Impact of Internal Business Environment on Ngai Tahu Holdings in New Zealand
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This report measures the impact of the internal business environment on Ngai Tahu Holdings in New Zealand. It discusses the organization's business traits, stakeholder management, and relationship management. The report also highlights strategies for internal growth and business sustainability.
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BI-CULTURAL AND
INTERNAL BUSINESS
INTERNAL BUSINESS
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INTRODUCTION
• The following report aims at measuring the impact of the internal business
environment in the Ngai Tahu Holdings in New Zealand. The chosen company
deals with preparing the sea food, farming, and tourism and property investment.
• The business traits of this company help the people of the region to earn their
livelihood. The internal growth of gthe organization is very important to note the
direction towards success for them.
• The growth of tourism is much evident in terms of their profits. The scrutiny of
the organization has been done properly so the different issues can be
highlighted. The stakeholder management of the organization has been discussed
here as well in this paper.
• The role of the stakeholder relationship management and its role in Ngai Tahu
Holdings have been discussed here properly.
• The company will look to take the advantage of their market reputation to
improve their business.
• The following report aims at measuring the impact of the internal business
environment in the Ngai Tahu Holdings in New Zealand. The chosen company
deals with preparing the sea food, farming, and tourism and property investment.
• The business traits of this company help the people of the region to earn their
livelihood. The internal growth of gthe organization is very important to note the
direction towards success for them.
• The growth of tourism is much evident in terms of their profits. The scrutiny of
the organization has been done properly so the different issues can be
highlighted. The stakeholder management of the organization has been discussed
here as well in this paper.
• The role of the stakeholder relationship management and its role in Ngai Tahu
Holdings have been discussed here properly.
• The company will look to take the advantage of their market reputation to
improve their business.
TASK 1
• The organization deals with a variety of sectors ranging from
seafood, farming to the sectors of tourism and property.
• The business system of the organization, Ngai Tahu Holdings
are run by the hard working employees of the organization.
• They have a good number of customers and they have no
problems of the stakeholders whether internal or external.
They provide the customers the best of their products and
services (Knox, Marston & Imort, 2016).
• They do not require large amount of raw materials as most of
them are produced by themselves in their own farmland.
• The organization deals with a variety of sectors ranging from
seafood, farming to the sectors of tourism and property.
• The business system of the organization, Ngai Tahu Holdings
are run by the hard working employees of the organization.
• They have a good number of customers and they have no
problems of the stakeholders whether internal or external.
They provide the customers the best of their products and
services (Knox, Marston & Imort, 2016).
• They do not require large amount of raw materials as most of
them are produced by themselves in their own farmland.
TASK 1. CONTD.
• The organization has been functioning well to achieve
the missions and vision as stated by them.
• The organization has value system, mission and
objectives, the structure of the organization, corporate
culture and the functioning of the top level managers
of the organization.
• The excellent value system and other such aspects of
the organization helps the organization to improve the
production of its goods and services and the
management of the organization.
• The organization has been functioning well to achieve
the missions and vision as stated by them.
• The organization has value system, mission and
objectives, the structure of the organization, corporate
culture and the functioning of the top level managers
of the organization.
• The excellent value system and other such aspects of
the organization helps the organization to improve the
production of its goods and services and the
management of the organization.
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TASK 2
• Ngai Tahu Holdings are in line with developing the mechanism for the growth
of the tribes in New Zealand. This is why they have to depend on their
stakeholder support as well.
• The internal and external stakeholders are very much active to provide them
with the proper support so they can implement the different strategies for
the overall development indeed.
• The internal stakeholders can be considered as the employees who look upon
all the matters of the day to day operations of the company. All the
employees work very hard to achieve the goals of the organization.
• The organization hires the most competent employees so they can yield the
best benefits for the organization.
• Other internal stakeholders are the suppliers of the organization who provide
the best quality products for preparation of the sea food and catering to the
needs of development in tourism.
• Ngai Tahu Holdings are in line with developing the mechanism for the growth
of the tribes in New Zealand. This is why they have to depend on their
stakeholder support as well.
• The internal and external stakeholders are very much active to provide them
with the proper support so they can implement the different strategies for
the overall development indeed.
• The internal stakeholders can be considered as the employees who look upon
all the matters of the day to day operations of the company. All the
employees work very hard to achieve the goals of the organization.
• The organization hires the most competent employees so they can yield the
best benefits for the organization.
• Other internal stakeholders are the suppliers of the organization who provide
the best quality products for preparation of the sea food and catering to the
needs of development in tourism.
TASK 2. CONTD.
• Stakeholder management is a very important thing for the
business organizations in the contemporary times (Bourne,
2016).
• The stakeholder management for the organizations depends
on the building of the proper relationships with the target
audience and the people who are very important in this
section.
• Some important issues that are related with the business
organizations and stakeholder management are the
stakeholder identification, stakeholder analysis,
stakeholder communication (Bourne, 2016).
• Stakeholder management is a very important thing for the
business organizations in the contemporary times (Bourne,
2016).
• The stakeholder management for the organizations depends
on the building of the proper relationships with the target
audience and the people who are very important in this
section.
• Some important issues that are related with the business
organizations and stakeholder management are the
stakeholder identification, stakeholder analysis,
stakeholder communication (Bourne, 2016).
TASK 3
• The Stakeholder Relationship Management is the most critical
component that is adopted by an organization so that the project,
program or the activity taken by the organization is delivered to
client successfully.
• The management helps the organization to create positive
relationships with the stakeholders through appropriate management
techniques and on the expectations and the objectives of the
stakeholders (Bourne, 2016).
• The management of the stakeholders help in increasing the
reputation or the goodwill of the firm and also helps the managers to
take better decisions and involve in better decision making process.
For instance, the organization or the company in discussion,
• The Stakeholder Relationship Management is the most critical
component that is adopted by an organization so that the project,
program or the activity taken by the organization is delivered to
client successfully.
• The management helps the organization to create positive
relationships with the stakeholders through appropriate management
techniques and on the expectations and the objectives of the
stakeholders (Bourne, 2016).
• The management of the stakeholders help in increasing the
reputation or the goodwill of the firm and also helps the managers to
take better decisions and involve in better decision making process.
For instance, the organization or the company in discussion,
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TASK 3. CONTD
• The significance of viable partner and network
commitment in the arranging and execution of
undertakings requires a comprehension of managing host
networks and key partners, especially the individuals
who speak to an apparent danger to your task.
• This is frequently an issue for venture supervisors and
inability to hit the nail on the head can be expensive as
far as open contention, postponed or surrendered
ventures – and in addition risking harmed professions,
notorieties and connections.
• The significance of viable partner and network
commitment in the arranging and execution of
undertakings requires a comprehension of managing host
networks and key partners, especially the individuals
who speak to an apparent danger to your task.
• This is frequently an issue for venture supervisors and
inability to hit the nail on the head can be expensive as
far as open contention, postponed or surrendered
ventures – and in addition risking harmed professions,
notorieties and connections.
CONCLUSION
• This paper can be concluded by saying that the internal and external
business environments are very important for the betterment of the
organization.
• The organization will look to get the best benefits for them by
managing their stakeholders in a better way. The strategies for the
internal growth of the organization have been discussed here as well.
• The ways the organization can improve their effectiveness and brand
reputation will be highlighted in this matter.
• The stakeholder relationship management for Ngai Tahu Holdings
has been discussed to understand how they can better their services
indeed. The business sustainability for the organization has been
focused in this paper.
• This paper can be concluded by saying that the internal and external
business environments are very important for the betterment of the
organization.
• The organization will look to get the best benefits for them by
managing their stakeholders in a better way. The strategies for the
internal growth of the organization have been discussed here as well.
• The ways the organization can improve their effectiveness and brand
reputation will be highlighted in this matter.
• The stakeholder relationship management for Ngai Tahu Holdings
has been discussed to understand how they can better their services
indeed. The business sustainability for the organization has been
focused in this paper.
REFERENCES
• Andriof, J., Waddock, S., Husted, B., & Rahman, S. S. (2017). Unfolding stakeholder engagement. In Unfolding stakeholder
thinking (pp. 19-42). Routledge.
• Bourne, L. (2016). Stakeholder relationship management: a maturity model for organisational implementation. Routledge.
• Bourne, L. (2016). Stakeholder relationship management: a maturity model for organisational implementation. Routledge.
• Fassin, Y. (2012). Stakeholder management, reciprocity and stakeholder responsibility. Journal of Business Ethics, 109(1), 83-
96.
• Forbes, L. P. (2013). Does social media influence consumer buying behavior? An investigation of recommendations and
purchases. Journal of Business & Economics Research (Online), 11(2), 107.
• Glasson, J., & Therivel, R. (2013). Introduction to environmental impact assessment. Routledge.
• Grant, R. M. (2016). Contemporary strategy analysis: Text and cases edition. John Wiley & Sons.
• Knox, P. L., Marston, S. A., & Imort, M. (2016). Human geography: Places and regions in global context. Pearson.
• Li, D. Y., & Liu, J. (2014). Dynamic capabilities, environmental dynamism, and competitive advantage: Evidence from
China. Journal of Business Research, 67(1), 2793-2799.
• Mulliner, E., Smallbone, K., & Maliene, V. (2013). An assessment of sustainable housing affordability using a multiple
criteria decision making method. Omega, 41(2), 270-279.
• Parsons, R., Lacey, J., & Moffat, K. (2014). Maintaining legitimacy of a contested practice: How the minerals industry
understands its ‘social licence to operate’. Resources Policy, 41, 83-90.
• Soltani, A., Hewage, K., Reza, B., & Sadiq, R. (2015). Multiple stakeholders in multi-criteria decision-making in the context
of municipal solid waste management: a review. Waste Management, 35, 318-328.
• Wayne Gould, R. (2012). Open innovation and stakeholder engagement. Journal of technology management &
innovation, 7(3), 1-11.
• Wolf, J. (2014). The relationship between sustainable supply chain management, stakeholder pressure and corporate
sustainability performance. Journal of business ethics, 119(3), 317-328.
• Andriof, J., Waddock, S., Husted, B., & Rahman, S. S. (2017). Unfolding stakeholder engagement. In Unfolding stakeholder
thinking (pp. 19-42). Routledge.
• Bourne, L. (2016). Stakeholder relationship management: a maturity model for organisational implementation. Routledge.
• Bourne, L. (2016). Stakeholder relationship management: a maturity model for organisational implementation. Routledge.
• Fassin, Y. (2012). Stakeholder management, reciprocity and stakeholder responsibility. Journal of Business Ethics, 109(1), 83-
96.
• Forbes, L. P. (2013). Does social media influence consumer buying behavior? An investigation of recommendations and
purchases. Journal of Business & Economics Research (Online), 11(2), 107.
• Glasson, J., & Therivel, R. (2013). Introduction to environmental impact assessment. Routledge.
• Grant, R. M. (2016). Contemporary strategy analysis: Text and cases edition. John Wiley & Sons.
• Knox, P. L., Marston, S. A., & Imort, M. (2016). Human geography: Places and regions in global context. Pearson.
• Li, D. Y., & Liu, J. (2014). Dynamic capabilities, environmental dynamism, and competitive advantage: Evidence from
China. Journal of Business Research, 67(1), 2793-2799.
• Mulliner, E., Smallbone, K., & Maliene, V. (2013). An assessment of sustainable housing affordability using a multiple
criteria decision making method. Omega, 41(2), 270-279.
• Parsons, R., Lacey, J., & Moffat, K. (2014). Maintaining legitimacy of a contested practice: How the minerals industry
understands its ‘social licence to operate’. Resources Policy, 41, 83-90.
• Soltani, A., Hewage, K., Reza, B., & Sadiq, R. (2015). Multiple stakeholders in multi-criteria decision-making in the context
of municipal solid waste management: a review. Waste Management, 35, 318-328.
• Wayne Gould, R. (2012). Open innovation and stakeholder engagement. Journal of technology management &
innovation, 7(3), 1-11.
• Wolf, J. (2014). The relationship between sustainable supply chain management, stakeholder pressure and corporate
sustainability performance. Journal of business ethics, 119(3), 317-328.
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