Thursday, April 18, 2019
Business environment Research Paper Example | Topics and Well Written Essays - 750 words
Business environment - Research Paper Example1.CustomersThese ar the main stakeholders in a disdain since goods and services are made in a mode that their needs can be satisfied. They affect a origin such that their needs form the priming of the business plan to make goods that satisfy these needs. Customers tastes and preferences are also key to the business such that as diverse as their tastes and preferences are, so does the business diversify its products. The business has control over the customers such that the business can influence the customers decisions through pricing, packaging and adding new features to products.2.EmployeesEmployees in an governance are the very important. This is because the employees tending the business management to be able to make products and provide services to its customers. They influence a business by providing the business with work force to undertake their operations. In a situation where the employees down their tools, the organisatio n is not able to provide any goods and services to its customers. However, the business has control over them by making policies, rules and regulations, attractive salaries and social welfare. If the business management uses such control, the employees of the organisation become effective.These are also stakeholders of a business, who provide a business with the raw materials or finished goods that the organisation needs to carry start its business. They affect the business by maintaining a supply chain of making goods available to the business as needed.
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