Tasty Place is a small local fish and chip shop business in Tipton, which is a sole trader.
Employee
Employees are Internal stakeholders. employees play a big part in Tasty place's because without the staff food wouldnt get cooked and the customers wouldnt get served. they employees are important for a lot of different reasons one would be the presentation and the quality of the food they produce if it becomes poor the sales are going to drop which is going to result in a drop in profits which could harm tasty place greatly as they are a small business. Employees also influence tasty place one of the things they influence could be if they think any changes should be made like the changes in the meal deals then they would be able to voice thier opinion. Because all the employyes know the aims of tasty place this means that they should be working along with the business to try and achieve theses aims. Due to staff at tasty place having such involvment in the business this means that they are stakeholders.
customers
Customers are external stakeholders as they dont work inside the company, but they still have an effect on the company because if they stopped buying buying the product from tasty place and providing them with feedback, tasty place wouldnt know what they were doing right or doing wrong, so its important to get comments back from them. Customers are also stakeholders as they have an iterest in in the local business.
suppliers
Again suppliers are internal stakeholders as they supply tasty place with the resources they need to make the food that they sell. Therefore this means tasty place are dependant of the suppliers supplying good quality goods because if they dont this is going to result in the quality of fish and chips decreasing, this will also mean people will start using an other fish and chip shop that are local as there are plenty in the sourrounding area. this will then mean that the sales at Tasty place will drop.
Goverment
The goverment are external stakeholders. the local goverment will be the main people that allow and pass planning permission this could affect tasty place because if they wanted to build another store or extend on the existing one but if the goverment didnt give them the permission if wouldnt be allowed to build this is why the goverment are external skakeholders as they still play a part in the intrests of the business they also influence where they are allowd to build shops were they can sell their food to the customers. they are also stakeholders as they are interested in the jobs that Tasty place offer people as the government will know how many people are being employed at the business.
Trade unions
Trade unions are also external stakeholders as they dont work inside the company the just provide the service for the companys employees. The trade unions are intrested in Tasty place as they have workers who maybe intrested in paying to be part of the union which protects the workers rights. Many people who work at cadbury may be part of the union, this then protects there rights if they had an acciedent due to poor working conditions. The union will also tell them to strike if they arent being payed enough or being treated wrongly. This is why trade unions are external stakeholders as they have an intrest in many companies but they dont work for any of them they just want to protect the workers rights.
Employee
Employees are Internal stakeholders. employees play a big part in Tasty place's because without the staff food wouldnt get cooked and the customers wouldnt get served. they employees are important for a lot of different reasons one would be the presentation and the quality of the food they produce if it becomes poor the sales are going to drop which is going to result in a drop in profits which could harm tasty place greatly as they are a small business. Employees also influence tasty place one of the things they influence could be if they think any changes should be made like the changes in the meal deals then they would be able to voice thier opinion. Because all the employyes know the aims of tasty place this means that they should be working along with the business to try and achieve theses aims. Due to staff at tasty place having such involvment in the business this means that they are stakeholders.
customers
Customers are external stakeholders as they dont work inside the company, but they still have an effect on the company because if they stopped buying buying the product from tasty place and providing them with feedback, tasty place wouldnt know what they were doing right or doing wrong, so its important to get comments back from them. Customers are also stakeholders as they have an iterest in in the local business.
suppliers
Again suppliers are internal stakeholders as they supply tasty place with the resources they need to make the food that they sell. Therefore this means tasty place are dependant of the suppliers supplying good quality goods because if they dont this is going to result in the quality of fish and chips decreasing, this will also mean people will start using an other fish and chip shop that are local as there are plenty in the sourrounding area. this will then mean that the sales at Tasty place will drop.
Goverment
The goverment are external stakeholders. the local goverment will be the main people that allow and pass planning permission this could affect tasty place because if they wanted to build another store or extend on the existing one but if the goverment didnt give them the permission if wouldnt be allowed to build this is why the goverment are external skakeholders as they still play a part in the intrests of the business they also influence where they are allowd to build shops were they can sell their food to the customers. they are also stakeholders as they are interested in the jobs that Tasty place offer people as the government will know how many people are being employed at the business.
Trade unions
Trade unions are also external stakeholders as they dont work inside the company the just provide the service for the companys employees. The trade unions are intrested in Tasty place as they have workers who maybe intrested in paying to be part of the union which protects the workers rights. Many people who work at cadbury may be part of the union, this then protects there rights if they had an acciedent due to poor working conditions. The union will also tell them to strike if they arent being payed enough or being treated wrongly. This is why trade unions are external stakeholders as they have an intrest in many companies but they dont work for any of them they just want to protect the workers rights.