MGMT 1000 Stakeholders Exercise
YOUR TASK:
• Read the NewMindsets resource - “Adopt the perspectives of key stakeholders” – on the ClevrU platform.
• Complete the following questions.
Important Note: the focus of the exercise is idea you have for starting a new business – do not use the “health food store” idea in the NMS example! Find a creative idea for a business YOU want to start, and then see what creative ideas you can learn by doing the stakeholder exercise.
• Post the completed work on Moodle by 10pm Sep 22nd.
Note: This is a pass/fail assignment. You must submit it on time to pass and get feedback. I will review each assignment and give some general feedback along with a possible grading had the assignment been graded using the
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See the “tips” on NMS for support …
The five key stakeholders are:
• Consumers/ Individuals
• Investors and Shareholders
• Private Corporations and Professional Firms
• Employees
• Competitors
STAKEHOLDER ANALYSIS:
Stakeholder #1:_Consumers/Individuals____________________________________________
Complete the following questions. Be sure to see NMS for “tips”
How does this stakeholder see you? • They will see me as a professional who is willing to help them improve their image in their workplace, school or wherever they may be working
How does this stakeholder think about you? • They think that I am grasping for straws as I am trying to raise awareness for my business nevertheless they also think that I am knowledgeable of what I am doing
How does this stakeholder act and react to you? • They act eager to read my blog or website. They will also be eager to help in raising awareness for my business
What can you learn from these insights? • From these insights, I can learn that the consumers/ individuals are willing to help and they also want to make a good first impression.
How will it change what you do in relation to the topic or focus that you have selected for this exercise? • As a result, this will make me rely on them more. This is because due to the relationships I would have established with them, I am able to count on them
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
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.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Your essays will be graded on content to include grammar and spelling. Each case should take 1-2 pages including diagrams. The essay answers for both #2 and #3 should be 500 to 700 words each, in order to completely answer the questions. Please submit as one document.
Write a 1,050 to 1,400 word paper addressing each of the six questions at the end of this assignment.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
The two parts in this assignment will contribute equally to your grade and will be evaluated separately.
Answer the questions below. When you are finished, submit this assignment to your teacher by the due date for full credit.
Directions: Answer each question in a paragraph—be sure to give specific details and examples. Remember that each of these questions has multiple parts to it. You must type your responses out and hand it to me by the end of our class period.
Each stakeholder has a different criterion of responsiveness, because they have a different interest in the organization. Most organizations are similarly influenced by a variety of stakeholder groups. Investors, shareholders, employees, customers and suppliers are considered primary stakeholders, without whom the organization cannot survive. Other important stakeholders are the community, which have become increasing important in recent year.
Stakeholder is anyone with an interest in a business. Stakeholder can be individuals, groups or even organisations that are affected by the activity of the business, they include:
This will be submitted to turnitin.com- a digital version of this handout can be found on homework portal
This assignment has a maximum total of 100 marks and is worth 10% of your total grade for this course. You should complete it after completing your course work for Units 1 through 5. Answer each question clearly and concisely.
General Instructions: This is an optional group OR individual assignment. You have an option to do this assignment on your own or become part of the group. If you want to be in a group, go ahead and email me. If
Hi Tom below are the necessary informations about the project work. This is the part 1 due for monday.