Different Stakeholders Influence The Purpose Of Two Contrasting Businesses

1373 Words Oct 7th, 2015 null Page
P2: Describe the different stakeholders who influence the purpose of two contrasting businesses.

M1: Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations.

In this document, I am going to continue my comparison on the two companies I have chosen. I am going to describe each of the different types of stakeholders and I will write a brief paragraph stating the differences between internal and external stakeholders.

What is a stakeholder?
A stakeholder is someone with an interest in the business. There are two different types of stakeholders, internal and external. Some examples of stakeholders are:
• The Community
• Employees/Workers
• Owner(s) of the business

There are 4 categories of stakeholders which are:

• Primary Stakeholders: People or groups that have a direct interest into the company.

• Secondary Stakeholders: People or groups that have an indirect interest into the company.

• Internal Stakeholders: People or groups that work within a business.

• External Stakeholders: Individuals or groups that are affected by the consequences and outcomes of the choices the business makes.

Stakeholders at Woking College Stakeholders at Sainsbury’s
• Headteacher
• Teachers
• Staff
• Students
• Parents
• Community
• Government
• Banks
• Suppliers
• Exam boards • Owners
• Managers
• Employees
• Customers
• Governments
• Banks
• Suppliers
• Trade unions

How do stakeholders influence…

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