P2 – Explain the implications for the business and stakeholders of a business operating ethically. A stakeholder is a person‚ group‚ or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization’s actions‚ objectives‚ and policies. Key stakeholders in a business organization include creditors‚ customers‚ employees‚ government‚ owners‚ suppliers‚ unions and the community from which the business draws its resources. Tesco is committed
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conflicts Conflict is seen as an inherent feature of organisations and induced‚ in part‚ by the very structure of the organisation. The causes might stem from individual characteristics‚ interpersonal factors‚ communications‚ behavior‚ structure and previous interactions. “Conflict‚ per se‚ is not necessarily good or bad but an inevitable feature of organisational life and should be judged in terms of its effects on performance. Even if organisations have taken great care to try to avoid conflict it
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The terms objectives and goals seem to be interchangeable in many management discussions. The two terms are very different‚ and both are essential and fully compatible in results-oriented project management. Objectives drive the long term outcomes of the project. They reflect the overarching vision and expectations of the project sponsor and key stakeholders. Work streams are formed around objectives‚ as reflected in the horizontal bars in typical Gantt charts. Interim deliverables provide a
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Compare and contrast Handy’s cultures and Deal & Kennedy’s cultures. In your opinion‚ which is a more realistic representation of organisational culture? Justify and explain your answer. Organisational culture is a shared value belief which binds the people of an organisation together to achieve a particular objective. “In the early 1980s organisational culture became increasingly considered as both an obstacle to change and a vital ingredient of organisational success or failure” (Ian
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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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Instructional objectives may also be called performance objectives‚ behavioural objectives‚ or simply objectives. All of these terms are used interchangeably. Objectives are specific‚ outcome based‚ measurable‚ and describe the learner’s behaviour after instruction. Instructional objectives serve as goals that teachers have set in the achievement of a greater goal. They also tell students what is expected of them. Instructional objectives make definite the direction in which teaching leads and become
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C1-Analyse the issues which are essential to confidentiality and objective observation It is very important to maintain confidentially when carrying out observations. Also observations should be objective. This refers to abilities of thinking on factual information instead our own opinions and feelings. One way of ensuring confidentiality is that all the information is followed according to the Data Protection Act. This means all information should be kept securely and should be accurate.
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overemphasized. It is a process of transmitting information‚ ideas‚ thoughts‚ opinions and plans between various parts of an organization.” Communication is the process of conveying information from a sender to a receiver with the use of a medium in which the communicated information is understood the same way by both sender and receiver. Communication is important in an organization because it creates mutual understanding environment between the management and employees. Directly‚ it also helps in
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TDA 2.5 Schools as Organisations 1.1: Identify the main types of state and independent schools. 1.2: Describe the characteristics of the different types of schools in relation to educational stage(s) and school governance. • Primary schools – funded by the Government and cover key stages 1 & 2. • Secondary schools – funded by the Government and cover key stages 3 & 4. • Academies – State maintained but independently run and cover key stages 3 & 4. • Nurseries
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Part A Section (i) The articles chosen for this essay paper were “Corporate Environmental Reporting: A test of legitimacy theory” by Trevor D. Wilmshurst and Geoffrey R. Frost and “The Stakeholder Theory: Concepts‚ Evidence and Implications” by Thomas Donaldson and Preston Lee. There were several factors that contributed to my choosing these particular articles for my study. First and foremost‚ these articles were both peer reviewed and the journals they were sourced from‚ namely the
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