Answer to Question #165902 in Management for Dela

Question

Choose an organization with which you are familiar or one you would like to know more about . Create a table identifying potential stakeholders of this organization, then indicate what particular interests or concerns these stakeholders might have. Create a list of factors in the external environment that could affect the management of the business selected.

Answer 1

Name of the organization

Ford Motor Company

Stakeholders

Customers

Employees

Investors

Communities

Customers interests

Quality innovative products

Safety

Fuel economy

Affordable products

Employees interests

Career development

Equal treatment

Good wages

Opportunities

Job satisfaction

Adequate communication

Incentives

Investors interests

Maximum profits

Business stability

Communities interests

Support for community development

Environmental conservation

Economic development

External factors

·        Governmental support for innovation in technology

·        Growing international agreements on trade

·        Improving governmental effort in developing countries for infrastructure

·        The development of the U.S. economy

·        High rate of growth of developing markets

·        U.S. Dollar strengthening

·        Growing demand for electric and hybrid cars

·        Expanding gap in wealth

·        Growing use of services for online fulfillment

·        The increase in mobile computing use

·        Limited alternative fuel station network

·        Changing the climate

·        Trend for low-carbon

·        Dwindling reserves of oil

·        Regulation on environment protection

·        Increasing regulations on safety

·        Increasing laws on the intellectual property around the world