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Stakeholder Analysis Of Nordstrom

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(P2.3) Stakeholders play an important role in an organization. This is an entity which can impact on the business strategy. These entities can be internal; managers and employee and external; government, suppliers, competitors, and customers. To assess the significance of the stakeholders towards the organization Nordstrom, Stakeholder analysis is needed to be applied where the power and influence level can be determined. In this stakeholder analysis there are four dimensions which can be related with Nordstrom in the following way:
 High power with low level of interest. The customers of Nordstrom can be categorized in this section where they have high power with less interest level. The customers are the main revenue carters of the business
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