A corporate stakeholder is that which can affect or be affected by the actions of the business as a whole. Examples of a company’s stakeholders Stakeholders | | Government | Taxation‚ VAT‚ legislation‚ low unemployment‚ truthful reporting. | Employees | Rates of pay‚ job security‚ compensation‚ respect‚ truthful communication. | Customers | Value‚ quality‚ customer care‚ ethical products. | Suppliers | Providers of products and services used in the end product for the customer‚ equitable
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Stakeholders The world ’ ’stakeholder ’ ’ was first used in an internal memorandum at the Stanford Research Institute in 1963. It refers to "those groups without whose support the organizations would cease to exist". There are two types of stakeholders‚ primary and secondary. The first type are those that engage in economic transactions with the business - stockholders‚ customers‚ suppliers‚ creditors and employees. The second type are those who do not engaged in direct economic exchange with
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Stakeholders As argued by Sharma & Starik (12) a stake holder is that which is affected by the operation of an organization entirely or can affect the organization directly. The organization can be of any kind meant to realize certain goals by the society. Stake holders are tenet to the development and performance of the organization without which the organization either cease or collapse completely. As such any organization must strive to identify its stakeholders and their specific needs
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Stakeholders 1st Business: Nike The aim of this business is to provide and develop products for athletes of every ability and to make sure their products help athletes reach their potential. They also want to create business opportunities that set them apart from competition and also to provide value for their stakeholders. Having objectives in a business is very important because it brings goals that the business needs to reach and also allows the company to be united. With Nike being a huge
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Investigating how Businesses are organised and the influences of Stakeholders 38036520510500 Produced by: Brodie-Dee Johnson Business: NBV Enterprise Solutions Business Advisor: Brodie-Dee Johnson Submission Date: October 2nd 2014 Lecturer: Julie O’Callaghan Content Page: Introduction: Introduction to the company‚ and what I do – Page 3 Section 1: The two types of Business’‚ their purpose and ownership Page 4 Section2: Different Stakeholders who influence the purpose Page 5/6 Section 3: Points of
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Walmart Stakeholders 3/18/2013 Walmart is one of the largest retailers in the world that is steadily growing and seeking to develop ways of meeting the needs of their stakeholders. In our textbook‚ stakeholders are defined as “people who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address” (Nickels‚ McHugh & McHugh‚ 2009). Walmart has several internal and external stakeholders that keep the business at the top of the retail
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This chapter mainly discusses the concept of interest groups. An interest group is a group trying to influence the government to make policies that can protect their interest. These groups are not only limited to citizens groups‚ but also businesses‚ corporations‚ universities‚ unions‚ and other institutions. There are many different kinds of interest groups in the U.S.to represent the interests of a large number of people. For example‚ the American Federation of Labor and Congress of Industrial
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Enlightenment’s Influence on Today’s Government The Enlightenment era is considered one of the most important “turning points” in history. During this time‚ many enlightenment thinkers brought forth new ideas that still influence the modern world today. Political systems of various countries all over the world adopted the numerous concepts that were presented at this time period. Some of the providers of these concepts were Machiavelli‚ John Locke‚ and Montesquieu. They wrote many things expressing
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Elements that Influence State Government Dannie Roettger POL/215 December 4‚ 2012 John Derie Elements that Influence State Government The special interest group we are going to look at is the Sierra Club. The sierra club is a body of volunteers that come together to fight for the environment. This interest group has offices in every state in the union. As we look at the Sierra Club in whole we will describe what this organization stands for and try to define its relationship two each of the
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Evaluate the impact of government’s influence on the proximate variables in attempting to achieve a desired fertility rate If follows that if the cost of living and the cost of having children limits family size‚ then government policies towards taxation and family welfare are also significant influences on how many children a couple will have. Such government policies generally include family planning programmes‚ financial incentives to control/increase family size‚ and the provision of health
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