Staples and Its Stakeholder Approach

This report investigates the different stakeholders involved in influencing the purpose of Britain’s largest retailer Tesco Plc, this will then be compared to Bonzers Farm, which is a successful local business providing fresh produce. In this report we will get to distinguish key stakeholders in both businesses, and their relevance and the part which the play within that business. I will then conclude my report by discussing conflicts of interest and the interdependencies with those stakeholders.

The stakeholders include other employees, end customers, vendors, investors, and the community. Relationships built upon these individuals feed the understanding of the company’s changing needs. Best Buy promotes and open source technique that allows the employees to determine what works best based from first-hand experience.

The main source of data presented in this paper is the official website of Marks and Spencer. The details of links are provided at the end of this paper under the title of References.

A stakeholder is a person or a group of individual who are interested in the success of a business in delivering successful results and maintaining the activity of the businesses products and services. There are internal and external stakeholders in every company. An internal stakeholder is someone who is internally connected to the business that have personal interests which they may follow. An external stakeholder can be a person or a group of people such as investors, customers, suppliers, people who are predisposed by the business but are not fully in the business.

Although times have changed since Lowe's first opened its doors in 1946, Lowe's values have not: the company remains committed to offering quality home improvement products at the lowest prices, while delivering superior customer service. Lowe's utilizes both strategic and financial planning in order to further their business and to stay in the competition with other home improvements stores for many years. Using strategic planning, the company has been able to make changes that allowed saving money and improving customers' experience. As diligent as Lowe's has been over the years, Lowe's reported a slight decrease in its sales and its earnings in its 2008 annual report. For 2009, the company plans to increase its revenues by using a

A main component of any company are stakeholders. A stakeholder is a person, group, or organization that has an involvement or interest in a company. Stakeholders can affect a company’s actions as well as be affected by them. There are several key stakeholders in Comcast who play a large role in how the company is ran. These include managers and employees, government agencies and unions, and finally the shareholders.

Wells Fargo is one of the well-recognized banks in the United States with over 8,000 banks. Last year Wells Fargo paid millions of dollars in fines for opening around 1.5 million bank accounts and applied for around 560,000 credit cards without customers’ consent. Due to this unethical and illegal event, numerous stakeholders were affected. In the article, The Wal-Mart Effect and Business, Ethics, and Society by R. Edward Friedman, Friedman states that stakeholder is anyone who can be affected by the business or can affect the business (Friedman 38). A great deal stakeholders were affected by the Wells Fargo crisis including Board of Directors, stockholders, employees, and the customers. Each stakeholder has different interests,

c. How could the transaction be structured a different way to get a better result for

A stakeholder are anyone with an interest in the actions of the business. Apple is a business that has both internal and external stakeholders. These stakeholders are really important within the business as they help to keep the business running and also help the Apple to be successful overall. The best way in which Apple can have really good relationships with their stakeholders is by communicating effectively. There are many ways in which Apple as a business can dothis. Onemethodis the way they approach their stakeholders. This is important because if they (the company) approach their stakeholders in a positive way then they will get a positive outcome.

Pinnacle Professional College became a public company in the 1990s before the dot.com bust. At the time, the college offered primarily technology and information management classes and certifications. Many of the students at Pinnacle were interested in fast-track technology classes that would fill perceived gaps, the backfilling of which would often be enough to get them to the next level in a start-up. The students were, by and large, entrepreneurial and highly skilled in select technical areas. Interest in BA completion coursework was nonexistent, liberal arts were laughed at, traditional college coursework was scorned, and money dot.com money was king.

There are a number of government policies and reports that highlight the importance stakeholder engagement and critically service users. (DoH xxx). More significantly the Health and Social Care Act 2012 strengthens the voice of patients by placing a statutory duty on NHS organisations to engage service users. The NHS Constitution (2015), provides patients with the right to be involved in decisions about their care and in the planning of services.

Stakeholders could be anyone who has an interest in an organization. Stakeholders can also be group of people who will be directly or indirectly affected by the establishment of the new grocery stores.

To produce a set of recommendations in a written document about how McDonalds PLC, can reduce its carbon footprint through the management of key stakeholder relationships.

Common goals and potential synergy between an organisation and a stakeholder is identified by understanding the needs and interests of an organisation and the stakeholder and establishing goals that can be long or short term that will be able to meet the needs and expectations of the stakeholders. You can establish these goals by communicating and negotiating with the stakeholders. By communicating you will also be able to understand what the capabilities of the stakeholder are with resources and finances.

They are nascent in the pure cloud ITaaS domain, and have a lot of catching up. However, they are strongly networking to remain strong in DaaS domain.