Report on Role and Importance of Stakeholders in Vodafone Group

Added on - 06 Jun 2020

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STAKEHOLDERMANAGEMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P.1. The role and importance of stakeholders in Vodafone group and the key goals of thebusiness.......................................................................................................................................1TASK 2............................................................................................................................................3P.2. Vodafone group's stakeholders and their relevant power and influences on the business...3TASK 3............................................................................................................................................4P.3. Identify the specific needs and expectations of the various stakeholders groups................4REFERENCES................................................................................................................................7
INTRODUCTIONIn this documentation, we will discuss about to different kinds of stakeholder groups inVodafone group which have some of essential role and responsibilities within the organisation inrespect to accomplishment of their desired goals and objectives and get sufficient dividends fromthe corporation effectively. Furthermore, this study review about several kinds of stakeholdergroups relevant to different organisation types and their work towards the enterprise in order toget desired achievements in the organisation as well. Ultimately, this report define aboutunderstanding of potential needs and expectations of different stakeholder groups which can helpto achievement of organisational goals and objective in sufficient form.TASK 1P.1. The role and importance of stakeholders in Vodafone group and the key goals of thebusinessTHE KEY GOALS OF VODAFONE GROUP:Vodafone is the largest UK country based telecom company in respect of revenuegeneration from 341 million consumers across the world. The company has 40 partnerscorporation at worldwide. The basic goal of the business is that increasing their marker-sharesand profitability from the worldwide market(Sunder, 2016). The company focus on theaccomplishment of organisational goals and objective in more effective manner. The Vodafone'smajor mission statement is that increasing the connectivity of the people at worldwide level.Vodafone represent leading role in connecting people through mobile network andprovide telecommunication services in order to satisfy household and fulfil businessrequirements as well.Vodafone passport customer services help the people to take them abroad by takingroaming charges due to company operation at worldwide level.Vodafone live services major aims to furnish communication and multimedia solutionprovided by the business with the help of mobile phones and notebook computers.Vodafone furnish 3G and 4G services to their customers in order furnish rapid internetand download services around the world (HEN and YANG, 2010).Vodafone main aims to follow on the rapid telecom market and make effective performin the business in order to get better outcomes from their corporation.THE ROLE AND IMPORTANCE OF STAKEHOLDERS IN VODAFONE GROUP1
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