Business Environment and Stakeholder Influence: Allan Reeder Report

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This report provides a comprehensive analysis of the business environment and stakeholder influence on Allan Reeder, a UK-based dairy supplier. It begins with an introduction to the business environment, encompassing internal and external factors impacting the organization and its stakeholders. The report then delves into an analysis of Allan Reeder's key stakeholders, including suppliers (farmers), transporters, employees, and investors, highlighting their roles and impact on business practices. It examines the influence of these stakeholders on company goals, particularly the impact of suppliers on milk quality and the importance of maintaining strong relationships. The report further explores different approaches to performance management within the context of Allan Reeder. It concludes with recommendations for improving business practices, such as utilizing technology to check milk quality and promoting environmental awareness among stakeholders, and references relevant literature.
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BUSINESS ENVIRONMENT
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TABLE OF CONTENTS
PART B
Introduction
Analyse of the internal and external stakeholder on business practice
of organisation
Influence of stakeholder on business practice
Different approaches to performance management
Recommendation
CONCLUSION
REFERENCES
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INTRODUCTION
The term business environment undertakes all internal and external factors
that impact on organisation operations and its stakeholders. From
perspective of an enterprise business environment consists of macro
environment aspects related with business such as political, social etc.
This report is written from perspective of Allan Reeder which is the
largest supplier of dairy products in UK along and it is a family business
that deals with customers on basis of individual factor (Belás and et. al.,
2015). Moreover, this report highlights on internal and external
stakeholders of business and its influence on business practice. Benefits
to engage right stakeholders in business functions will also include in this
report.
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Analyse of the internal and external stakeholder on business
practice of organisation
According to the Stephanie Missonier, 2014 Stakeholder engagement is defined
as a process that is related with business goal that it is utilised by an organisation
for engaging relevant stakeholders. So the accepted and better outcomes are
formulated from business operations and functions. Moreover, according to
present market conditions stakeholder engagement process encompass between
company practices and participants for completing project in an appropriate
manner. Some of the essential stakeholders of Allan Reeder are mention as
follow:
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CONTINUE..
Supplier- Farmers are the best example of supplier stakeholder in a
dairy operated organisation that is leading business to complete their
work in an appropriate manner. Like, Allan Reeder ensures that the milk
quality must be accurate and right for its dairy products. In context of
relationship organisation maintain right relationship with its company by
providing fair price for the purchase of raw-materials. Further, supplier
are the external stakeholder so managers monitor on company operations
constantly to work with right strategy.
Transporter- The main role of Allan Reeder stakeholders relates with
the transporter it is because organisation deals in perishable products
(Deasy and et. al, 2016). So at the time for delivery of products must be
low due to which individuals or customer are able to complete their work
with good quality products.
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CONTINUE…
Employees- Internal stakeholders such as workforce and employees
perform an important role for organisation that is leading business for
completion of work according to decided goals (Herbert, 2016). In the
context of Allan Reeder organisation is operating business with engage of
family member. So it easy for management to monitor all work which
also helps to provide right direction for all employees. Moreover, for
developing right relationship respective organisation provide right
direction to its employees to adhere better practices in company.
Investor- Investors are considered as one of the most important
stakeholder for organisation because they provide funds for completing
organisation work.
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Influence of stakeholder on business practice
Stakeholder plays an important role for the organisation which leads
management to accomplish their goals and objectives in decided time
period. Further, it also refers that both parties play an important role in an
organisation which is leading management for selecting right techniques and
resources for performing business operations. Farmer who supplies milk to
Allan Reeder impacts on goals of company because the model of respective
organisation relates with use heavy machine to manufacture products in
large quantity (Moroni, Arruda and Araujo, 2015). But for a single farmer it
is complex to fulfil company need so various farmer are engage for fulfil of
demand. This impact on milk quality it refers supplier influence business
policy of Allan Reeder.
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DIFFERENT APPROACHES TO
PERFORMANCE MANAGEMENT
The performance management is the process through which the business
will get more ensure about the various set of activities that is performed to
gain higher achievements in the business with the systematic manner. It is
the procedure through which the goals and the target of an organisation will
get achieved with more effectiveness and with better efficiency. It will get
worked within the company to manage the performance of the business that
includes all the different department, employees and the different processes
that will get implement to gain more profitable outcomes. There are some
different approaches of the performance management that is as defined
below as:
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Recommendation drawn for right position of business
With analysis of stakeholder engagement in the organisation it is identified by
management that all operations are completed with engaging stakeholders in
company. Some recommendations for Allan Reeder are mention as follow:
With the help of right machine tools it is easy for organisation to check milk
quality. So it is recommend to Allan Reeder that they should utilise Agro
ecological production because it reduce the contaminate milk and also with
decide of benchmark organisation is able to collect milk of similar quality from
different farmers (Sayer, 2014).
Another recommendation relates with environment aspect like if all stakeholders
are aware for completion of work according to environment safety than it is easy
for management to enhance product quality and goodwill by completing all
work in an ethical manner.
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CONCLUSION
In the last, with the above report it is concluded that stakeholders perform an important
role for organisation that is leading management to perform their decided action.
Internal and external stakeholders both work as an important part for business and it
aids to monitor and understand business environment in order to formulate policy
which minimise the impact of dynamic environment on organisation. In the last, with
monitoring business practice and stakeholder some recommendation are also given to
perform business in an accurate manner.
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REFERENCES
Belás, J and et. al., 2015. The business environment of small and medium-
sized enterprises in selected regions of the Czech Republic and Slovakia. E+
M Ekonomie a Management.
Deasy, S and et. al, 2016. Controlling use of a business environment on a
mobile device. U.S. Patent 9,247,042.
Herbert, J., 2016. Negotiating boundaries in the city: Migration, ethnicity,
and gender in Britain. Routledge.
Moroni, I., Arruda, A. and Araujo, K., 2015. The design and technological
innovation: how to understand the growth of startups companies in
competitive business environment. Procedia Manufacturing, 3, pp.2199-
2204.
Sayer, F., 2014. Politics and the Development of Community Archaeology
in the UK. The Historic Environment: Policy & Practice, 5(1), pp.55-73.
Wetherly, P., 2014. The business environment: themes and issues in a
globalizing world. Oxford University Press.
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