and shareholders to improve performance‚ and where the growth strategy is aimed at exports‚ logistics outsourcing can have an important impact. The main purpose of this assignment has therefore been to investigate the advantages that accrue to stakeholders when outsourcing logistics practices to third party logistics providers (3PL) and a discussion follows as to other value adding services that 3PL organisations can provide. Table of Contents: Introduction: According
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Task 1 Introduction In this assignment I am going to identify the purposes of different types of organisations‚ describe the extent to which an organisation meets the objectives of different stakeholders and explain the responsibilities of an organisation and strategies employed to meet them. I am also going to give examples based on my own personal experience; I also investigate how organisation structure and culture contribute to business successes. I will also look in to how organisations
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Assignment One This paper aims at identifying the communication problems facing BP‚ pointing out the concerns the key stakeholders may have‚ and discussing the steps that BP should use to deal with the key stakeholders. The main communication problem facing BP is failure to satisfy their stakeholders‚ the pubic‚ and the U.S. government. With each failure to stem the flow‚ BP’s communication problem makes the situation worse; BP becomes the target of criticism from all quarters. The cause of the communication
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purposes of corporations are investigated under two different approaches on corporate value maximization: Shareholder Approach and Stakeholder Approach. So‚ firstly both approaches are defined briefly. Secondly‚ compare and contrast of shareholder and stakeholder approaches is made. Keywords: Purpose‚ Corporation‚ Value Maximization‚ Shareholder Approach‚ Stakeholder Approach. Shareholder Approach on Value Maximization: Shareholder approach on value maximization focuses
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Lessons from the Past The recent major oil spill in the Gulf of Mexico‚ from BP’s Deepwater Horizon‚ has brought the use and effectiveness of bioremediation back into the news. Recruiting bacteria and other microbes to break down synthetic waste is an immensely appealing idea. Putting microorganisms to work in this manner is the crux of bioremediation (Alcamo‚ Weeks‚ 2008). The work to clean up the Horizon spill actually started in the 1800’s when night-soil men would go from house to house and
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Stakeholders’ and Financial Statements Carol Watts Intermediate Accounting I ACC305 In today’s day and age there is no easy way of telling which companies are doing well and which are almost down in the dumps. Banks‚ lending facilities‚ and/or external stakeholders are greatly interested in seeing where companies are in the market compared to their competitors. These companies take the most risk by investing their monies into entities that are not started‚ maintained‚ or organized by
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Stakeholder versus Shareholder Stakeholder theory thinks that the enterprise is a series of contracts with various stakeholders to form various stakeholder consultations‚ the outcome of a transaction‚ whether investors‚ managers‚ employees‚ customers‚ suppliers‚ or government departments‚ community‚ etc.‚ they are enterprise-specific investments and bear the risks. On the other hand‚ Shareholder theory thinks that not only the market will be sound‚ permanent‚ and viable‚ but also the ethical issues
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Jackie Bowen Tutor Name: Liz Pawlowski Title: Meeting Stakeholder Needs Unit: 3003 Contents Page Page Number * Title Page 1 * Content Page 2 * Aim of the report 3 * Identifying Stone Computers key stakeholders 4 * Understand the process required to continually 8 Improve meeting stakeholder’s needs * Be able to prepare a case to support a change in meeting 11 Stakeholder needs * Bibliography 14 Aim of the
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Business Communications BP and the Gulf of Mexico Oil Spill 04-71-100-05 Dr. R. Kobe Meshal Mustafa January 31th‚ 2013 An explosion took place on the Deep Water Horizon on April 20th‚ 2013. I will be discussing the main communication problem that BP faced. First I will discuss the causes of the problem‚ second I will talk about the symptoms. Thirdly‚ I will discuss the key stakeholder groups and the issues they are concerned about. Lastly‚ I will discuss how BP can use the communication model
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Annual Report Project Did BP responded adequately and efficiently after the Oil Spill in April 2010 TABLE OF CONTENTS Introduction p. 1 BP Oil spill characteristics p. 2 Cost Analysis of the spill p. 6 Clean-up of oil spill and recover environment p. 6 Estimation and recognition of the cost………………………………………………..p. 6 Financial highlights…………………………………………………………………….p. 7 1. Sale of Assets/ Opportunity Cost 2. Share Price Drop
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