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BUSINESS ORGANISATIONS & THEIR STAKEHOLDERS (Types of business…
BUSINESS ORGANISATIONS & THEIR STAKEHOLDERS
Purpose of business organisations
Common characteristics of organisations
Why organisations exist ?
Differences of organisations
Ownership
Control
Activity
Profit or non-profit orientation
Legal status
Size
Sources of finance
Technology
Types of business organisation
Profit vs non-profit orientation
Private vs public sector
Private sector commercial business
Legal status
Sole trader
Partnership
Limited companies
Public limited
Private limited
Public sector
Advantages
Disadvantages
Non-governmental organisations (NGO)
Co-operative societies & mutual associations
Stakeholder goals & objectives
Types of stakeholders (ICE)
Internal
Employees
Management
Connected
Shareholders
Customers
Financiers
Suppliers
External
Government
Community
Pressure groups
Stakeholder conflict
Stakeholder mapping : Mendelow matrix
Strategic value of stakeholders
Measuring stakeholders satisfaction