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- QUESTION
Anonymous
Assessment 2 Topic 2
COLLAPSE
Assessment 2 Topic 2
For Assessment 2 you are required to participate in the discussion on the Discussion Forum in Discussion Topics 1-4. Your contributions to the Discussion Forum will be graded as part of your overall report.
In 300-400 words, using your example organisation from Discussion Topic 1, identify the 5 most important external stakeholders in the organisation. Assess their interests and influence in the business.
Please open link and do the assessments 400 words
Do assessment 2 Topic 2
Please open link and do the assessments 400 words
https://laureate-au.blackboard.com/webapps/discussionboard/do/message?action=list_messages&course_id=_88652_1&nav=discussion_board&conf_id=_150947_1&forum_id=_835337_1&message_id=_2003865_1
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Answer
5 Most Important External Stakeholders in BDO Australia
Stakeholders are those individuals and groups of people that are likely to be affected by the actions and policies of an organization (Eskerod & Larsen, 2018). The following are the 5 key external stakeholders in BDO Australia as well as an assessment of their interests and influence in the business.
- Clients: the customers are the first class of stakeholders who wield so much power. The clients have the power to reject any changes in the quality of services provided by BDO Australia. There interests include being provided with quality services. Also, they influence BDO Australia because their feedback is used to better the services provided by the company (BDO Australia, n.d). Additionally, any complaints from the customers can have reputational damages in BDO Australia.
- Shareholders: the second groups external stakeholders in BDO Australia are the shareholders of the company. In specific, the shareholders have the interests of profitability from the operations of the company. Additionally, they want the success of the business through sustainable operations. Also, they can influence the company by approving various policies that affect the business operations. Moreover, they affect the company’s projects and hence can influence the company going forward.
- Staff of The Organization: the employees of BDO Australia are the third stakeholders who can affect the operations of BDO Australia. The interests of the employees include fair remuneration and a conducive working environment (BDO Australia, n.d). Additionally, they are interested in knowing whether the company can employ them sustainably. However, they have a high influence in terms of productivity and the quality of services that they provide to the clients.
- Competitors: this group come forth in terms of the priorities of the external stakeholders. The interests of the competitors are to attract may clients from BDO Australia and have an edge in terms of competitiveness. Additionally, they want to have a good reputation so that they can continue enticing new clients. Their influence is limited because they can only impact BDO Australia by providing stiff competition in terms of their services.
- Regulator: the regulator within the industry that BDO Australia is in has an interest of ensuring that the company’s business operations are within the law. The influence of the stakeholder is that the regulator can frustrate the operations of the company if BDO Australia is found to have flouted various legal and regulatory requirements.
References
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BDO Australia. (n.d). Why BDO. Retrieved from https://www.bdo.com.au/en-au/about/bdo-in-australia/why-bdo
Eskerod, P., & Larsen, T. (2018). Advancing Project Stakeholder Analysis by The Concept ‘Shadows of The Context’. International Journal of Project Management, 36(1), 161-169.
Appendix
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Appendix A:
Communication Plan for an Inpatient Unit to Evaluate the Impact of Transformational Leadership Style Compared to Other Leader Styles such as Bureaucratic and Laissez-Faire Leadership in Nurse Engagement, Retention, and Team Member Satisfaction Over the Course of One Year
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