Stakeholders Analysis of Woolworth Supermarket | Business Environment

RUNNING HEAD: BUSINESS ENVIRONMENT
RUNNING HEAD: BUSINESS ENVIRONMENT
BUSINESS ENVIRONMENT
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BUSINESS ENVIRONMENT1
Executive summary
This report aims to analyse the stakeholder of Woolworth Supermarket. The success of
this company depends on the internal stakeholders and external stakeholders of this company.
Though the level of interest of every stakeholder is not similar yet it can be said that it is the
responsibility of Woolworth Supermarket to fulfil the interest of every stakeholder. Every
stakeholder of this company has a different contribution to this company. The level of interest is
identified in this report. By addressing the interest of employees, Board members, investors,
customers, suppliers, government, competitors, and community this organisation can manage its
business in an intensely competitive market.

BUSINESS ENVIRONMENT2
Table of Contents
Introduction:....................................................................................................................................3
Company background:.....................................................................................................................3
Identification of functional areas:....................................................................................................4
Identification of internal and external stakeholders and their roles:............................................4
Identification of the nature and degree of the main stakeholder’s interest and implications of
conflicting interests:.....................................................................................................................7
Identification of the level of the main stakeholder’s influence:................................................10
Stakeholder matrix:....................................................................................................................11
Identification of stakeholder dissimilarities and analysis of the differences in stakeholder
interests and influences:.............................................................................................................12
Conclusion:....................................................................................................................................13
References:....................................................................................................................................14

BUSINESS ENVIRONMENT3
Introduction:
The present business scenario is much more competitive due to the intensity and rate of
competition. Along with the competitive business scenario, the officials of a business
organisation are facing more complicated sets of stakeholders. Identifying the internal and
external stakeholders is important for a business organisation. Stakeholder analysis is important
for a business organisation because it will help the company to fulfil the interest of the key
stakeholders of the company. This report aims to identify the key internal and external
stakeholders of the Woolworth Supermarket. Interest and influence of the stakeholders along
with stakeholder management theories will be identified in this report.
Company background:
Woolworth Supermarket is the biggest super chain of Australia controlled by the
Woolworth Group. In 1924, this supermarket was established. Headquarter of this organisation is
located in Bella Vista, Australia. At present this organisation operates in 3240 stores throughout
Australia with the help of 201,000 team members (Woolworthsgroup.com.au, 2018). Brad
Banducci is the present CEO of this company (Woolworthsgroup.com.au, 2020). The mission of
this company is to deliver the best in convenience, value and quality for the consumers of this
company. The vision of the organisation protects the environment and the Welfare of the animals
(Woolworthsgroup.com.au, 2020). Besides that, this organisation motivates its suppliers and
business partners to become environmentally responsible and follow the core values of
Woolworth Supermarket, which is producing the best quality products in a safe and fair working
condition (Woolworthsgroup.com.au, 2020). Total revenue of this Organisation in 2017 was $56,
726 million (Woolworthsgroup.com.au, 2018).