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P1: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$10.85
P1: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
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Course
Unit 1 - The Business Environment
Institution
PEARSON (PEARSON)
P1: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
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
Written for
BTEC
PEARSON (PEARSON)
Business 2010 QCF
Unit 1 - The Business Environment
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Who are the different stakeholders in the business? Who are the different stakeholders in the
Roughly 763,000 shareholders. business?
Suppliers from 150 countries and they spend Customers
around 13.7 billion. Investors
Pension scheme which has 300,000 members. Council
HM Government Government
Regulators
- Overseas
- European Union (EU)
Environment
- Climate change
- Carbon reduction
Why are each of the stakeholders interested in the Why are each of the stakeholders
business? interested in the business?
Shareholders are interested in the Customers are interested in the
business because they want to buy shares business because they want to
and from that they can see how much the donate items or money to show
company progresses and how much that they are supporting the
they’re shares are worth after a certain charity and doing this all for a
amount of time. Shareholders are also good cause.
responsible for reporting quarterly, Investors might be interested
interim and full year results. They also do because charities are usually
site visits and presentations. basing their income off the
Suppliers are interested in the business community so they might need a
because they provide products and little boost on cash to help run
services that help them execute a the warehouses and shops to
strategy. carry on earning money.
Pension schemes are fair, flexible and The council would be interested
affordable for all members. This means all because they can show off that
members have flexibility of the pension they are supporting the charity.
scheme. They do this by fundraising and
The HM Government works with BT to promoting themselves that they
look after UK political relationships. They are doing this for a good cause.
are responsible for Westminster
(politicians and policy advisers) ad
Whitehall (the Government, including
civil servants) on all issues of policy.
P2: describe the different stakeholders who influence the purpose
of two contrasting businesses
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