Potential Conflicts

The stakeholders of a company be the persons, groups, and institutions outright affected by an organization (Schermerhorn, 2010), or one who has a sh be or interest in an enterprise. Stakeholders include management, employees, creative directors, suppliers and sh beholders. The owners of the company argon Louis Kane and Ron Shaich, who both founded Au Bon Pain partnership Inc. in 1993 are stakeholders. They besides purchased the Saint Louis net profit Company and renamed it as Panera saccharide. tom Gumpel, the director of bakery development for Panera Bread is also stakeholders, as well as the employees that work under the company. The employees are, in the Panera Bread Companys case, the hard working mess who organise the dough in a factory and let them to the stores for geological formation and baking. The customers and consumers of the products of the Panera Bread Company are considered stakeholders as well because they are affected by the changes in the profession s uch as the price, the variety of products available, etc. They are the ones who confide for organic and inherent foods, the ones who find trans-fat undesirable and the ones who unknowingly suffice the trends that the Panera Bread Company has to follow.

Competitors such as Starbucks (as mentioned in the article) and other(a) coffee, pastry and bakery shops are stakeholders too because they can directly affect their competitors performance. When Starbucks extendd shrive wi-fi to their customers, Panera followed and did the same. Suppliers are stakeholders too, and they are the ones who deliver the products and pr ovide raw materials. The employees whitet! horn cause potential conflicts of interest that whitethorn affect the Panera Bread Company. Employees that sell the secrets of the company to its other competitors would counterbalance the company. Supplies bribed by competitors to adjudge late deliveries to the company and food critics laying waste the companys reputation may also be conflicts of interest.If you want to pull a unspoilt essay, order it on our website: OrderCustomPaper.com

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