1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
guajiro [1.7K]
3 years ago
5

If shell decided to open a new service station I a rural area of uk, which was not well serviced with filling stations, it would

have an impact on several stakeholders what are the stakeholders
Business
1 answer:
timofeeve [1]3 years ago
4 0

Answer:

The stakeholders are ; Customers, shareholders/investors, local community, suppliers, employees, Government, competitors, creditors etc.

Explanation:

Stakeholders are a group of people or individuals within a locality, whose interest is Paramount to the survival of an organization.

There are two types of stakeholders, which are;

Internal stakeholders : These group of people or individuals are part of the organization . eg employees, board of directors, managers. Etc.

External stakeholders: These group of people or individuals are not part of the organization but have interest in its performance. Eg local community, media, consumers, suppliers etc.

There are also primary stakeholders and secondary stakeholders.

Primary stakeholders. I.e those who have financial interest in an organization. Eg creditors, shareholders/investors etc.

Secondary stakeholders. i.e those who do not have financial interest but whose decision is influential. Eg trade union, government body etc.

As in the scenario above, impact of shell on several stakeholders are enumerated below;

-Employees: There must be job security for employees, clean and safe working environment and there must be regular source of income with which salaries will be paid.

-Shareholders/Investors:They expect maximum returns on their investment in form of dividends. They also expected to be given preferential treatment in terms of lower prices and little or no value lost on their investment.

-Customer: They expect that products to be sold are reliable and safe for consumption and at fair prices.

-Suppliers: Price of product supplied should be agreed by parties involved. Suppliers also expect regular and frequent orders from them.

-local community: These people expect steady employment for their children, provision of social amenities like tarred roads, community hall, cinema hall etc and avoidance of noise and environmental pollution.

-Competitors: There should be healthy rivalry among producers of similar products and all element of demarketing should be avoided.

-Government ; Government expect from shell constant and regular payments of taxes, compliance with local laws and provision of corporate social responsibilities to the host community.

-Creditors: The creditors would expect adequate returns on their loan investment, absence of failure to payback money owned them and repayment of money owed to them at the agreed date.

You might be interested in
How can you price your product or service at its worth or even more? You can price your product or service at its worth or even
stealth61 [152]
You can price your products, by average, fairness is key!
3 0
2 years ago
Read 2 more answers
Harvey and Liza are discussing ethics. Harvey says that ethics is a range of moral principles that steers our behavior. Liza say
swat32
B. Only Harvey is correct
5 0
3 years ago
If you are sharing the road with an impaired driver it is safest to be
nexus9112 [7]
An impaired driver refers to someone who is under the influence of alcohol and is driving. If you are sharing the road with such a person, it is safest to drive behind such a person. You can take further action by parking beside the road, note down the vehicle's number and then call the appropriate patrol or emergency to inform them about the driver. This will ensure that such a driver is gotten off the highway. 
7 0
3 years ago
What are some examples of trade controls?​
aleksandrvk [35]

The use oftrade controls to reduce foreign competition in order to protect domestic industries.

Hope this helps! :)

5 0
3 years ago
Alais is a clothing fashion designer known for her French style of elaborate heirloom smocking combined with industrial elements
ElenaW [278]

Answer:

The answer is: Alais will prevail because of material breach of the contract

Explanation:

Material breach in contract law refers to one party failing to perform under the contract significantly enough so that the aggrieved party has the right to sue for breach of contract.

In this case when Rutherford failed to perform, Alais sustained enough "damage" that enables her to sue Rutherford. She probably was no longer able to finish her job in time.

3 0
3 years ago
Other questions:
  • Low-balling is a sales technique where the salesperson quotes a low price for a car to get you to make an offer, and negotiates
    15·1 answer
  • With employer-paid training, workers have the potential to become more productive not only in their present employment but also
    7·1 answer
  • When is it acceptable to run a warehouse
    12·1 answer
  • Jane has been working with some buyers for several weeks. She thinks they are really interested in one particular property, but
    7·1 answer
  • How is going public a way to secure capital without going into debt? Name a company that has held an IPO.
    7·1 answer
  • Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The numbe
    9·1 answer
  • The Howe Co. stockholders equity account follows: Common stock (400,00 shares at $4par) $1,600,000 Paid in capital in excess in
    6·1 answer
  • Greta contributes property to form Unity Corp. and receives all 100 shares of Unity. A year later, Bjorn contributes property an
    13·1 answer
  • Question 5 of 10
    12·1 answer
  • Calculate the average stock in a department with annual sales of $1,840,000 and an annual stock turnover of 5.4.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!