Business: Management and Different Stakeholders

Category: Business Management, Stakeholders

Last Updated: 23 Mar 2023

Pages: 2 Views: 80

You have been asked to produce an article on two contrasting businesses covering purpose, ownership, organisational structure, trategic planning and how businesses interact with their environments. Task 1 (Pl ,P3, P4) submtsston date: w,'C 7/10/13 Business organisations exist for many different purposes and have a range of aims and objectives. Privately owned businesses usually aim to make a profit for the owner(s); publicly owned organisations work to deliver services and there are many businesses employ staff and use other resources and are important to the economy ofa region.

As part of your duties you and three colleagues have been asked to produce a presentation to local Chamber of Commerce. You and your team members have been asked to research and compare one Public Sector Organisation and one Private Sector Organisation and produce a short PowerPoint presentation of the above of no more 10 minutes duration and of 8 to 12 slides. Covering the following areas: a) (Pl) Describe the type of business (what does the business/organisation do? b) (Pl) Describe the purpose and ownership (including liability for any business debts) of each business. c) (P3) Describe how two businesses are organised d) (P4) Explain how their style of organisation helps them to fulfil their purpose. note you will need to hand in a copy of the powerpoint and notes at the end of the presentation and answer questions from your tutor) Task 2 (p2) Submission date: wc 11/11/13 All organisations have groups or individuals who are said to be stakeholders in the business.

This means that they have an interest in the actions, performance or plans of the business. For example, a decision to move location affects staff, suppliers, neighbours and customers, all of whom are stakeholders. Produce an article for the paper covering the following: a) (P2) Describe the different stakeholders of each of he selected contrasting organisations. b) (P2) Describe how each one influences the purpose of each of the organisations. ) (MI) Explain the points of view of different stakeholders seeking to influence the aims and objectives of these two contrasting organisations. d) (Dl) Evaluate the influence different stakeholders exert in one of your chosen businesses.

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