Essay
The Business Environment - P2
- Course
- Institution
P2 - describe the different stakeholders who influence the purpose of two contrasting businesses
[Show more]
1 review
By: marineladumitrescu1984 • 6 year ago
Seller
FollowMedeea
Reviews received
Content preview
Stakeholder STARBUCKS OXFAMs
Customers I think customers have the most OXFAM customers are
influence on Starbucks aims and represented by their donators.
objectives as an internal stakeholder. They influence the company
They influence the company’s aims through their donations,
and objectives by buying their whatever they are clothes, goods
products and helping those making or money.
profits. For example, if a company
Starbucks can be seriously damaged decides to make a big donation
on the aims and objectives through for poor families through OXFAM,
word of mouth. For example, if any then the company will become
customer is not satisfied about more known, and they will be
Starbucks products or services, they able to achieve their aims and
will keep telling to others about those objectives because they will help
problems. In this way, customers will further many families offering
be less and less, and their aims and them a place to leave, or
objectives won’t be achieved. whatever they are in need for.
Suppliers The suppliers for Starbucks are those
companies who sell them raw
materials, like coffee beans,
sandwiches and snacks.
Starbucks must be sure that they pay
their suppliers on time and make
long-term contracts with them,
otherwise they can influence the
company by letting it down and
damaging its name.
Starbucks needs to have secure and
reliable suppliers and also they must
have a good relation with them in
order to make their business working.
Their suppliers can influence the
company through their quality and
their prices.
For example, if any of the Starbucks
suppliers decide to raise their prices,
then Starbucks will do the same. This
means that the prices will be higher
and the customers may don’t want to
buy anymore products. This will lead
to lower profits and damaging the
company.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Medeea. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.51. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
52355 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now