MGT501: Internal and External Stakeholder Analysis - Management Assessment Answer

Subject Code: MGT501 Internal Code: 1AGEBH

Management Assessment Answer

TASK: This assessments addresses the following Subject Learning Outcomes:

1. Analyse and synthesise the fundamentals of business in the contemporary environment.
2.  Construct and Justify a professional value proposition as a business practitioner.

Presenting a business example and contributing to the discussion forum, you will: ? identify and analyse functional areas in the business ? identify and analyse the internal and external stakeholders ? compare two industries with each other ? create a stakeholder matrix ? discuss chosen stakeholders and industries in the context of relevant theories and frameworks. PESTLE is a good tool to use to help you identify all stakeholders. By considering political, economic, social, technological, legal and environmental/ethical factors and how they relate to the business, it’s easy to identify stakeholders.

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