P2- Describe the different stakeholders who influence the purpose of two contrasting businesses. A stakeholder is anyone with an interest in a business. Stakeholders are individuals‚ groups or organisations that are affected by the activity of the business. There are two different types of stakeholders; internal and external. Internal stakeholders are groups within the business e.g owner/workers and employees. External stakeholders are local and national communities and governments‚ these are
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Typical stakeholders in a organisation might include • Customers: customers want value for money which involves providing the highest quality products at competitive prices. • Employees: Their stake is that the company provides them with am livelihood. They want security of employments‚ good rates of reward and also promotional opportunities. • Suppliers: They want to feel valued by the company and want frequent orders with prompt payments. • Owners: In a company it would be the shareholders
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PA R T I From Ethical Foundation to Addressing Stakeholder Needs Chapter 1. The Foundation of Ethical Thought Chapter 2. The Evolving Complexities of Business Ethics Chapter 3. Stakeholders and Corporate Social Responsibility 1 C H A P T E R 1 The Foundation of Ethical Thought The biggest corporation‚ like the humblest citizen‚ must be held to strict compliance with the will of the people. —Theodore Roosevelt We demand that big business give people a square deal; in return we must insist when
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External Factor Evaluation Paper Example 1: Dell Computer Key External Factors Opportunities Increasing demand for Speed‚ Memory and Graphic Capability Increasing demand for Portability Emergence and early popularity of "Tablet" Products Improving outlook for PC sales Increasing focus on cost reduction Increased Use of Wireless Technology Increase in Strategic Acquisition Increasing Demand for Green Products Weight Rating Weighted Score 0.1 0.08 0.12 0.07 0.1 0.07 0.07
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report‚ to merge files in queries‚ to merge files in master file maintenance‚ to make searches easier‚ to prioritize‚ etc. Chapter 05 External Sorting Algorithms Internal vs External Sorts Internal Sort – sorting items entirely in main memory ICS 2‚ ICS 3‚ CS 101 External Sort – sorting files in secondary storage using main memory CS 102 Why external sort ? Some files may be too large to fit in main memory Some Terminologies A Pass – an iteration that goes through the items (or records)
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THE INTERNAL ASSESSMENT OUTLINE | The Nature of an Internal Audit | | Integrating Strategy and Culture | | Management | | Marketing | | Finance/Accounting | | Production/Operations | | Research and Development | | Management Information Systems | | The Internal Factor Evaluation (IFE) Matrix | OBJECTIVES After studying this paper‚ you should be able to do the following: 1. | Describe how to perform an internal strategic-management audit. | 2. | Discuss
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There are five different stakeholders of a company compensation system and the human resource department provides them within and outside the companies. They are as follow: Employees‚ line managers‚ executives‚ unions‚ and US government. Stakeholders is performance-based compensation that focuses everyone in an organization on long-term while providing unlimited compensation opportunities for those who make it happen. This will create a strategic planning and compensation in an organization
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Kentucky Fried Chicken There are many stakeholders of KFC the main ones are Employees‚ Customers‚ Delivery services‚ Contracted Vending Companies‚ suppliers and Contracted Cleaning Companies. Employees- • Employees are important stakeholders in the business as they provide the service to the customer who eats at KFC. Without well trained staff the business would not run smoothly. The interest of the staff would be to make sure they have a secure job and a steady wage. If employees
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BUS475 Week 3 Knowledge Check Personalized Study Guide Results: Score: 17 / 18 Concepts Mastery Questions Stakeholder Influence 67% 123 Ethical Differences 100% 456 Rules of Ethical Decision Making 100% 789 Laws Affecting Business Commerce 100% 101112 Laws Affecting Business Occupation 100% 131415 Laws Affecting Business Organization 100% 161718 Concept: Stakeholder Influence Mastery 67% Questions 123 Materials on the concept: Stakeholders and Business Ethics 1. Which of the following people or
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Leadership and management in adult care are significantly influenced by internal and external drivers. To ensure the best results‚ they must adapt to changing legislation‚ technological developments and cultural expectations. They can successfully navigate the difficulties that arise in the ever-changing field of adult care by remaining knowledgeable and adaptable. Not only do they need to ensure that staff are motivated and well-trained‚ but they also need to be flexible enough to adapt to changes
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