1.2 Describe the extent to which an organization meets the objectives of different stakeholders.
An organization is not mere an organization, rather it is a combined effort of different stakeholders. Therefore, it is the crucial requirement of every organization to meet the objectives of these stakeholders so that a strong position in the market place can be maintained by the organization. But as different individuals have different perceptions and nature, their purposes and objectives are also different. In case of Armani, the major stakeholders are its Investors, Employees, Lenders, Suppliers, Customers and Public. And Armani tries their most to fulfill their distinct objectives through the following way-
1. Investors
The first prime stakeholder of Armani is their investors. Investors are those who invest their money in the organization. Investors need Armani to provide relevant data and information so that they can evaluate it and therefore determine whether to invest more, whether to sale or whether to hold their investment in the company.
2. Employees
The second stakeholder group of Armani is their employees. Employees are the people who work for the organization. At present, Armani has around 5000 direct employees. Employees usually are the most crucial part of Armani. Employees need Armani to provide organizational information so that they can evaluate the profitability and stability of the organization as this information are the basic fact on which employee