My presentations Profile Feedback Log out. In the Primark stakeholder group the other important stakeholder is employees. The main target of Primark’s is that customer who are very conscious about fashion and also those who wants value for their money. It is important to understand the difference between a shareholder and stakeholder. Good and Bad impacts. Employees of primark are influenced but also affect how primark treat their employees.
Every organisation have to treated their customer fairly because no one wants to be treated as fall into certain category. However, that does not mean that Primark can afford to ignore its customers. The owners of a company have a high level of power and influence and a direct interest in the profitability of the company. Providing support and help In the organisation every stakeholder is important. In providing these services it can be supported by expertise of environmental, technological and commercial.
Helps them to budget, save and earn interest. In these days alternatives have to be their for customers if we provide good alternative then like to do buy the product or service from the organisation.
We think you have liked this presentation. Employees of primark are influenced but also affect how primark treat their employees.
Staekholders providing these services it can be supported by expertise of environmental, technological and commercial. If you wish to download it, please recommend it to your friends in any social system. Shareholders are the individuals or organisations that own a company.
The Times Business Case Studies Edition 16 Engaging with stakeholders. – ppt download
Every organisation have to do some survey within employees to know about the services and things which they provide them are enough good or not for the employees.
Group Work and Info. Primark also provide guidance to such kind of issue such as immigration and also in UK with the right of work. As a result many clothing retailers, including Primark, source clothes from countries like China, Bangladesh, India and Vietnam where materials and labour costs are lower.
On the other side the main suppliers customer needs are payment at time and order at new time. Below is a list of Business Case Studies case studies organised alphabetically by company. Good and Bad impacts. The significant proportion of Primark annual turnover is for ABF’s revenue and profit. Auth with social network: In contrast, customers have less interest in the company than the shareholders and a lower level of power and influence.
Understand different approaches to HRM Objectives: Stakeholder engagement is the process of creating communication channels that enable stakeholders to be informed about and in some cases influence decision-making processes. In the three continents Primark provide employment to more than 7,00, The needs and expectations of every stakeholder of organisation are different and the organisation have to full fill these needs and expectation for making the relationship fruitful.
Stakeholders of Primark –
Primark deals with their suppliers very closely and also works very closely with their all factories staff that produce its goods. As such, Primark must use appropriate channels of communication to engage with each stakeholder group.
Stakeholders are individuals, groups and organisations that have an interest in the decisions and actions of a particular business. Other stakeholders are external to the business, such as suppliers, customers, trade unions, civil society groups, shareholders and the communities in which the business operates.
The Times 100 Business Case Studies Edition 16 Engaging with stakeholders.
In the Primark stakeholder group the other important stakeholder is employees. Any business that neglects its customers would soon start to see a decline in sales.
The textile manufacture and clothing distribution industry has seen dramatic changes in recent years. Stakeholders also include all the other groups no an interest in what the company does. Primark is also the part of Associated British Food.
All businesses depend on a variety of stakeholders.
In the present world without customers a business would not exist. Primark Engaging with stakeholders.
Explain the internal and external influences. In my point of view the main three stakeholder in the organisation are customer, supplier and employee.