Identification of Stakeholders their Interests and Concerns (Coursework Sample)
stakeholders of an organization is identified and explained. their interests and concerns and discussed using different headings and sub headings. an example of honda motor company is elaborated. company stakeholders along with interests and concerns are fully explained which fulfills the demand of the question.
source..Question:
Choose any organization and identify potential stakeholders of this organization. Then indicate what interests or concerns these stakeholders might have?
Answer:
Name of organization:
Honda Motor company
Stakeholders:
1 Customers:
Customers are some of the largest stakeholders of a business because they are directly impacted by the quality and availability of a company's products or services. If customers are unhappy with a company's offerings, or their general customer service abilities, it can directly affect sales. Every business, whether they operate as business-to-business or business-to-consumer, has customers that they must work on meeting expectations for.
2 Employees:
Employees are stakeholders in the company because they rely on sound business decisions, it’s also important to remember that top executives of the company are also stakeholders.
3 Investors:
Another stakeholder are investors. Investors are especially interested in a business because their investment relies on the company's success. Investors are hoping for financial returns on their investments.
4 Community:
A community is a stakeholder on its own because a company's actions can improve the local community it operates within.
Interests:
1 Customer interests:
1 Quality innovative products:
The new product demands new dimensions". The quality innovation can be studied within an existing space of qualities or features. Quality innovation, according to this concept, is about improving quality and performance within current constraints.
2 Affordable products:
Affordability or within the budget is the main feature that most people can afford it. An affordable product or service is that which is in the access or budget of most people. In this context, the word “budget” means how much money someone has available to put aside to purchase something.
2 Employees interests:
1 Career development:
Career development is the process of choosing a career, improving your skills, and advancing along a career path. It's a lifelong process of learning and decision-making that brings you closer to your ideal job, skillset, and lifestyle.
2 Equal treatment:
The principle of equal treatment establishes that all people – and in the context of the workplace, all workers – have the right to receive the same treatment and not to be discriminated against based on criteria such as age, disability, nationality, race, and religion.
3 Good wages:
Workers should be paid according to their merit. And system should be fair to both employer and employees.
4 Opportunities:
Opportunities should be given
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