Analysis of Corporate Culture, Stakeholders and Risks - BUS101

This report analyzes corporate culture, competitive pressures, and stakeholder relationships within a business context. It defines corporate culture and explores how it shapes internal and external interactions, business relations, and company structure. The report examines the concept of competitive pressure, highlighting its importance for business survival and profit. It identifies key stakeholders, including agriculturists, farmers, the general public, government, suppliers, and employees, and discusses their interests. The report addresses potential conflicts between stakeholder interests and business objectives, and proposes strategies for conflict resolution. A SWOT analysis is provided to assess the business's strengths, weaknesses, opportunities, and threats, and the report concludes by emphasizing the importance of stakeholder engagement and consultation for effective business strategies. Finally, it highlights the importance of organizational culture and its impact on internal and external stakeholders.

Question 1
Corporate Culture
It is a culture maintained by the management and employees of the company which
shows that how a company interacts inside and outside, how it maintain business relations
and business transactions. It shows a company’s behaviour towards their business,
employees and management and it also reflects company’s structure.
Corporate culture is not expressly defined, it is an inherent value of an employee or a
company which has to be followed by all the company members. It can also be defined,
as beliefs, standards, attitude and assumptions which show a company’s nature and it is a
type of heredity which comes along with the company’s structure, goals and strategies.
These are embodied in the mission statement of the business.
Competitive Pressure
It refers to a pressure faced by the companies created by its competitors in the market, by
innovating new products, new technologies, and any scheme for customers etc.
Company’s performance and its strategy to deal with the dynamic environment make it
healthier to be in competition and survive in the market for future profits. This type of
pressure is must and required to be faced by all the companies for determining its pros
and cons. To face and overcome pressure it is must that a plan and strategy is prepared
Are those pressures faced by businesses in a particular market. Porters Five Forces model
sets out the five key issues to consider in terms of accessing a particular market.
Question 2
Stakeholders
As per the scenario and situation, the main stakeholders include agriculturist, farmers and
general public as they are concerned for the business which Jack wants to do. Some other
stakeholders in this section are the Government, suppliers, logistics specialists and
employees. Investors in the business are also crucial stakeholders for overall business
success. The employees are the internal stakeholders who are responsible for maintaining
the internal organizational culture properly. The managers and investors are also internal

stakeholders in the business. The external stakeholders in the business will be the
government, supply chain logistics, farmers, agriculturalists and common public.
Interest of Stakeholders
The business of Jack will definitely hit the interest of stakeholders may be in the positive
way or it can be negative if the situation does not go as Jack business requires. It shows
that the interest of stakeholders is concerned with their income as it does not fall, the
farmer’s property not tends to be in hands of wrong owner, and the labour available at the
place does not remain unemployed
Aims and Objectives
For doing a business there is foremost requirement is to have a goal and an objective to
achieve. So the goal of the business is to minimize the cost by hiring lower power labours
and low cost of raw materials so that business profits increase
Potential conflict between stakeholder and bunnies objectives
As per the interest of stakeholders and the business objective there is a conflict between
them because business objective wants maximum profits with minimum cost whereas
stakeholders are of concern that there labour does not remain unemployed or less paid.
The interest of both side is important and basis for arise of conflict
Conflict between different stakeholders
Where there is business there is interest of different groups and peoples and which leads
to conflicts between them. The main aim of stakeholders is to have a business which
supports their locality problems and reduces it so there is not conflict of objectives
between the stakeholders
Properly Managed
For starting a business in other community is difficult but not impossible. All the things
can be managed if proper planning is done and strategy is made which does not conflict
with the interest of stakeholders and also business objectives. If the interest of
stakeholders is satisfied then there will be no problem.

Key risks and opportunities
SWOT analysis is an effective tool that can be considered to identify strength, weakness,
opportunity along with a threat. Besides, sustaining effective assistance from this tool
would help the company incorporate suitable strategies that would allow the company to
eliminate obstacles that may hamper the company’s operation management process.
Hence, the key opportunity and risk that Jack’s business can experience due to its internal
strength and weakness are discussed below:
Strength
● High support from local public
● Support from the local community
● Practical as well as theoretical skills in
agricultural sectors
● Valuable process adapted for
production process
● Accurate coordination with developed
network and channels
● Informal practices with mutual peers
understanding that help to exchange
supportive practices
Weakness
● Financial issues both for the long term
and short term
● Weak physics
● Lacking of research in the cultivation
process
● Strict regulations related to import and
export duty charges
● High initials for capital investment
● Unsuitable technical infrastructure
Opportunity
● Increasing support of government
● Increasing income
● Target market is improving creating a
wide opportunity for success and
growth
● Increasing the range of innovation in
production and cultivation
● Establishment of mutual rivalry among
the farmers
Threat
● Increasing usage of technology in the
cultivation process
● Rapid up-gradation and advancement
of the cultivation process
● An increasing the level of competition
● Uncertainties and unpredicted climatic
conditions
● Periodic oversaturation
● Low profit generated can lead farmer

● High sources to get information that
would help the company improve its
production process
● Increasing sales
● Increased customers targets
towards depression and anxiety
From the above-discussed point, it can be evaluated that it is essential to effectively
collaborate with both the external and internal factors as this would enable Jack to select
and implement accurate production strategies. Besides, it can be determined that if Jack’s
promotes more sustainable practices in its production process, it can sustain huge success
and growth while along with a sustainable competitive edge and strong customer base in
the market.

Potential conflict with/between stakeholders and engage in the consultation process
to develop a strategy in order to mitigate these
It has been proven that stakeholders are directly interconnected not only with the profit
earned or loss incurred by the business but also with the operation management process.
Hence, strategies that are integrated by the companies are required to be consulted with
the primary stakeholders as it is their authority to get a chance of active participations on
the major operation management process of the business. It has been proven that if
stakeholders feel that they are not valued by the business units or else if they experience
loss on the investment made on the specific business units, the interest of the stakeholders
reduces or eliminates which ultimately hampers the overall productivity of the company.
It has been evidenced that if the stakeholders of the company are happy with its
functioning and operation, the company would ensure success and growth while
sustaining diverse opportunities that arouse in the market. The organizational culture of
the company is one of the potential sources of conflict. The managers and employees
must give value to all the external stakeholders. Otherwise, they will find it difficult to
invest in the business properly. The payments should be cleared within due time to the
supply chain and logistics experts. The buying behaviour of customers must be evaluated
according to the supply rate. Apart from that, their connection and communication
between internal and external stakeholders would help in the better outcomes for the
company.