Rahatur Rouf – Uni1
P2: Describe the difereet stakeholders who iefleece
the plrpose of two coetrastieg blsieesses
Difereet typpes of Sttakeholders
Ietereal Sttakeholders
Internal stakeholders are those that contribute internally for proft maximisatonn This is important
for a business as these stakeholders directly link with what the business does internally every dayn
Employees
Employees are one type of internal stakeholder as they work for the frm to maximise proftn
Whereas they stake on many thingsn For example, an employee will stake on what they get paidn If
they the pay isn’t good enough they can leave the frm and stake someplace elsen They also stake on
the training they get from the frm as they expect the frm to train them to do the job they want to
don They also stake in the security of the jobn For example, whilst working, the employee will want to
work in a place that is in a safe environment, or have been trained to work in a certain environmentn
Whilst working, over tme, the employee will want a promoton as they have done good work for the
frm for a long tmen If they don’t get a promoton over tme, they can leave and apply someplace
else that ofer the promotonn These are what an employee takes inn all of with are internaln
An employee is a stakeholder for Samsung and the Metropolitan Police as they are those that make
the daily processes of the business happenn They do manual work to help make the business proftn
Whereas there are some employees that only want to make a living and do not care about the
wellbeing of the businessn
For Samsung, employees are very crucial as without them the business can’t do welln So what the
business does is that they respond to the stakes that the employees make and create a reasonable
agreement where both employee and the business are happy to receive or given For example, the
business does not want to spend a lot of money, so will come to an agreement with the employee
saying, we will not go above this pay are you happy with it? The employee is happy and there’s no
problemn As employees want to be trained to be skilful, the business itself also want thisn They want
to train their employees so that they have the best-skilled worker part of their businessn This also
applies to the Metropolitan Police organisatonn The organisaton will need to respond to employee
stakesn
Managers
A manager is also an internal stakeholder and has many stakesn One stake they make is to make the
maximum amount of sales they make for the frm or storen Another stake they make is to make sure
that they are trained enough to be able to manage worker professional, as a good manager can
mean a beter chemistry between staf which can lead to beter workn Another stake they make is
that they want to make sure that they achieve the organisatonns objectvesn
Managers are a stakeholder for both Samsung and the Metropolitan Policen They are those that are
in charge of a department or store, they have to make sure that everything is running smoothlyn
For Samsung, managers are also importantn This is because they are in charge of a departmentn If
anything goes wrong it can afect the whole businessn This is why businesses train employees so that
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P2: Describe the difereet stakeholders who iefleece
the plrpose of two coetrastieg blsieesses
Difereet typpes of Sttakeholders
Ietereal Sttakeholders
Internal stakeholders are those that contribute internally for proft maximisatonn This is important
for a business as these stakeholders directly link with what the business does internally every dayn
Employees
Employees are one type of internal stakeholder as they work for the frm to maximise proftn
Whereas they stake on many thingsn For example, an employee will stake on what they get paidn If
they the pay isn’t good enough they can leave the frm and stake someplace elsen They also stake on
the training they get from the frm as they expect the frm to train them to do the job they want to
don They also stake in the security of the jobn For example, whilst working, the employee will want to
work in a place that is in a safe environment, or have been trained to work in a certain environmentn
Whilst working, over tme, the employee will want a promoton as they have done good work for the
frm for a long tmen If they don’t get a promoton over tme, they can leave and apply someplace
else that ofer the promotonn These are what an employee takes inn all of with are internaln
An employee is a stakeholder for Samsung and the Metropolitan Police as they are those that make
the daily processes of the business happenn They do manual work to help make the business proftn
Whereas there are some employees that only want to make a living and do not care about the
wellbeing of the businessn
For Samsung, employees are very crucial as without them the business can’t do welln So what the
business does is that they respond to the stakes that the employees make and create a reasonable
agreement where both employee and the business are happy to receive or given For example, the
business does not want to spend a lot of money, so will come to an agreement with the employee
saying, we will not go above this pay are you happy with it? The employee is happy and there’s no
problemn As employees want to be trained to be skilful, the business itself also want thisn They want
to train their employees so that they have the best-skilled worker part of their businessn This also
applies to the Metropolitan Police organisatonn The organisaton will need to respond to employee
stakesn
Managers
A manager is also an internal stakeholder and has many stakesn One stake they make is to make the
maximum amount of sales they make for the frm or storen Another stake they make is to make sure
that they are trained enough to be able to manage worker professional, as a good manager can
mean a beter chemistry between staf which can lead to beter workn Another stake they make is
that they want to make sure that they achieve the organisatonns objectvesn
Managers are a stakeholder for both Samsung and the Metropolitan Policen They are those that are
in charge of a department or store, they have to make sure that everything is running smoothlyn
For Samsung, managers are also importantn This is because they are in charge of a departmentn If
anything goes wrong it can afect the whole businessn This is why businesses train employees so that
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