A Description Of The Entities Showing And Their Attributes

The first key group of stakeholders are the employees. These include both managers and regular employees at all levels of the organization. The managers are in charge of overseeing certain departments within the corporation. Managers must also work to implement the company strategy and work towards accomplishing the company’s

As companies continue to try to come up with a plan for remaining profitable, some are overlooking one of their best opportunities due to their short sightedness and obsession for short term gain. It is the very asset which most firms claim is their most important and the one which provides them their competitive advantage. It is also, in some companies, the asset which is most mistreated and neglected as it is the most costly. It is the company’s employees. I don’t know of any company which would not state that employees and their knowledge of the company, its products and services, processes,

Products= something that is made to be sold, esp. something produced by an industrial process.

As the Company promotes good corporate governance, the employees are committed in maintaining a high level of transparency or openness for

People who need to purchase can purchase the products that they precisely require. Very very specific products are available as per the requirement of the consumer for example if a consumer says that he or she require Smartphone than of Sony than in a budget of 10000, they provide that as per the availability. If a consumer wants a product that is very old but some feeling is attached to that so this can be done.

Issue #2: A “key employee” is general someone who has certain responsibilities and receives over $150,000 in compensation from the organization and any related organization. (See below for complete explanation)

* Ownership – organizations do not own their employees as they do their physical assets;

There are various ‘products’ some name it components or levels that constitute a product offered by a company. These can be described as core product, actual product, augmented product and potential product.

The company has effective HR strategies which help in building range of products categories. Since the company has been growing steadily, employees with a big investment undertake number of projects from different contractors (Hackman and Lawler, 2001). The company has been facing several employment issues which has always been dealt by Susan and her personal assistant who plays full time personnel management role. Myatt (local branch secretary of the CIPD) has been playing sincere role as she is very much committed towards supporting all development opportunities and she always encourage non technical staff members to upgrade skills level. She is also involved in several HR activities such as selection, recruitment and she aims to emphasize recruiting only skilled and talented workforces (Gannon and et. al., 2012). This states that she helps the organization to focus on employee retention strategy so as to acquire market share and high growth. To manage the employees in

The role of employer or management is very important in employee relation as they are responsible to make planning, organizing, leading and controlling the workforce, increase motivation, engaging employees and develop or avoid relation with trade union in order to enable organization to achieve their goals effectively and efficiently (Marchington & Wilkinson, 2008). Either management can adopt centralized system where participation of employees ignored in making policies and procedures or

The term "product" refers to tangible, physical products as well as services. A product is everything one receives in an exchange,

In this the manufactured product is finalized by the franchisor and then he/she give the right to wholesaler that he/she will be responsible for the promoting, packing or selling of the product.

Product can be different object for different people like for customer product is mix of utilities because customer expects some uses from product.

Employees play a crucial part in the organisation, as they are ones who carry out the labour that needs to be done in order for the organisation to exist. Without this particular stakeholder no other stakeholder would meet their objectives therefore it’s of high importance to meet the objectives of the employees.

Human Resource: The knowledge, experience as well as potential of company employees are the major component of success. Therefore, company should devote special focus to the recruitment of employees as well as get involved in the training to create