-DEFINITION OF A STAKEHOLDER- A stakeholder is someone or anyone who has an interest in the success of a business. A stakeholder can affect the businesses processes and outcomes. -MCDONALD’S STAKEHOLDERS- CUSTOMERS One of the main stakeholders for McDonalds is the customers. They have a stake in the business‚ because they buy food and bring in the revenue. If people chose to buy food elsewhere and McDonalds would have no customers and would fail as a business. Their interest as a stakeholder is the quality
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Like Oxfam‚ ASOS claims to have four main stakeholders. The first of which is their suppliers. A supplier looks for long term contracts and prompt payment. If the suppliers are unhappy with their contracts then this may lead the quality and product availability to decrease. The suppliers will influence ASOS to make prompt payments in order to keep their contract. The second main stakeholder for ASOS would be their customers. The customers look for good quality products at a good value. In addition
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2.1 Identifying stakeholder for decision making The person how have invested in the business is known as the stakeholder. The person how have invested in the Tesco company then it is Tesco stakeholder. This per can be any one like it can be the creditor‚ debate‚ government‚ employee‚ any other company owner and owners or top level of a company. The person can affect the company because his some amount have been put in the Tesco. The stakeholder provides the financial helps to the company the stakeholders
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1. When I was growing up‚ I was fortunate to have my best friend live in the same neighborhood as I did. We went to school together and saw each other just about every day. One day‚ I got home from school and saw him waiting for me at my house. He was in tears‚ which was very uncommon. He informed me that his parents were going to get a divorce. He told me that his dad had found out his mom was seeing another man. I had never seen him in so much pain. His brother and sister were not handling
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Corporate Responsibility (2) Stakeholder perspective Obesity and fast food Use the stakeholder analysis to look at the impact of fast food (eg MacDonald’s) on each stakeholder group. Should the sale/marketing of fast food be regulated/ restricted? If so why? If not‚ why not? Childhood obesity has been labeled one of the most serious public health issues if the 21st century. 42 million of the children under five years old are overweight all over the world‚ in
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Discrimination and prejudice are conflicting to the aims of supporting a child or young person’s development and progress. Both children and adults can behave in discriminatory ways‚ which if seen should be challenged. When working within a childcare setting‚ there should be strategies in place to challenge what is said or done. It is important to support the person who has been subject to discrimination‚ but also important to try and support the person who has been behaving in a discriminatory way
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of a potential defective product. It will provide insight on the process of identifying the product‚ potential recall and the responsibility to notify the consumer. A Corporations Social Responsibility to Stakeholders Introduction One of the many things a manufacturing company has to worry about is producing defective products. If a company has produced defective products‚ it is in their best interest to find out and address the issue before their customers
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Stakeholder Influences on Programs Christle L. Robinson HSM/270 10/19/2014 Professor Nicole Nightingale Stakeholder Influences on Programs Programs must often accommodate the necessities or opportunities of numerous stakeholders‚ which could embrace the program manager and staff‚ the finance institute‚ and the public the program helps. In some human services programs‚ one of the most prominent stakeholders is the funding institution. The funding institution frequently has its personal beliefs for
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Purpose Description Models/tools Corporate Governance Stakeholder Expectations A. Social Responsibility and Ethics A. Shareholder Model Stakeholder Model Benefits Disadvantages Stakeholder mapping: the power/interest matrix Minimal effort Keep informed Keep satisfied Key players Corporate Social Responsibility Stances: Laissez-faire Enlightened self-interest Forum for stakeholder interaction Shaper of society
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Why is it important to reach out to all stakeholders and get them involved in the school? As educators‚ we know‚ schools cannot do it alone. They need the help of stakeholders in order to improve the education of our students. With the help of community stakeholders and organizations‚ schools can focus more on the academics‚ while the stakeholders help meet the needs of students and families. For example‚ every year‚ at our school we partner with a local church that provides us with many great volunteers
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