Government bailout for UKs Museum galleries and theatres

Government bailout for UKs
Museum galleries and
theatres

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Advantage of owners as stakeholders..........................................................................................4
Disadvantages of owners as stakeholders....................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................1

INTRODUCTION
The report describes the for and against description of economic factors when dealing with
stakeholders.
MAIN BODY
The economic factors are said to be one of the most probable approaches with regard to any
organisation. The economic geography of an organisation or a particular entity will be enriched
with the stakeholder participation and their interest towards raising the environmental claims is
said to be one of the most prosperous method of dealing with economic actions. These economic
policies when embedded in an atmosphere where the social relationships are gratified than the
stakeholder theory will probably be the best in deriving the standard (de Oliveira and et.al,
2019). Stakeholders approach is necessary in order to derive the business and its atmosphere
along with all the entities that can be gratified. In this regard the major focus will be probably on
the development factors where the stakeholders will analyse the factor that will have to be
inhibited in the organisation such that the economy of the organisation will rise to certain level
and the profitable standard can be approached. In rising this economic level the stakeholder
theory plays a major role where the entire management is relying upon the decisions of the
actions that can be incorporated by the stakeholders. Although these actions are their decisions
that are being taken by the stakeholder sentence result in a positive or a negative atmosphere yet
they have certain impact over the organisation (Johnson-Cramer and et.al, 2017). This impact is
analyse to be a positive aspect with regard to the case study that is being highlighted in this
regard which is to save the theatre. In order to save the theatre the economic standard will have
to be raised and the stakeholders play a major role in this. At there are certain atrocities that will
revolve around stakeholder analysis and their decision making policies but still most of the
policies will highlight the choices that are to be incorporated. It is not until when the
management is for towards improving and improvising the definite set of artists that are
participating in the galleries and are giving their performance to the best of their ability. Amidst
of the directors and owners mostly emphasize upon the directors as the best stakeholder because
they had to run after the choices that could be beneficial for the theatre upliftment. The owners
are full in charge of the entire activities that are being taken place because directors are to direct
people and owners are to maintain the entire organisation. Therefore owners are regarded to be