Chicken Run

In this task I will be describing eight different stakeholders which are; customers, employees, suppliers, owners, trade unions, employer associations, local and national communities and the government. I will be stating what they are, who they are, why they useful, how they influence stake holders on organisation and why they are useful to business I have chosen which is Tesco and The British Heart Foundation.

The key stakeholders in a business include customers, suppliers, employees, local and national communities and governments.

This company is currently facing financial issues predominantly due to the fact that there is no real structure in the company for anything. For example, the CEO makes all decisions himself, though decisions are based on his current temperament at the time (Long, 2010, p. 512). When an employee wishes for a wage increase he does more often then not grant it, however rather than conducting an employee evaluation his decision is based on his mood, and/or how wells he knows the employee and their family circumstances (Long, 2010, p. 512) As a result, this has lead to pay inequity as all employees receive a different wage regardless of whether or not they perform the same job, have different credentials, and/or experience; furthermore this company is highly lacking distributive justice. Additionally, it also appears that there are no clearly defined roles within the company. For example, the firm has few supervisors, and because their roles are not clearly spelled out they often end up contradicting each other (Long, 2010, p. 512). Similarly, there is no system for scheduling production; thus these factors add to the company’s financial crisis, because there are no efficient processes in

Stakeholders have a significant influence on the aims of an organisation. They are the people who are affected by or interested in the business. In some organisations the shareholders are stakeholders, and at times have some of the decision power. In trade organisations, customers are also considered stakeholders; therefore their needs are part of the organisation’s overall objectives.

Before we can identify the needs of customers and stakeholders, it is important that we can identify who our customers and stakeholders actually are.

1. Assess Interco’s financial performance. Why is the company a target of a hostile takeover attempt?

The company, though severely devalued by investors cutting their stakes, is still worth roughly $2 billion, and there is still potential to be salvaged. The plan to fix the company must involve firing a significant amount of employees, organizing a database with information on the employees and the licenses they have, the institution of a compliance committee, and coming up with significantly more accurate projections for the company to

This report will be taking a look at internal and external factors the company positively and negatively. The report will include what they do well and not so well? What issues are affecting the company at present and in the future?

1. Assess Interco's financial performance. Why is the company a target of a hostile takeover attempt?

From your analysis of research materials, examine the company and provide a report on the short and long range financial problems that are evident from the review. If you find no short or long range financial problems, provide the evidence to justify this conclusion.

Stakeholders are people or groups with interest in an organization that can affect or be affected by the organization itself, its objectives, or its policies (BusinessDictionary, 2015). Each stakeholder brings their own perspective to the table based on their relationship with the organization (e.g. internal or external role), their level of experience, and their area of expertise about the subject matter they are involved with. At a high level, the list of stakeholders for any organization could include people or groups such as: customers, employees, government agencies, suppliers, unions, community resources, shareholders, and business owners. For the purpose of this assignment, I will discuss and review stakeholders relative to the

Prepare a case study of a firm/country which has suffered some large financial losses or went bankrupt due to Governance and Regulatory mistakes or failures. Discuss lessons learnt and the mistakes to avoid.

Stakeholders are people who directly or indirectly affect a company’s ability to operate. In this case, employees, suppliers, customers, NGOs are stakeholders in the success of IKEA‘s operations. Without the stakeholders IKEA will not be able to function. Their part in the process is critical to the foundation and logic of the operation of IKEA’s global needs. The operation of a business take all the stakeholders working together to make it a success. Their actions could have a huge influence on the different segments of the IKEA.

BM 111 2A NURUL SYAFIQAH BT MOHD KAMAR ARPIN NUR AMIRAH BT ABDUL GHAFAR MUHAMMAD HAFIZH BIN ROSLI NUR ALIAH ASYIKIN BT MD YUSUF FARHA AZEERA BT ZULKIFLI NURUL „ATIFAH 2011274054 2011435054 2011889674

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