Defining Stakeholders and their responsibilities

"Stakeholder is a person, group, or organisation that has direct or indirect stake, that is Support, within an company. Thay are called Stakeholders because they can affect or also be damaged by the organisation's activities, policies, and targets. Key stakeholders in an enterprise organization are

include Collectors, Customers, Directors, Employees, Authorities (as well as their firms), Owners ( that is Shareholdes), Suppliers, Unions, and the Community from which the business draws its resources. Although stake-holding is usually self-legitimizing (those who judge themselves to be stakeholders are de facto so), all stakeholders aren't equal and various stakeholders are entitled to different considerations. For instance, a firm's customers are entitled to fair trading methods but they are generally not eligible for the same thought as the firm's employees.

In brief,

"Stakeholders are communities of people that have a pastime in a company organisation. "

Type of Stakeholders : ~

http://www. answers. com/topic/stakeholder-corporate

Stakeholders can be devided in two different teams as shown above that is internal as well as external. It also can be called as Key Stakeholders and Supplementary Stakeholders. Not only that, but some stakeholders are those who might be both that is interal as well as exterior.

For example company staff is by default inner stakeholder. But at the same time when he become the same companies customer he become the external stakeholder.

Stakeholders of COCA COLA company.

Q. )Who are the stakeholders of COCA COLA Company ?

All most all the businesses have to bear in mind the effect of these activities on stakeholders. Coca-Cola is also no exception. There are so many stakeholders in Coca Cola Company. They include those stakeholders, who are most influenced by or who most impact just how they do business. This includes Consumers/Customers, Suppliers, Manager, Owner(shareholders), Employees, Authorities & regulators, Speial interest Groups, Non-Govermental Organizations (i. e. NGOs) as well as the neighborhood communities/society in which Coca Cola Company operate.

Each and every Stakeholder has its own interests in Coca Cola Company and places different demands on them. The Company try to engage with each constituency according to its needs, using different engagement methods as appropriate.

Consumer/Customers

Consumers are the exterior stakeholders. In Coca Cola Company, Consumer's receive quite definitely importance because they employ a much impact on business strategy because, wherever possible, consumers want to buy products from those companies on which they trust. So Consumer's are incredibly much influential. Because all business is in the end depends upon a customers. If there will be no customers, you will see no business in any way.

Suppliers

Suppliers and business lovers are vital to Coca Cola Company's success. Because they help them recharge the planet, more than 1. 6 billion times every day, through providing necessary products and services for their business. Using a sound, stable and ethical source base is important for development of the Coca Cola Company and the footprint that the suppliers leave in local neighborhoods throughout the world. As being a company, they have a responsibility to carry their direct suppliers to specifications a minimum of those required by relevant rules. So suppliers are also very much influential.

Government agencies and civil society

Coca Cola Company made wide-ranging industry commitments. Such as the Action on Diet, Health insurance and Physical Activity. These are an associate of the different Union of Western Beverages Associations, which the EU Platform known as 'an example of best practice how to build up and follow-up the commitments made'.

Coca Cola also work with

~National Government Agencies to implement athletics and fitness programmes

~Country wide Environment Ministries to safeguard watersheds

~Industry and Administration Agencies to make sustainable product packaging management schemes and promote recycling

So federal is also influential at a a larger level.

Creditors

Creditors will be the external stakeholder of the Coca Cola Company. The Coca Cola Company take part in investor assessments and do briefings designed for the socially sensible investment community. They routinely include sustainability performance in their all total annual financial article and investor street shows. So collectors are also important at a certain level.

Employees

Employees are not just internal stakeholders, they might be also external stakeholders. Since when any employee purchase something from the same

Company in which they are used they become exterior stakeholder. So exactly like others in Coca Cola Company also Employees are extremely much influential. So Coca Cola Company conducted a review about the main element options of employees proposal. In 2007 Coca Cola Company won several awards, which includes

~ Best employer prizes in Serbia and Poland.

~ Second put in place the Great Spot to Work review in Italy.

Owners (Shareholders)

Owners are the internal stakeholders of the Coca Cola Company. They will be the Major stakeholders. In Coca Cola Company Stockholders have an immediate stake in a corporation because it is all about their money that is funding the company. If Coca Cola Company does indeed well, their stock increases value and in the end they earn more and more money. If the business does terribly, simply they lose money. So shareholders are incredibly very much influential in Coca Cola Company.

Non-Govermental Organizations (NGO'S)

The Coca Cola Company always rely on NGOs and public-private partnerships to inform and guide their policies and initiatives, as well as challenge them as they work on complicated and fast-changing issues such as local climate change and others.

Some of Coca Cola's key stakeholders and partners includes the next

~World Resources Institute

~World Animals Fund

~Carbon Trust

~Carbon Disclosure Project

The NGO's also important in Coca Cola Company.

Stakeholders of Tumors Research UK.

Q. )Who are the stakeholders of Cancers Research UK ?

Cancer Research UK is a non profit organization. But it doesn't mean that it doesn't have stakeholders. You will find stakeholders just like other organization. Some examples of Stakeholders for a Non Income Organization like Malignancy Reseach UK receive here

Director, Trustees, Donors, Employees, Authorities, Patients, Doctors and Nurses, Fundraisers, Volunteer, Corporate lovers like Tesco and B&Q.

Director

The Director is a person who board typically chooses to have this one one who is ultimately in charge to carry out the overall wishes of the plank. The director is usually directly in charge of the work of the personnel and supports the work of the mother board committees. So director is a key stakeholder for Cancer tumor research UK. So he's very much important stakeholder.

Board of Trustees

Trustees are always much influential for just about any non profit business. Tumor research UK also have a Bord of Trustees. They need to perform some responsibilities like

~Carry out the terms of the trust instrument

~Defend the trust

~Proper investment of trust possessions e. t. c.

So Board of Directors of Tumors Research UK are extremely much influential.

Employees

Employees are always influential for any corporation, wether it is profitable or non profitable company. So just like others here in Tumor Research UK, employees are very much important.

Volunteers

In Cancer Research UK, volunteer will be the most influential stakeholder because they are provide their help and time free of cost. Malignancy research UK might can't operate with no help of the service of the Volunteer's. So as a result of given reason, they are extremely much important in cancer Research UK.

Donors

Donors will be the person who gives financial and non economic help the organizations. In Cancers Research UK, Donors play an important role because they are the specific from others as they give their support to an organization that they know, they will not getting any economic refund. So donors are important in Cancer tumor Research UK.

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