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English of the English Fred

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Task 1

It is crucial to understand who has an interest in each business. In a report describe who the different stakeholders are and what influence they have on each business. Examples of stakeholders are:- ● Customers
● Employees
● The local community
● The government
● Trade unions

For both organisations, from each stakeholder’s perspective, explain how and why each is attempting to influence the strategic aims and objectives of the organisations. ● Elaborate on the points of view of the various stakeholder groups
● What are they trying to achieve from influencing the organisations?
● What impact have they had in shaping the aims and objectives of the organisations? Finally, pick one organisation and evaluate the influence different stakeholders have. Think about the following points. ● Provide an in depth evaluation of the influence stakeholder have
● Which stakeholders have the greatest influence?
● Identify any changes the business has made as a direct result of the actions of various stakeholder groups
● Do some of the stakeholders work together? What common interests do they have? What opposing interests do they have? How are these differences resolved?

Evidence you must produce for this task
❏ Report

Criteria covered by this task:
To achieve the criteria you must show that you are able to: Unit Criterion reference
Describe the different stakeholders who influence the purpose of two contrasting businesses. 1 P2
Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations 1 M1
Evaluate the influence different stakeholders exert in one organisations 1 D1

Sources of information Textbooks Bevan J, Dransfield R, Coupland-Smith H, Goymer J and Richards C – BTEC Level 3 National Business

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