B120 Stakeholders

2.4- Stakeholders of a care organization organization An organisation is separate into four categories from A to D home D stakeholders crap high gear world-beater and high occupy in the business organization Category C stakeholders get down high power further humble interest in the business Category B stakeholders have embarrassed power and high interests in the business and Category A stakeholders have low power and low interests in the business There is always a dominance for involvement between the interests of any and completely stakeholders in a business. The assertable conflicts include those between the following: Shareholders and Customers- Customers compliments high eccentric and low prices, while shareholders are more interested in minimising costs and maximising profits. In reality, however, these differences will be originally about timescales. In the long term, shareholders and customers are autarkic and thusly have a shared inte rest in honour for money.

Managers and Shareholders- Attitudes towards salary, perks and business risk are handlely to be different, but ultimately the interests of shareholders are dominant. They employ directors and managers, as agents, to grade the business on their behalf. Funding agencies and Service users- In national or voluntary services, there is typically a greater assume for services than the available funds can support, and choices have to be made to ration the services provided or via media on their quality. Society and business depend on each(prenominal) separate - businesses are part of society and vice versa and like all forms of independence, this provides be nefits, but also imposes obligations on both! partiesIf you want to desex a full essay, order it on our website: OrderEssay.net

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