Case Study of Boots Plc

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Case Study of Boots Plc

Boots Plc have various kinds of stakeholders in their business who do

various kinds of jobs suitable for which group there are in. Like any

other Plc their stakeholders at least have a say in the business

depending their role. E.g. shareholders have a bigger say than the

employees who have very little say in the business. Boots Plc have the

following external stakeholders in their businesses that play

different roles between them are: -

Ø Pressure Groups

Ø Local Community

Ø Government

Ø Financers (Banks/Creditors)

Ø Suppliers

Ø Customers

Although they have external stakeholders in their business the must

have internal stakeholders for them to run their business properly and

be successfully at the same time. These internal stakeholders are

similar to external because they have different roles to play between

them and are essential for the business. These internal stakeholders

who help the business are: -

Ø Employees

Ø Owners

Ø Managers

Roles of external Stakeholders and their influences

Pressure groups

Pressure Groups play a huge part in Boots Plc as they try and help

employees or any other people having problems. (E.g. if 400 employees

are sacked, Pressure Groups try and do the right thing by trying to

get all the jobs back for people who have lost them).

"Trade union Usdaw is to hold talks with management at Boots to

discuss today's announcement that 900 jobs are to be lost at its

Nottingham head office. We are seeking urgent talks with the company,

with a strong emphasis on protecting jobs. Although it was not

unexpected, this remains a devastati...

... middle of paper ...

...holders. Junior employees in Boots Plc don't

have a bigger say than the mangers who also have a say in how the

business is run. Manager's expectations are the following: -

Ø Reputation is vital so the managers want to have a good reputation

for being successful locally and nationally

Ø Working in a business that is constantly growing

Ø Also want a greater role in making decision

Managers of Boots Plc are responsible for the efficiency of running

the business. Manager of Boots Plc have the power to be innovative.

The managers can also be responsible for the failure or the success of

Boots Plc than the owners. It is important that the owners are

appointed with care and are properly rewarded for their management

abilities. This is why senior managers can attract very high salaries,

for their management skills.

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