Topic > The Role of Proper Stakeholder Analysis for a Business

For any business or startup to thrive, the most important aspect is its usage value by people. The greater the service or product requested, the greater your business and success will be. Even for any business, there is a strong need for the facilities required by customers to be included in the product or service. Many times it happens that startups with a lot of facilities to provide to customers end up failing. Furthermore, as mentioned, for any startup or company it is necessary to carry out an in-depth analysis of the necessary requirements. Furthermore, it is necessary to carry out adequate planning and beta testing before the actual launch. For this process, the easiest way to do this is to get information directly from end users. This can be done in various ways. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Traditionally, people called and responded to people's surveys, but nowadays no one answers such calls. Therefore now, to get public response, polls and polls are conducted online. Therefore it is an easier mechanism to get maximum inputs for any company to design their business and startup. Therefore, for the founders or developers of homestay web portals for tourists offering the best stays at affordable rates, the main business stakeholders are travelers and tourists. Their needs and requirements to be met which are not provided by the current established web portals. Therefore, to accommodate key stakeholders' response views, various methodologies need to be applied. The first reliable method is to prepare a survey that contains only a few questions because many people do not like to fill out long surveys. Surveys should be provided to big companies like Google, etc. that have well-established apps for surveying newly established companies to reach people and help them improve. In addition to that, some rewards must be awarded in any way to people who fill out surveys. Also, if someone shares surveys and the shared person fills out and provides the response, then they should be given other rewards. Nowadays, social media is at its peak. So getting a response from them will help a lot to know the demand of the leading generation of youth and what they want from such portals. Therefore, businesses should create their profile on the social media platform and share their concept on that page. They should also allow users to review them with 5-point stars and comment replies. Therefore, the average points given will help the company to know the likes and dislikes of the people. Furthermore, people's comments will allow them to know the opinions of key stakeholders. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay Only on social platforms, startups can take surveys and short surveys with only specific questions that can be answered in a minute. In addition to these methods, companies should review the comments that are provided on the web portals that currently exist on various platforms regarding the problems they face or what else they need on the portal. Furthermore, before developing the portal, developers should discover that interactive and hassle-free UX that will be more relaxing for users. They should also provide adequate space for reviewing the portal after obtaining the service. These are.