This report provides a comprehensive analysis of Woolworths' business environment, focusing on stakeholder analysis. It examines the functional areas within Woolworths and their responsibilities, emphasizing the importance of stakeholder engagement for business operations. The report identifies both internal stakeholders, such as employees, managers, and the board of directors, and external stakeholders, including customers, suppliers, and government bodies. It delves into the roles and influence of key stakeholders, particularly the Board of Directors, employees, and suppliers, on Woolworths' business sustainability. The analysis highlights the significance of stakeholder value and the implications of conflicting interests, comparing stakeholder value between the Australian retail and banking sectors. The report references stakeholder theory to explain how Woolworths engages with its stakeholders to maintain its business sustainability.
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