Business Management - Westpac Comapny

Running head: BUSINESS MANAGEMENT
Business Management
Name of the Student
Name of the University
Author note

1
BUSINESS MANAGEMENT
Company- Westpac
Identification of five internal stakeholders in the company along with accessing their
interest and influence in the business
From the analysis of the Westpac banking corporation situated in Australia, there are
different internal stakeholders playing a vital role in improving the process of the business
operations in a suitable manner. The overall contribution of such individuals are considered to be
the critical element that is needed to be analyzed and it has been described as follows:
Managers- The different managers working with Westpac Corporation who are
responsible for obtaining the different goals which helps in creating the proper atmosphere of
work among the different employees at Westpac (Antognelli & Vizzari, 2016). Each of the
managers are mainly responsible for handling the different law marketing, sales production along
with accounting prospects of the business in a systematic manner.
Employees- They are considered to be the major asset of the business company who
contribute efficiently towards the successful functioning of the company. They strive hard in
delivering their best and achieve the assigned targets within the stipulated time frame. With their
knowledge and efficiency, they try to perform the different tasks which create and bring value to
the working atmosphere of the company apparently (Todak, Gaub & White, 2018).
Shareholders- The different shareholders of the company Westpac have the entire
responsibility for ensuring that the organization is well-managed and running smoothly. Through
monitoring the performance of the company, they have the capability for raising the objectives
and giving the proper approval to the different actions of the management of the organization to
make it highly profitable in nature (Shepard, 2019).