Stakeholders are individuals or groups that have some claim on the company. They can be divided into internal claimants and external claimants. Internal claimants are stockholders and employees including executive officers and board member while external claimants are all other individuals and groups affected by the company’s actions. Typically‚ they comprise of customers‚ suppliers‚ governments‚ unions‚ competitors‚ local communities and the general public. Stakeholders can influence the organisations
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There are different types of economic systems‚ ranging from the centralized command system (U.S.S.R.)‚ to the free market economy (U.S.A.). Economies nowadays are mixed in nature than in the past‚ with a trend leaning more towards a free market system since the demise of the former Soviet Union and the European eastern block. Hence China has since revised its policies and is opening up the market to avoid the same fate. The USA free market has also been recently learning that a totally free
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Researchers have identified the activity of Silver NPs exerted the antibacterial effect in two steps. First‚ they changed the membrane potential and reduced adenosine triphosphate (ATP) synthase activities‚ thus reducing the metabolism process. Secondly‚ they declined the subunit of the ribosome for tRNA binding‚ thus collapsing its biological mechanism. At the same time‚ they proved to be less toxic to mammal cells [26]. Silver NPs with a small size and enhanced surface area produce some electronic
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1. Determine at least three (3) different internal and external stakeholders that Dr. Doright might have to deal with on a daily basis at the hospital. Discuss the duty of loyalty owed to each internal and external stakeholder. (1) Shareholders: Shareholders have the right to attempt to influence the actions of management. They can do this by putting nonbinding proposals forward-called resolution-to be voted upon at annual shareholder meetings. In advance of each annual meeting‚ shareholders are
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FOUR REGIONS OF CHINESE CUISINE The world of Chinese food consists of more variety than most Americans realize. There are many different types of food in China that can be categorized roughly by four regions: Southern‚ Northern‚ Eastern and Western. * SOUTHERN‚ OR CANTONESE: The cuisine form this area is perhaps the most well known to Americans. Cantonese cuisine uses a large variety of vegetables and meats. Rice is staple‚ and the familiar Fried Rice recipes are Cantonese in origin
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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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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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‘internal’ and ‘external’ stakeholders. Internal stakeholders of a business are members of an organisation. They consist of the employees‚ shareholders (who own the business)‚ managers and directors of the organisation. External stakeholders do not form part of the business (such as customers‚ suppliers and the government)‚ but have a direct interest or involvement in the actions of the business. 2. What is the difference between ‘stakeholders’ and ‘shareholders’? A stakeholder refers to any person
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A Study of the Different Kinds of Prejudice in‚ To Kill A Mockingbird’ Prejudice is the preconceived opinion of a person or thing. There are three main types of prejudice: racial prejudice‚ social prejudice and religious prejudice. These three are the types of prejudice most dominant in To Kill A Mockingbird’. The setting for the novel is a fictitious town called Maycomb. This town is situated in Alabama‚ south USA. The racial prejudice shown in the novel has a lot to do with the
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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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