Describ the Types of Stakeholders Involved in Two...

Task 2- P2 I am going to discuss the different stakeholders involved in two contrasting businesses. I am going to explore the stakeholders involved in each business and how they are affected by the company. My first organisation is Boots Alliance, a pharmaceutical shop on most high streets. My second organisation is Oxfam charity. Both provide goods or services to the public; however they have different stakeholders affecting their decisions. Stakeholders are anyone that affects or can affect a business’s decisions. This could be a consumer, an employee, a supplier or many others. Boots is a high street pharmaceutical store and therefore directly affects the customers. Customers determine what new products the company will make and†¦show more content†¦Oxfam’s consumers would be the people who donate and those who benefit from the help Oxfam give. Donators determine what the business can do that year as they determine the amount raised. Consumers can donate through money donations, buying goods in Oxfam shops, craft fairs, badges that raise awareness of the charity etc. The Donator gains a feel good factor as they have help another which is what continues to keep a charity like Oxfam in business. Consumers that buy products from an Oxfam shop will still want decent quality goods and therefore the shops must ensure all donated goods are up to standards or they will lose donations. On the other side of consumers, those that are helped by the charity determine where the money is allocated in a small way. The charity decides which area to focus on whether it be HIV, providing clean water for communities or medical care and this is influenced by those that need help. Employees of Oxfam are also divided into two categories; volunteers and paid employees. In an organisation like Oxfam it will mostly be volunteers. Volunteers although they are working for free must be treated fairly as if it were a paid job or they may not continue to do the work. Volunteers are not very easy to find as many people have full time jobs and the majority of people aren’t willing to work for free. Due to this Oxfam must ensure all volunteers are happy and so want to continue to help. There are also a