How The Stakeholders Influence The New Organization Commerce Essay

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A mission in its general form is the sole purpose of an organization in a society, for what an organization exists e.g what goods,services or benefits on organization is providing to the society as a whole. A mission statement is a statement that clearly defines the organization purpose of existence. "mintzberg" defines mission as follows: "A mission describes the organization basic function in society in terms of the products and services it produces for its customers." e.g Mcdonalds."to provide the fast food customer food prepared in the same high quality manner world wide that is tasty, reasonably priced and delivered consistently in a low key décor and friendly atmosphere.

The mission of our proposed organization Shaheen Biscuit Manufacturing Company would be as following :

"to provide unique flavoured,high quality,tasty and nicely packaged biscuits in reasonable price".

Value

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Values are the beliefs of an organization. In what way shall an organization follow its objectives,goals and aims. In more detail form the code of conduct of an organization,the way of its leadership for e.g an organization providing customer with quality goods would be a business value. This is what the organization believe in,for providing its provision.

Objectives

Objectives are the defined targets that help in achieving the aims of the organization for e.g an organization having an aim of providing quality biscuits would have certain instructions and targets on each level to maintain quality. These instructions can be called key objectives.

Stakeholders

Stakeholders are the individuals that are directly or indirectly involved in an organizations activities,stakeholders can be general people or large organizations or even the government. stakeholder is the person,group,organization,member or system who affects or can be affected by an organizations actions. There are different types of stakeholders that fit in these different categories which are as follow:

Internal stakeholder: These are the organizations internal influential bodies as stated above they have a direct interest in the business's action, because of these actions they are being benefited. a very common example of an internal stakeholder is the employees and management. These influential bodies are called internal stakeholders because they are intimidly connected with the organization, the actions of these stakeholders have strong impact on the organizations performance in the society as a whole.

Connected stakeholders: Connected stakeholders are also directly interested in the organizations actions, the only difference is they want to benefit from the organizations actions output. The closest example is the customer, the customer benefits from the end output of the organization actions.

External stakeholders: external stakeholders are the indirect influential bodies. They have indirect interest in the organizations activities. A closest example of the external stakeholder is the govrnment.

Employees: employees of the shaheen biscuit manufacturing industry would be:

Labour: the workforce that work in the factory involved in making biscuits to packing the biscuits.

Employees: those who are involved in paper work in the marketing finance and other departments of the organization.

Customers: the general people who will purchase the product of shaheen biscuit manufacturing company.

Government: the laws and regulations under which the shaheen biscuit manufacturing industry would be working.

The influence of these three main stakeholders is huge and varies from each other. For e.g.

The government can benefit the new business by providing them financial perks or provide them cheap assets to get established quickly, on the otherside it can also stagger its growth by imposing taxes and cancelling its license. Organization can also benefit the government by producing jobs, boosting the economy of the country. Similary employees and customers influnce and gets influenced by the business. Good quality and low price products from an organization can benefit the customers. Employees can fullfill there financial needs from the organizations.

Task For P2:

Identify any three significant stakeholders of the business organiztion. Discuss the main objectives of the identified stakeholders. Discuss how the new business organization satisfy the objectives of stakeholders (example customer value is adressed by the product or services provided by the new business organization etc).

Three Significant stakeholders

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The three significant stakeholders are as follows:

Employees: employees of the shaheen biscuit manufacturing industry would be:

Labour: the workforce that work in the factory involved in making biscuits to packing the biscuits.

Employees: those who are involved in paper work in the marketing finance and other departments of the organization.

Objectives:

Customers: the general people who will purchase the product of shaheen biscuit manufacturing company.

Government: the laws and regulations under which the shaheen biscuit manufacturing industry would be working.

Task For P3

Discuss the responsibilities of organization towards society in general. Discuss how organization strives to be responsible to the society. (what are the applied actions in the plan of the newly established organizations).

Responsibilities of new organization towards society and strategies employed

Sbmi has some responsibilities towards the society.

SBMI stands for shaheen biscuits manufacturing industry

Protection of Environment

Pollution is a key problem of today, which is because of different profit-making organizations. Water pollution and air pollution are because of the industries chemical plants etc.SBMI must take all the possible actions to curtail pollution.

Reasonable use of Resources

SBMI should make better use of the resources which are available in the large interest of the society. Resources like land water fuel should be used economically. Resources like fuel land and water are scarce so they should be efficiently utilized in order to produce best possible output

Reservation for Weaker Section

Shaheen biscuits manufacturing should provide employment opportunities and jobs to lift up those member of societies who are economically weaker.so that they are able to fulfill their needs. And feed the number of people who are dependent on them.

No Participation in Anti-Social Activities

Shaheen biscuits manufacturing must not contribute in those activities which will adversely affect the society. They should not provide financial or any any other support to such anti social activities which can ham the society in general

Development of Backward Regions

The requirement of society is that the business organization should be taking place in backward regions. This will create job opportunities and employment and will increase purchasing power amongst the people living in rural areas.

Financial Assistance

The society normally expects aids and financial help for several societal causes like eradication illiteracy and poverties. They would expect the organization to take part in anti noise and anti drug campaign.so this also will be included in the responsibilities of SBMI towards the society.

Prevent Congestion in Cities

The SBMI must also work to avoid congestion in living areas and city centers.for this they should spread their industries to different locations or places.

Employment creation

SBMI should make all the efforts to create employment. these efforts will help to solve those problems which are caused by unemployment in society such as crimes and mental problems.

Strategies employed to meet them

The SBMI should make some strategies to meet all their above responsibilities. The strategy that they will employ to protect the environment from pollution is that they will install platinum catalyst in the chimneys of their industries this will absorb all the gases and emit ions which harm the environment. They will purchase a place far away from living areas where they can dump all their waste materials. They also purchase such machinery through which they'll recycle the wrappers, packaging of their biscuits.

The strategy that they'll employ to make good use of resources is that they hire trained and skilled lab ours who make good use of all the resources,labour who are efficient. They purchase such technologies which gives maximum output by using minimum input.

The strategy employed by SBMI to support the weaker section is that they target those people and select those people for their organization who are financially weak but talented and who deserves to do job in SBMI

The strategy used by SBMI for the development of backward areas is that they will locate their industries where there is lack of infrastructure where there is unemployment and great talent.it is included in their future plans that they will work in such areas to develop backward regions.

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The strategy employed by SBMI to support social causes is by providing financial support and organizing or sponsoring such events such as anti drug campaign.it is included in their plans that they would work with other government or non government organization to build schools to provide free education for those who cant afford the charges of schools.

Strategy employed by sbmi to prevent congestion in cities is that the will not locate all their industries in one area they will spread it and like this they avoid creating congestion in cities.

SBMI offers lots of jobs such as managerial posts machine operators ditributors manual jobs this will help to reduce to the level of employment.