Woolworths Stakeholder Analysis

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. Stakeholder anlaysis
Shiller (2003) believes that stakeholder theory suggests that corporate stakeholders are divided into external stakeholders and internal stakeholders. External stakeholders include investors, creditors, customers and the government. Internal stakeholders include managers and employees and so on. Woolworths Company's stakeholders in the process of canned processed foods are as followed:
① Investors. The interests of investors are derived from capital gains and dividend income. Capital gains are the result of the capital markets business capital prices. Dividend income is closely related with corporate profitability, risk levels, operational efficiency and development potential . Woolworths company's stakeholders include investors.
②Creditors. ② creditors. Creditors of safety integrity and degree of credibility depends on the operating conditions. Interest income is directly related to the profitability of enterprises. Woolworths company's stakeholders include creditors.
③ Government. Government's interest are derived from a variety of paid corporate taxes . These taxes include turnover tax, income tax, property tax, etc, whcih is directly related to the interests of the government and enterprise asset size, incoming levels and profitability.
④ Customers. Customers’ interest are derived from corporate customers good credit and sustainable development.
⑤ Local farmers suppliers. Local farmers’ benefit are obviously from the ongoing recovery of the purchase price and the sales contract.
⑥ Buyers. Buyers’ benefit from quality products, which is related to corporate profitability, repayment capacity and operational capabilities.
⑦ Managers. Managers’ profits are from the quality of managers canned processed...

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...e of bacterial contamination of raw materials subject to environmental pollution, sterilization is not complete, improper storage methods and unsanitary operations.
④ R & D risk
R & D risk is the risk of failure due to the possibility of technology development . Many reasons for failure of food research and development are technical problems and high development costs .New technologies field of food processing are emerging , such as bio-fermentation technology, membrane separation technology, enzyme technology, biomass energy, biomass and other high-tech materials. Application of these technologies also have a lot of uncertainty and risk.
⑤ Financial Risk
Financial risks include general ledger accounting, accounts receivable risk, accounts payable accounting risk, the risk of payroll, fixed assets accounting risk, cash management risk and cost accounting risks.

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