ipl-logo

Who Are Asda's External Stakeholders?

1000 Words4 Pages

They have an interest in the business because it is making them money but can also cost them all of it.
Managers: Business managers oversee and supervise a company's activities and employees. ASDA relies on managers at each store to oversee operations because there are too many jobs challenges and tasks that need doing at once for the owners to manage them. If managers are poor the stores will not run well and will affect earnings and productivity.
Employees: Employees influence the business by doing the tasks set by managers. They have an interest in the business because the company pay them. The better and more productive ASDA’s employees are the more gets done and the more money the company makes.
Who are ASDA’s external stakeholders?
Suppliers: ASDA are supplied by many small retailers and farmers. Anyone can apply to supply ASDA online making It easy for ASDA to get the best deal on the products they sell making profit …show more content…

Suppliers: Wateraid are supplied with products like pumps and digging equipment. They use these to dig wells and bring water and sanitation to deprived areas. The better the equipment they get, the better the result will be for the people they help.
Lenders: Wateraid don’t have lenders because they rely on donations. The people who donate the money to not ask for it back.
Competitors: Wateraid don’t have any competitors. This is because Companies in the same industry work together to help the same people to achieve the same things.
Creditors: If Wateraid buys equipment off a company they will owe them money and have to pay them back what they owe.
Customers: Water Aid’s customers are the people they help. Although they don’t buy anything off them or pay any money, they still receive products (water pumps, toilets etc.) and services.

1/A.M1 Assess the relationship and communication with stakeholders of two contrasting businesses using independent research

How ASDA communicates with its

Show More
Related
1579 Words | 7 Pages

The customer is most likely the most important stakeholder to keep with their business as without a customer, there is nothing being sold which ultimately means that there is no profit. The customers are trying to influence ASDA by using competition with other supermarkets to try and get there high quality food as low price as they can. The customers at OXFAM are the people in need of the aid. They would expect their needs to be addressed in a timely and effective manner. This links with the aims and objectives of OXFAM which are to “help people claim the right to a better life”.

Read More
1736 Words | 7 Pages

The employees are also stakeholders because they are interested in earning high wages and keeping their jobs. The employees are a large stakeholder in the business because without them the port wouldn't be able to function so the port has to keep their employees satisfied, a recent example of where the port didn't keep their employees happy is in 2013 the employees threatened of a strike because they wanted a large pay increase than the port was offering and because the employees have a large influence on the way the port operates, Hutchison Wampoa (the owners of the port) gave the employees a larger pay rise because without the employees the port would not be able to

Read More
53 Words | 1 Pages

Hi Jeri - Domestic and business customers certainly are priority stakeholders for a water utility company. In many cases, a single water utility company holds control of the local community, some, the whole city. Ultimately, the consumer 's have the power to demand, raise voice and vote. Enough to alter certain business practices.

Read More
2682 Words | 11 Pages

Task 6 Evaluate the influence different stakeholders exert in one organisation. In this task, I’ll be evaluating how the different stakeholders will influence Sainsbury’s. Within Sainsbury’s it has many stakeholder which includes customers, employees, shareholders, suppliers, competitors, governments, trade union and local and national communities. Also, from the list I’ve made above this lead me to ranking each stakeholders from 1 to 8 and their importance to the business.

Read More
983 Words | 4 Pages

It also helps Ooredoo Company to identify the changing trends in the market and even the preparation of business operators to the demands of the future (stakeholders-and-their-role-in-business-activities, 2016). Suppliers: Are one example of key stakeholder Ooredoo Company suppliers are peoples who sell products, raw materials or give a service to a business. Good relationships with this stakeholders group can help a company’s operations run smoothly. By working well with suppliers, businesses can encourage suppliers to list their stock, deliver services and product on time and be as efficient as possible. If suppliers have an interest in the company they supply well.

Read More
342 Words | 2 Pages

Smarta Water aim to provide exactly the range of water services that each individual business requires. We recognise that there are similarities between all businesses, however, we also recognise that a proactive and bespoke approach to water management ensures that we offer a complete range of services and benefits to our customers. Reducing water consumption through efficiency is one of our passions and in turn this reduces costs for you our customer as well as increasing and improving your company’s sustainability. Simply put, we create Smarta Solutions! Water & Waste Water No matter what your water needs, wants and requirements are, we are able to support and assist.

Read More
1646 Words | 7 Pages

American Water Works sell the perfect product: water. This utility company provides regulated and market-based drinking water, wastewater services and other related services to an estimated 15 million people in 47 states and in Ontario, Canada. The best part of it, AWK still has lots of room for growth as its market is highly fragmented in the U.S.: Source: AWK website Revenue & Earnings Revenue Graph from Ycharts The company

Read More
1244 Words | 5 Pages

“I have a great team working around me. Another great thing would be the great opportunities open to you here at Asda - there are opportunities to go to the USA to Wal-Mart amongst many other progression opportunities. At Asda, everyone is treated and respected for their individual qualities” – People service and MI assistant at Asda Suppliers: Supplier want continuous orders and all the suppliers are getting orders consistently because Asda have good sales. This is very important to suppliers. Making payment on time and having meeting with suppliers to keep updating them about the requirement as well as to build strong relationship with them.

Read More
489 Words | 2 Pages

The internal stakeholders are looking at quality and very important as they make the product and if this fails then the image of the company will be tarnished and sales will fall. These stakeholders have a vested interest in the company. If the project loses money then it might not be just money that the company will lose it might be there jobs too The external stakeholders come from different areas of society that have taken an interest in what the company produce and can see that an increase in exposure to the public will increase revenue and that there is a gap in the market for this product. They also must make sure the product is of the right quality and looking to making sure the company is profitable but just like the internal stakeholders if a stakeholder has put their entire collateral into the business it can affect them more.

Read More
803 Words | 4 Pages

There are both internal and external stakeholders that are both affected positively and negatively. These are the people that are keeping the company up and going and are always going to be affected in some way by the company’s decisions. The positive side of the internal stakeholders are they are able to contribute their strength and use their resources in capital, experience, relationships, physical assets and others to help their organizations and contribute to the society. This not only makes them feel empowered but also shows people that they care. The negative side of the internal stakeholders is that not everyone is able to be helped.

Read More
633 Words | 3 Pages

They are doing this in many ways by educating farmers, providing water to people, and even monitoring progress of nations in realizing the right to water and sanitation and to hold governments accountable. The United Nations are working hard to come up with resolutions to end water scarcity and to make it so women and girls can get the education they deserve instead of having to go in search of water. One of these is what's called the Life Straw. This is a water filtration source that makes it so you can drink directly from ground water. It removes 99.9999% of water born bacteria and doesn't take electricity to run.

Read More
2110 Words | 9 Pages

Because of these organizations, they take control the water and they limitedly distributed the water to the dwellers to the cities and the rural areas. While allocating the water to the people, they unequally shared with

Read More
755 Words | 4 Pages

Stakeholder analysis Stakeholder are entity that will affect the organization actions, objectives and policies. There are two types of stakeholder which is internal stakeholder and external stakeholder. The McDonald’s stakeholders are customers, suppliers, employees, managers, government, local communities and pressure groups. Customers Customers are the external stakeholders of the company, no customer mean zero profit.

Read More
730 Words | 3 Pages

Suppliers provide products and services in return for payment on time, repeat orders and respect but

Read More
963 Words | 4 Pages

3. Stakeholders: Definition:A person, group or organisation that has interest or concern in an organisation. Stakeholders can affect or be affected by the organisation 's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources. Not all stakeholders are equal.

Read More

More about Who Are Asda's External Stakeholders?

Related Topics

Open Document