Case study Essay Example | Topics and Well Written Essays - 1500 words

Case study - Essay ExampleThe potential for contest arses when the conditions under which the service is provided is poor. High High High Identify their changing needs and make the inevitable changes to facilitate them Suppliers Interested in continued occupancy with the company. Conflict can arise when they also fence with tend urban center Ltd oblige hash out Moderate Ensure that more than one supplier is apply so that shortages can be avoided. Employees Interested in maintaining their jobs Moderate Moderate Moderate Train them and tick off that they are motivated so that they can provide quality customer service Shareholders Interested in the profitability of the business and maintaining or improving their net worth. Moderate Moderate Moderate Ensure that the business maintains or increases its value so that they can sell their shares easily. Manage it in such a modal value that people will be willing to invest in the company The Community Interested in the continuity of the business. Potential for conflicts may arise if the company is not obeying government rules and regulations Low to Moderate Moderate Moderate The company needs to ensure that it meets its obligations in relation to the environment and make contributions to the uplift the partnership. bring Creditors Collecting debts as they fall due. Borrowing in excess of certain limits and expending funds on unprofitable projects place them at risk and are likely to cause conflicts. Moderate Moderate Moderate Avoid conflicts and ensure business continuity by ensuring that agreements are adhered to. The table shows six of the stakeholders of Garden City Ltd - customers, suppliers, employees, shareholders, the community in which the business is operated and loan creditors. It shows their main interest and matters that could potentially cause conflict. It also shows their aim of influence, importance and net impact. Based on the information provided by Sally the customers are the stakeholders w ith a graduate(prenominal) level of power and influence, importance and net impact. It therefore means their needs should be satisfied if Garden City Ltd wishes to remain in business. The other stakeholders are not as influential and important as customers. Without customers the business ceases to exist. However, it is important to note that loan creditors can wield a lot of power, especially when a company is in financial distress. A businesss ability to remain in adept favour with loan creditors depends on how its finances are managed and whether it discharges its obligations when they are due. Anything to the contrary may result in loan creditors using their powers to take over the assets of the business. Although the shareholders are owners of the business the influence that they wield depends on the fortune of shares that they own. The decisions that management makes are highly likely to coincide with the interest of the customers. Maintaining shareholder value is of paramou nt importance. The community has the power to bind the company to act in accordance with government regulations. It is through the community that companies understand a supply of workers to