Typical stakeholders in a organisation might include Customers: customers ask apprize for money which involves providing the highest quality products at competitive prices. Employees: Their stake is that the confederacy provides them with am livelihood. They compliments security of employments, good order of reward and also promotional opportunities. Suppliers: They want to feel set by the company and want frequent orders with prompt impartments. Owners: In a company it would be the shareholders. Owners are often notion to be the most heavy stakeholders because they have set up the business and give a lot of time into the company to make it successful. Owners like to see their share of profit increasing, and the value of their business rising. Trade Unions: This is for groups of employees who seek to secure higher takings and better working conditions for their members. Employer associations: This is the same as trade unions further for the employers, representing the interests of employers in specific industries. Local and National Communities: The actions of business behind have a dramatic effect on communities. E.g. The petroleum Giant Shell has built vast pipelines in Nigeria, which runs through with(predicate) the lands of various tribal peoples. The pipelines can be very redoubted and causes local pollution.
Community leaders therefore represent important interest groups Governments: The government wants businesses to become successful, to create jobs and to pay taxes. They want to see good businesses that take a full office on looking after the welfare of society. Influence of stakeholders on organisations A business needs to take account of the interests of each(prenominal) its stakeholder groupings. These interests are linked together. For example if Richard Branson decides to run his virgin trains utilise greener fuels, this means that the cost of journeys on Virgin trains increases. This may be a bad thing because: Customers may have to pay higher... If you want to get a full essay, order it on our website: Ordercustompaper.com
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