This website uses cookies to ensure you have the best experience. Learn more

Evaluate The Appropriateness Of Business Information Used To Make Strategic Decisions

770 words - 4 pages

Level 3 Unit 1-D1
Evaluate the influence different stakeholders exert in one organisation
Every organisation has stakeholders, these are groups or individuals that affect or are affected by the business. The number of stakeholders of a business varies as does their importance and influence. The type of organisation and the product or service it supplies also determines its stakeholders. An organisation such as Coca-Cola has far more stakeholders than a family business; it is therefore much more influenced and affected by the actions, aims and objective of its stakeholders. In this report I will evaluate the influence of some stakeholders; Employees and Suppliers of Coca-Cola.
...view middle of the document...

g. an amount of soft drinks produced per day would highly decrease, employees are likely to leave the work place in order to find a job where they feel much more comfortable because a good working environment is also a factor that motivate employees into performing well.
Employee skills and qualifications are very important aspects because if employees don’t have the right skills to perform a specific task essential for production of Coca-Cola products it will slow down the whole production process and decrease the quality of the product resulting in a company making less profit than they possibly could. Employee wages are working hours have to be fair and according to the qualification and the position of the employee because this also affects their performance, staff that is not satisfied with the wages will simply leave the job causing Coca-Cola to spend money on costs such as; finding new staff and training. “After all, it’s the combined talents, skills, knowledge, experience and passion of our employees that make us who we are” says the Coca-Cola Company just to prove what an influential stakeholder employees are to the business.
Suppliers are connected stakeholders in a business that play a huge role and influence the organisation. Supplier’s main interests are: long...

Other Papers Like Evaluate the Appropriateness of Business Information Used to Make Strategic Decisions

Legal and Ethical Issues in Relation to the Use of Business Information

5604 words - 23 pages the Data Protection Act upto date with the legal laws etc. Everyones personal data is gathered by the college to make sure that it can be managed by both of the staffs and students properly and accurately. The majority of this information is classed as confidential, there for because of this it has to be handled and used in an appropriate manner. The main idea of this is that Strode College follows the principles of the Data Protection Act, and

Strategic Information of the Information Superhighway Internet at Cb Financial Bank

2856 words - 12 pages STRATEGIC IMPLICATIONS OF THE INFORMATION SUPERHIGHWAY/INTERNET AT CB FINANCIAL BANK Strategic Implications of the Information Superhighway/Internet at CB Financial Bank School of Management IS535 Fall Term 2009 ABSTRACT .This report will discuss the impact of the Information Superhighway/ Internet on CB Financial Bank Focus will be emphasized on current business issues such as customers’ online banking, fraud and identity

P5:Research the Legal and Ethical Issues and Constraints in Relation to the Use of Business Information in Organizations

631 words - 3 pages There are many different laws which businesses must remember to follow when using business information, the law also protects this information and to what extend it can be used for. If they however fail in doing so they may face prosecution such as paying a fine. I will be exploring the fallowing three main laws which are: • Data Protection Act 1998 • Freedom of Information Act 2000 • The Computer Misuse Act 1990 Data Protection Act

When Cost-Based Transfer Pricing Is Used Between Sub-Units Of A Large Organisation, Describe How To Avoid Making Sub-Optimal Decisions

600 words - 3 pages make decisions pricing, purchasing, production, etc. based on transfer prices. Therefore, the transfer price has direct economic consequences for the company. The transfer price also is used to measure performance of managers and company segments. Transfer prices that are best for decision making are not always the best for measuring performance. According to Zimmerman (1997), a dual transfer pricing scheme could be used to avoid this dilemma

Identify and Critically Evaluate Four Variables That Account for the Emergence of International Business

2389 words - 10 pages Identify and critically evaluate four variables that account for the emergence of international business. International Business, which is the other way to seek an opportunity of brand new markets and a better driver of changing the recent environment (Ramirez-Aleson & Espitia-Escuer, 2001). It is thought as a business or industry that attracts and provides in international economic activities (Peng, 2011). From the views of domestic and

M1 - Analyse The Implication Of Government Policies For Tesco And The Possible Reactions Of The Business To Government Decisions. What Actions The Tesco Would Take Based On The Policies?

552 words - 3 pages M1- Analyse the implication of government policies for Tesco and the possible reactions of the business to government decisions. What actions the Tesco would take based on the policies? What the government expect the businesses to do? Possible reactions of the businesses to the government policies? What would businesses do for the changes the government makes? Economical policy Environmental policy health policy competition policy The

Evaluate the Usefulness of Labelling Theory to Our Understanding of Crime and Deviance (40 Marks)

1340 words - 6 pages Evaluate the usefulness of labelling theory to our understanding of crime and deviance (40 marks) Synopticity – Crime & Deviance and Theory Labelling theorists such as Becker and Lemert argue that because of the diversity of different values in society, there can never be a universally agreed definition of what constitutes ‘normal’ or ‘deviant behaviour’. What is deviant for one person may not be deviant for another. Labelling theorists

Explain the Business Strategies Used by a Business Operating Internationally

524 words - 3 pages This report it will be explaining the business strategies used by a business operating internationally. It will refer back to the previous criteria where I described the business strategies used by a business operating internationally; the business I have chose to use Avon. I will be explaining the business strategies used by Avon who are operating internationally. With all the information I provided in criteria pass five, I will further explain

Evaluate The Marxist Theory Of Religion And Its Relevance To Todays Society

1058 words - 5 pages Evaluate the Marxist theory of religion and its relevance to society today. Marxists believe that the ruling class use instruments in society to control the working class – for example religion and education. They argue that religion is created and promoted by the Ruling Class in order to pass on their dominant ideology to the working class, using it as an “instrument”. Althusser argues that the ruling class do this through physical control

Evaluate The Contribution Made By Eysenck To Our Understanding Of Anxiety In Sport

1907 words - 8 pages because anxiety causes worry, which affects our ability to process information as it occupies space in the working memory, therefore reducing its capacity and impairing processing efficiency. A study by Brand, Hanson & Godaert (2000) found that subjects with high stress levels performed slower on a memory task compared to individuals with low stress levels. This supports the processing efficiency theory as a greater part of the high-anxiety

Describe and Evaluate Two Approaches to the Treatment of Self-Defeating Behaviour

2302 words - 10 pages succeed in most situations. It’s thought that people who have addictions, obsessive compulsive disorder, comfort eating, are not self regulating due to many reasons like lack of attachment from their primary carer and they use unhealthy strategies to cope with that disturbance. “With self-regulation a person can either make sure they succeed or fail in a certain situation. “Self regulation is presumably one of the major capacities that the human

Related Essays

Accounting Information For Managers To Make Better Decisions

2036 words - 9 pages in order to increase the profitability of the company. In addition, managers can focus on this information to make decisions that direct for uninterrupted progress and are accountable based on intelligent analysis of the organization information. Therefore, all managers can use below tools and techniques efficiently to make their organization successful by translating how management accounting benefits business decision settings: 4.1 Cost

Strategic Business Objectives Of An Information System

2929 words - 12 pages Management information Systems | United Business Institutes BA2 | Essay Question 1 | Word Count 2845 | Erdem Emanuel 11378 | 3/20/2015 | Question 1: Write an essay outlining the strategic business objectives of an Information System (IS). Include a description of its management, organization and its technology components. Make use of diagrams where appropriate. | Contents Abstract 1 Introduction 1 Strategic Business

Explain The Factors Behind The Decisions Of Members Of Parliament To Resist The Demands Of Charles I 1625 29. Evaluate The Consequences Of Those Decisions On Britain 1629 40

3183 words - 13 pages Explain the factors behind the decisions of Members of Parliament to resist the demands of Charles I 1625-29. Evaluate the consequences of those decisions on Britain 1629-40. When Charles I ascended the throne in 1625 from James I he inherited a number of issues which required him to call Parliament such as an archaic state structure in which expenditure outweighed income, a war with Spain, Multiple Kingdoms which were not well connected

"Let People Decide Their Own Fate: Free Market Bioethics" Discusses The Benefits Of Allowing People (Not Government) To Make Their Own Decisions Regarding Cloning And Bioengineering

920 words - 4 pages . Biologically created products have been out for some time now. The insulin that many people require to live is made in a laboratory. Bioengineered products have been used for most of the last century, without the occurrence of a single three-eyed baby. The Cato Institute's J. Howard Beales points out that:Ever since human beings domesticated the first plants and animals, they have relentlessly manipulated the genetic composition of useful