Business Level 3 Unit 1 M1

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M1 I will be identifying two different stakeholders in the BBC organisation. I will be talking about the points of view these stakeholders have on each organisation and how they impact the aims and objectives of each organisation. If you are a stakeholder in an organisation it simply means that you have a specific interest in the business you also know the outcome of the business but this also means that if your needs are met you will have a wonderful effect on the business’s aims and objectives. What is the BBC? The BBC is a public company whose purpose is to provide a service without the intent of making a profit. The aims and objectives they have differ from the initial purpose the company was created, but the aims and objectives help the company fulfil the purpose more efficiently. As an owner the influence must be vital for the customers concerns and also employees. Simply because the owner is the stakeholder who runs things within the business organisation. So if anything goes wrong, for example if the BBC organisation was shut for a full one whole day it would affect the organisation a lot because the customers expect to see the broadcasts, hear the radio and read the online. It would affect the business because many people would send complaints to BBC explaining that it did not meet their requirements because they were shut down and it would affect the owner because questions would be asked if he is doing his job right or not which action would be taken. As BBC owners they would need to be the most interested in all aspects of the organisation services that the BBC provide the highest quality service in the broadcasting industry, simply because if they do not provide the outstanding quality this may result in losing views and ratings. Without people watching, looking and hearing the services BBC provide they would lose money which is a big loss for

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