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E.L.F. Beauty Stakeholders

Pages:
3 page
Sources:
1
Solution:
Solution Available NOW
Subject:
BUSINESS & MANAGEMENT
Language:
English (U.S.)
Date:
Total cost:
$ 10

INSTRUCTIONS:

 (https://corporatefinanceinstitute.com/resources/knowledge/finance/stakeholder/)

  • Writing Criteria:
  • Use 12 point font/ Double spaced/Times New Roman Font
  • 3 pages maximum (not including charts and references)
  • Text citations and references
  • Spell-check and grammar check carefully

Answer the following questions for each of the stakeholders in regards to E.L.F. Beauty- Customers, Suppliers, Investors Communities, Employees. 

 

1. How does this stakeholder add economic, social, and ecological value for the company?

2. What does the company provide this stakeholders in return?

3. What are this stakeholders’ top priorities?

4. In what ways are they aligned with those of the other stakeholders?

5. In what ways are their priorities distinctly different from the other stakeholders?

SOLUTION:

E.L.F. Beauty Stakeholders

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E.L.F. Beauty Stakeholders

Among the stakeholders in E.L.F., customers form a big portion and are very instrumental in the company. Customers economically raise the revenues of the company through the purchase of products. They are the consumers of the beauty products that E.L.F. produces. Socially customers give E.L.F. a good image and reputation, and this is done through referrals and word of mouth. Customers pay value for green products. Customers make purchase ecologically friendly products and thus make the company produce more environmentally friendly and biodegradables. The sustainability of products production is highly influenced by consumers' ability to meet its cost. Suppliers help the company by provision of materials needed in the production; suppliers are essential in the hierarchy of stakeholders in E.L.F. They help the company generate income from sales of final products. Ecologically suppliers help the company in sourcing eco-friendly materials to ensure sustainability. Investors, as usual, are the financiers as they provide capital and assets to t...

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