Unit 1: The Business Environment P2: To describe the influence of stakeholders on the business. Stakeholders: 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 types of stakeholders: – Internal: These are groups within the business including owners and workers. – External: These are groups from outside of the business including the community.
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The Primary Care Clinic Dana E. Wilson Prof. Terese Cole HSA 300 Health Service Organization Management October 29‚ 2013 Our healthcare facility provides primary and comprehensive care for patients that include women‚ men and young adults in a metro area that has a population of over 200‚000 people. We also have expanded our practice to offer specialized care in Obstetrics and Gynecological services. We have multiple locations in the area in order to provide services
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its role in reducing costs and improving customer service‚ promoting company growth and shareholder value. In a country such as South Africa‚ where companies are under increasing pressure from both customers 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
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A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. Some examples of key stakeholders are creditors‚ directors‚ employees‚ government (and its agencies)‚ owners (shareholders)‚ suppliers‚ unions‚ and the community from which the business draws its resources. Not all stakeholders are equal. A company’s customers are entitled to fair trading practices
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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 groups supply a company with
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given to George as an ultimatum by his boss is to move the plant 15 miles south to Mexico to avoid EPA emissions restrictions and fines. Below is a Stakeholder Analysis of each of the two possible decisions. Stakeholder Analysis Stakeholders Schedule Heavy Work at Night Move Plant to Mexico Stockholders + -- Employee’s at Hondo Plant + --- Customers + - Community of Hondo - --- George (Decision Maker) - -- Environment of Hondo -- ++ For the stockholders‚ scheduling the heavy emissions
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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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Primary groups are important not only from the individual point of view‚ but they are equally important from the viewpoint of society. The primary group is the birth-place of human nature. Primary groups help in the socialization of the individuals and maintain social control over them. The attitude of kindness‚ love‚ sympathy‚ mutual help and sacrifice which provide the cementing force to social structure is developed in the primary group. The primary group is a heaven for the individuals where
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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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Primary Succession Primary Succession is an ecological succession process that occurs in an environment with no prior inhabitants. Primary succession is the changes in species composition over time in a previously uninhabited environment. When primary succession begins no soil exist; rock surfaces like volcanic lava and glacier scraped rock surfaces are the platform on which primary succession begins. In figure 4.4 of the text Primary succession is happening on glacier moraine after the glacier
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