Here is the synopsis of our sample research paper on The Influence of Stakeholders and Shareholders on Strategy At Marks & Spencer. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 52 page paper looks at the UK retail firm Marks and Spencer (M&S) and considers how the strategies are influenced by shareholders and stakeholders. The paper reviews a range of relevant throes looks at the way interest of these groups may impact and be reflected in the organizations strategies. Then the organization is examined looking at the general approach and specific strategies to asses the different influences in line with the theory. The bibliography cites 33 sources.
Page Count:
52 pages (~225 words per page)
File: TS14_TEsharemarks.rtf
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Unformatted sample text from the term paper:
2.2.1 The Shareholder Approach 9 2.2.2 Stakeholder Approaches 13 2.3 Directors Duties 18 2.4 Potential Strategic Approaches 21 2.4.1 Profit Maximization 22 2.4.2 Alternate Strategies 23 3. Marks and Spencer Plc. 31 3.1 Firm History 32 3.2 Strategies at M&S 35 3.2.1 Supply Chain Strategy - Relationships with Suppliers 35
3.2.2 Marketing Strategy - Relationship with Customers 37 3.2.3 HRM Strategies - Relationship with Employees 42 4. Assessment of the Influences 47 Glossary 53 References 54
1. Introduction 1.1 Introduction Theoretically, firms are run in the interests of their shareholders; as such it would be expected that shareholders would have a high level of
influence as they are the owners of the firm and the management work on their behalf (Howells and Bain, 2007). In the majority of cases the shareholders will be investing
for a profit, as such it would be expected that management would adopt strategies to meet that goal. However, achieving a profit is not always straightforward; in order to make
sales the firm has to be able to satisfy the needs and/or desires of the costumers, these may be in terms of the product, but ca also extend into areas
such as firm values and corporate responsibility (Chyssides and Kaler, 1998). More remote stakeholders may be able to impact on that process, especially if they have power within or through
in the media and may influence the perception of the firm, which in turn may influence sales (Chyssides and Kaler, 1998). The management themselves are also stakeholders in a firm,
and as such they may have views on the way that a firm is run and seek to undertake actions in their own interests, or influence the values that they
feel the firm should adopt, in turn these may be impacted by outside forces. When examining the way strategy is formulated it appears that there are many influences, the
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