Questions On The Environment For My Image Consulting Business

MGMT 1000 Stakeholders Exercise YOUR TASK: †¢ Read the NewMindsets resource - â€Å"Adopt the perspectives of key stakeholders† – on the ClevrU platform. †¢ Complete the following questions. Important Note: the focus of the exercise is idea you have for starting a new business – do not use the â€Å"health food store† idea in the NMS example! Find a creative idea for a business YOU want to start, and then see what creative ideas you can learn by doing the stakeholder exercise. †¢ Post the completed work on Moodle by 10pm Sep 22nd. Note: This is a pass/fail assignment. You must submit it on time to pass and get feedback. I will review each assignment and give some general feedback along with a possible grading had the assignment been graded using the†¦show more content†¦See the â€Å"tips† on NMS for support †¦ The five key stakeholders are: †¢ Consumers/ Individuals †¢ Investors and Shareholders †¢ Private Corporations and Professional Firms †¢ Employees †¢ Competitors STAKEHOLDER ANALYSIS: Stakeholder #1:_Consumers/Individuals____________________________________________ Complete the following questions. Be sure to see NMS for â€Å"tips† How does this stakeholder see you? †¢ They will see me as a professional who is willing to help them improve their image in their workplace, school or wherever they may be working How does this stakeholder think about you? †¢ They think that I am grasping for straws as I am trying to raise awareness for my business nevertheless they also think that I am knowledgeable of what I am doing How does this stakeholder act and react to you? †¢ They act eager to read my blog or website. They will also be eager to help in raising awareness for my business What can you learn from these insights? †¢ From these insights, I can learn that the consumers/ individuals are willing to help and they also want to make a good first impression. How will it change what you do in relation to the topic or focus that you have selected for this exercise? †¢ As a result, this will make me rely on them more. This is because due to the relationships I would have established with them, I am able to count on them