Shareholder and Stakeholder Over the last decade‚ with the rapid development of business management‚ the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders
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Stakeholder Identification and Analysis What’s in this section? 14 15 16 18 19 20 22 23 24 26 Identify those stakeholders directly and indirectly affected by the project Identify those whose “interests” determine them as stakeholders Be strategic and prioritize Refer to past stakeholder information and consultation Develop socio-economic fact sheets with a focus on vulnerable groups Verify stakeholder representatives Engage with stakeholders in their own communities Remember that government
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There are many factors which have an effect over corporate strategy other than the organisations stakeholders which can influence the management decision process and the corporations strategy. The most influential external factors which will effect the organisations strategy are those included within the PESTEL framework and ethical issues within the marketplace‚ internal factors will mainly include the organisations history and culture. When discussing strategy there are generally 3 different
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According to Kerzner‚ “Stakeholders are individuals or organizations that can be favorably or unfavorably impacted by the project” (Kerzner). Stakeholders can be internal like employees or they can be external like suppliers. Some best practices include identifying all stakeholders‚ determining their level of interest & importance levels‚ paying attention to cultural influences and listen to all opinions and apprehensions‚ list all stakeholder expectations clearly‚ identifying tasks and who
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Introduction Stakeholders are individuals and constituencies that contribute‚ either voluntarily or involuntarily‚ to its wealth-creating capacity and activities‚ and who are therefore its potential beneficiaries and/or risk bearers1. There are several different types of stakeholders associated with a corporation‚ and those stakeholders can have different views and opinions on what corporation ’s goals should be and how they should be running. I have interviewed three different stakeholders of Staples
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Hotel and Resort Management Assignment Diploma Fall 2012 Title: Growing trend: Eco-resorts Tutor: Mr. Hailstones From: Katy Hui Man Ying Course: Diploma 2 Submission Date: Week 15 Word count: 1‚553 Table of Contents Introduction 3 Criteria of Eco-resorts 4 – 6 Benefits of Eco-resorts 6 – 7 Considerations on Eco-resorts 7 – 8 Conclusion 8 References 9 – 10 Introduction There are researches done by the United
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CASE 1 : WYNN RESORTS Question 1 : What are Wynn Resorts’ distinctive resources and competencies ? Wynn Resorts Limited is a company which operates in casino and gambling industry in the US and Macau. It was created by Steven Wynn and made intitial public offering on NASDAQ on Octorber 25‚ 2002. The company own Wynn Las Vegas Resorts & Country Club‚ Encore at Wynn Las Vegas in the US and in Macau‚ the company have Wynn Macau Resorts and Encore at Wynn Macau. It is undeniable that one of
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HALINA MOUNTAIN RESORT A Case Study Submitted By: Richmond L. Chua Subject: MG11A Section: 1D (4-6pm) Summary Halina Mountain Resort I. Statement of the Objective The objective of the study is to gain broader views on the analysis of the subject’s (Halina Mountain Resort) vital components and areas which are directed towards the success of the company’s establishment. In this study‚ certain factors are taken into consideration to determine whether changes or improvements
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Aman Resorts operates at 26 unique locations all over the world‚ portraying “peace‚ uniqueness and family”. It targets high net worth individuals who like to be out of their normal lifestyle and enjoy their family time relaxed and differently‚ away from the pressures of work. Aman Resorts are located in select tranquil locations and provide a very unique and localized experience. Such uniqueness is the key competitive advantage against other resorts‚ which helps it to retain a lot of its loyal
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Guano islands Along the Peruvian coast is a string of rocky islands and peninsulas that are home to guanay cormorants‚ boobies‚ and pelicans. The birds leave the islands every morning to feed on the fish‚ especially anchovies‚ that are plentiful in the Humboldt Current. They return in the afternoon. There is no vegetation on the islands‚ so they build their nests out of guano and feathers‚ adding a new layer every year. By the time Europeans first saw the islands‚ the guano was more than 100 feet
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