or externally, this means that stakeholders can be from inside the business or organisation or they could be from outside the business or organisation, for example, at out school; teachers, students and the student council will be internal stakeholders whereas parents, governors and the local community will be external stakeholders this is because they are affected by and affect the organisation from outside the organisation.

An example of stakeholders at my school is students because they affect what happens in the school for example what the school teach and they are also affected by the school, this is an internal stakeholder. Another example may be the exam board; this is because they affect what the school teach and what students have to do to qualify for GCSE grades.

Stakeholders at school may include:

I will now explain stakeholders at Chester Zoo.

Some examples of stakeholders at Chester Zoo are: charities such as the RSPCA and the WSPA, other Zoos, the government, local residents and banks.

Customers

Customers are an important stakeholder because if there were no customers there will be no Zoo, this is because the Zoo will not have any money and will be unable to carry out its main aims such as conservation.

Customers may also provide more money for the Zoo by visiting souvenir shops and by buying refreshments at the Zoo, this is known as the second spend, this is because it is something that customers have to spend apart from the entry fee.

However if Chester Zoo increase their entry fee they may lose customers because some people may not have the money to visit the Zoo.

Also it is easier to keep an existing customer than to attract new customers, so Chester Zoo should concentrate on keeping existing customers rather than trying to gain new ones. They may do this by providing special offers to existing customers to persuade them to visit again.

Customers are also an important source of advertising because if a customer has a good experience at Chester Zoo they will recommend it to friends and family therefore attracting more customers to the Zoo. This is the cheapest form of advertising as it does not cost the Zoo anything.  Also if a customer enjoyed their visit they may have a repeat visit to the Zoo, however if they do not enjoy it they will not visit again. Or they may wish to complain. This will affect the Zoo because it will tell the Zoo what they can do to improve the Zoo in order to attract more customers. However if customers complain, they may not visit the Zoo again and may visit Chester Zoos competitors. This will affect the Zoo because they will be loosing customers. Where as their competitors will be gaining customers.

By doing market research the Zoo will know what the customers want and the ways in which to keep attracting new customers. The Zoo is affected by this because the Zoo will have to change or alter itself to attract more customers and to provide customers to come on a repeat visit.

Customers are also stakeholders in the Zoo because they wish to visit the Zoo for enlightened leisure; therefore the Zoo is affecting them, so if the Zoo does not provide good services to their customers, the customer will see it as a waste of time because they did not enjoy themselves. Also by people visiting the Zoo they are providing funding for conservation work, so if the Zoo needs to do more conservation work they would need to increase the amount that they charge customers to enter the Zoo. Also if the Zoo does not pay attention to conservation work customers may feel that their money is going to waste because the Zoo does not care about the animals.

Employees

Employees are a stake holder in Chester Zoo because they may effect what happens at the Zoo and they are also affected by what happens at the Zoo. Employment affects the Zoo because the Zoo provides employees with money/wages so they control how much the employees can get paid. Also the Zoo cannot function without employees. This is because if there are no employees there will be no one to work at the Zoo and no one to do the jobs that need to be done.

Furthermore employees may request a pay rise, this will affect the Zoo because as the Zoo is a charity and most its funding comes from customers, the Zoo may have to increase the prices and therefore less people will be able to visit the Zoo, because they may be unable to afford it. In addition if the Zoo gives employees a pay rise the Zoo’s profit will decrease and therefore may not be able to achieve its aims.

Employees may also influence decisions that are made at Chester Zoo, this is because if they have ideas to improve the Zoo, they can contribute their opinions and can then help to improve the Zoo. They can also lead do the Zoo making decisions at the Zoo, for example if an employee was to get injured and was to clam the Zoo would look into improving health and safety.

 

Employees working standards and quality of work are also very important because if employees’ working standards and quality of work drop, it will create a negative image about the Zoo. For example if a Zoo keeper was to drop their standards of work, the animals will not be well kept; this will discourage people to visit the Zoo which will lead to the Zoo losing profit.

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Employees may also help and deal with customers; if visitors are approached in a good manner it will create a positive image for the customers whereas if they are approached negatively visitors may not visit again or may complain, this will lose customers for the Zoo.

Attendance and punctuality are also very important as if employees at the Zoo do not have good attendance and punctuality, the animal’s health may deteriorate, because the Zoo will not be able to meet the animals needs. For example some animals may get attached to certain Zoo keepers and if that ...

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