Explain the possible problems in the ethical culture of the Red Cross that created the issues discussed in this case. The American Red Cross is technically a “charter nonprofit organization”‚ which means that they receive most of their funds from the Federal Government to finance their operations‚ but they remain an independent entity. This is an advantage for them in terms of their financial stability‚ but also means that they have the Government as their main stakeholder while they are not officially
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Can Parliament effectively hold Government to account? In the UK‚ holding the government to account is one of Parliament’s main functions. Parliament scrutinises the actions of the government and forces them to justify bills‚ explain their motives and defend their policies. There are many effective ways in which Parliament effectively holds the government to account. Select committees check and report on areas ranging from the work of government departments to economic affairs. There is a commons
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STAKEHOLDER THEORY: A LIBERTARIAN DEFENSE R. Edward Freeman and Robert A. Phillips Abstract: The purpose of this paper is to suggest that at least one strain of what has come to be called "stakeholder theory" has roots that are deeply libertarian We begin by explicating both "stakeholder theory" and "libertarian arguments " We show how there are libertarian arguments for both instrumental and normative stakeholder theory‚ and we construct a version of capitalism‚ called "stakeholder capitalism
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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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solve world hunger‚ people in the present is encouraged to do so as well. This is a really great idea; unfortunately‚ the solution for them is no other than GMOs. One of the principal companies involved in genetically modified organisms is Monsanto. Monsanto is one of the largest agricultural companies in the world. At the beginning it was a company focused in chemical and plastics just until 1980 when it started to be involved in the use of biotechnology in agriculture. It is recognized as being
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Stakeholders 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. There is two different types of stake holders‚ these are internal and external. Internal stakeholders are people who are on the inside of the business that already serve the organisation‚ these include staff‚ managers‚ board members etc. external stakeholders are from outside of the company but
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Javier Sprella Ethics & Business Professional Professor Kenny 23 July 2010 Ethical Culture Analysis My ethical culture analysis will be on the company Waste Management. While researching companies for this analysis‚ I found that as of 2009‚ Waste Management is in the top 99 most ethical companies in the world (http://www.ethisphere.org). I already have interest in this company because one of my best friend’s father‚ Robert Biggs‚ is the chief financial officer for Waste Management’s Northeast
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www.ccsenet.org/ass Asian Social Science Vol. 8‚ No. 10: August 2012 Managing Stakeholders: An Integrative Perspective on the Source of Competitive Advantage Minyu Wu’ ’ School of Business‚ Curtin Universify Sarawak‚ Sarawak‚ Malaysia Correspondence: Minyu Wu‚ School of Business‚ Curtin Universify Sarawak‚ CDT 250‚ 98009 Miri‚ Sarawak‚ Malaysia. Tel: 60-8-544-3844. E-mail: minyu.wu@curtin.edu.my Received: March 19‚ 2012 doi:10.5539/ass.v8nl0pl60 Abstract Despite the enormous amount of academic
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Is Monsanto as bad as it’s made out to be? The growing science of biotechnology Biotechnology is allowing genetics to combine with genes from many different species and coming up with innovative versions of old-style foods. Varieties of tomatoes‚ soya and potato‚ cucumber and maize have already gone through the blade of biotechnology. Genetic engineering is when scientists remove a specific gene for a good characteristic‚ from the DNA of an organism and place it into another organism. Modern
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HOW CAN YOU EFFECTIVELY WORK IN A TEAM? What is a team? As noted by Dwyer (2006) “The terms ‘team’ and ‘group’ are frequently used interchangeably‚ since on many occasions that they share almost identical characteristics”. Or in other words‚ a team is composed of two or more individuals who are working together interdependently and cooperatively towards a common purpose or goal. The team is the most important asset of any project; an effective team has
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