Seminar 2 Essay example

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.

Traditionally, nutrition programs were targeted to the indigent and poor populations in developing countries. Many of today's Americans are malnourished also, but they are inundated with unhealthy foods and require a multidisciplinary approach to nutrition education. What would be the three most important points to include in a public nutrition program? Provide current literature to support your answer and include two nutritional education community resources.

The first stakeholder I am going to evaluate is customers which are external stakeholders. Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons, customers do not want to have to spend an excessive amount of money to purchase a product, so if the product is cheaper in one store, such as Tesco, than in another store then customers will buy the cheaper one which then attracts more customers.

Daft (2012) defines stakeholders as “any group within or outside the organization that has a stake in the organizations performance.” Stakeholders within the organization include the owners, managers and employees while external stakeholders includes the organizations customers, suppliers, community, workers unions, creditors as well as the government. Due the variety as well as different nature of the stakeholders, each stakeholder has a different expectation from the organization as concerns their stake. It is from this characteristic and expectation that each stakeholder will be affected differently by actions and decisions as well as policies and practices implemented by the business from those of another stakeholder (Carroll & Buchholtz, 2014). This also means that the different stakeholders will act or make decisions that affect the business in a way best situated for them. Carroll & Buchholtz (2014) discuss the relationship between the business and stakeholders as one that has a two-way interaction; businesses will affect stakeholders as well as stakeholders affect the business, that is an interchange of influence. The complexity of the stakeholder-business relationship calls for

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

The worst results in Tesco’s history have been announced with the pre-tax reduction of £6.4bn for the year to the end of February of 2015, which will absolutely impact on the key stakeholders of Tesco’s Plc. Pre-tax is the total amount paid for a good or service before taxes are taken out, which can be a major factor in purchasing a product or service. (BusinessDictionary n.d.) Stakeholder are individuals or organisations that are affected by and affect the changes of a business. (Surridge and Gillespie, 2009:15) The purpose of this essay is to explain and analyse how the pre-tax loss will impact key stakeholders of Tesco’s Plc. First, it will give explanation of stakeholder theory. Secondly, it will explain plc as a legal structure and

There is a frequent change of leadership in the company making the club to be disunited. Nonetheless, this will affect the sale of merchandise. Lastly, the club is lacking enough finances for financing academies and junior football, so that they can train the best footballers to ensure smooth succession in the future.

On 23rd June 2016, there will be an important referendum for the UK and its economy to resolve whether the UK leaves the EU or not. The decision that will be made by the British citizens will effect on a lot of sectors in many ways. However, it is expected that especially sports industry which has been globally developing nowadays will be the most influenced on by that decision. The purpose of the report is to identify what are the advantages and disadvantages for sport-related organisations caused by the case of the UK leaving the EU. In this report, it will be focusing on Manchester City Football Club, and discussing what are the main merits and demerits for one of the most globally-oriented football clubs as a result of

Below is our sample essay question, which is designed to be as close as possible to an essay question that might appear on the SAT. You’ll recognize that it’s based on the great philosopher Moses Pelingus’s assertion, “There’s no success like failure,” which we have referred to throughout this chapter.

The English Premier League (EPL) is the fourth most lucrative sporting league in the world, behind America’s NFL, NBA and Major League Baseball. It is a corporation owned by the 20 participating football clubs and currently has revenues of £1.8billion a year and television rights deals worth over £2.7 billion. It is already one of the UK’s most successful and recognisable international brands. The EPL’s top four clubs, Manchester United, Chelsea, Liverpool and Arsenal are global brands in themselves, occupying four of the top eight of Deloitte’s football money league places and commanding combined revenues of £714.1 million last year. (Deloitte Sports Business Group,

According to Edward Freeman, stakeholders are anyone that has a stake or claim on the firm, including suppliers, customers, employees, stockholders, the local community, and management. Every corporation has stakeholders, and they are the individuals or groups of people who are benefited or harmed as a result of the operations of a company. Stakeholders are also crucial for the survival and success of a firm. In addition, a corporations competitors can also be viewed as a stakeholder, because they may have a potential claim on the firm. A corporations competitors are only considered stakeholders in the wide definition of a stakeholder in Freeman’s theory, while all the other stakeholders are included in the narrow definition (2014, pp. 263-267).

The total size of European football market is up to €15.7 billion in 2008/2009. It is proven that football industry stay strong under the pessimistic economic environment. In Europe, England’s Barclays Premier League, Spain’s La Liga, Germany’s Bundesliga, Italy’s Serie A and France’s Ligue 1 are recognized as “The 5” by organizations and supporters worldwide.

Investors, Suppliers and community groups are seen, to be kept informed but have little if no power (segment B). Investors in particular want to know if their investment will produce a return, so at times they are not interested in using power or having much interest. Suppliers have little power as the team have a strong demand from others wanting to supply their needs. Just by them being linked to Manchester United makes them more

In this case study we were given the opportunity to evaluate Tottenham Hotspur’s plans for a new stadium and a new striker. The Chairman of Tottenham, Daniel Levy has focused on three pillars that he believes could sustain long-term success for Spurs. Levy states, “If you sign older players at huge salaries but don’t get the immediate football success you dreamed of, you cripple yourself” (p.2). The pillars are: the development of a new stadium, the building of a new training facility, and the continual improvement of the club through prudent player acquisitions during the various transfer windows. Adhering to these pillars would allow for continued success in both domestic and European football, as well as the development of the company’s assets. Ultimately, this would allow for the club to build their brand, which in turn will lead to greater revenues being streamed in.

The UEFA Champions League is a European football tournament that is held every year across Europe. With over 300 million television viewers, the league’s final is the most watched annual sporting event worldwide. For an event of this magnitude, the stakes for everyone involved are very high (appendix 1). This essay includes a short description of the tournament along with an overview of the stakeholders, followed by an analysis of one of the sponsors, Heineken.