Structure of the Company - Relationships between the Board of Directors and the Stakeholders - Business Assignment Help

Assignment Task:

Task 1. Describe the structure of the company, its management and how it is governed. 

(A) An overview of your chosen company including its history and the organizational structure. How is the company managed nationally,  and/or internationally? 

(B) Brief discussions of how the company is governed.

- The company is governed by a Board of Directors; therefore, it has a hierarchical structure.

- How many directors are on the Board? How many of them are executive and non-executive directors?

- Who is the Chairperson of the company, and who is the CEO. When were they elected and appointed?

- Discuss the relationships between the Board of Directors and the stakeholders, for example, with the:

(a) shareholders

(b) employees and,

(c) customers.  

Task 2. Evaluate the importance of PESTEL analysis for a business organization. Why is it important for organizations to carry out PESTEL analysis? 

Task 3. Use the PESTEL framework to analyze the external environment of your chosen company.

(A) Make a list of the Political, Economic, Social, Technological, Environmental and Legal (PESTEL) factors that influence the environment of your chosen company         
Examples are:

- Political - Change of government

- Economic – High rate of inflation

- Social – Increased rate of immigration or emigration, changes in behaviors

- Technological – Automation

Environmental – Climate

- Legal – Changes in law.

(B) Apply a minimum of two factors under each heading you have listed to your chosen company. Give relevant practical examples to illustrate your points.

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