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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Introduction This assignment is based upon information collected on Republic Bank Limited. This is to illustrate the mission‚ vision and stakeholders and how the stakeholders affect the organisation. The company chosen is Republic Bank Limited. Republic Bank Limited (RBL) is a large organisation. It consists of thirty nine (39) branches within Trinidad and Tobago. They also have subsidiaries such as Barbados National Bank Inc‚ Republic Bank (Guyana) Limited
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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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East Mercy Medical Center Analysis University of Phoenix QNT 571 February 24‚ 3014 Professor Victor Mojica East Mercy Medical Center Analysis The East Mercy Medical Center recently hired a new assistant administrator‚ given the name Dorothy Jacobs. One of her first tasks is to evaluate ways to improve the costs of their hospital management related to the patient capacity in three main hospital wards: Obstetrics‚ Surgery and Pediatrics. The hospital board is considering
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researching and focusing on for this project is Loyola University Medical Center. Loyola University Medical Center is the main medical campus for the Loyola University Health Systems in Illinois. It is located in the western suburbs of Chicago in a city called Maywood. This medical center is a 589 bedded facility with a state of the art trauma center‚ burn center‚ Children’s hospital‚ Outpatient center‚ Cardinal Bernardine cancer center and many more specialty healthcare. The university also boasts
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THOMPSON v. WESTERN STATES MEDICAL CENTER No.01-344.Argued February26‚ 2002—Decided April 29‚ 2002 NATURE OF CASE: Review of the restrictions on commercial free speech in relation to the advertisement of specified compounded drugs. PROCEDURAL HISTORY: Section 503A of the Food‚ Drug and Cosmetic Act‚ 21 U.S.C. § 353a exempts compounded drugs from certain provisions of the Food and Drug Administration’s standard approval requirements; provided that the distributors abide by certain restrictions
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Assignment 2 Rhodes v. Detroit Medical Center. Beryl Rhodes was visiting a patient at the Detroit Medical Center. Rhodes tripped and fell on a cord adjacent to the bed of the patient and sustained injury. The cord ran alongside the patient’s bed and went up to the head of the bed. It was not obstructed by any object. The floor was gray and the cord was black‚ so the cord had sufficient contrast to be visible. The room was well lit‚ and evidence shows there was adequate lighting for the cord to
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P2 describe the different stakeholders who influence the purpose of two contrasting businesses In this task I am going to be writing a business report regarding Carlsberg and Capital Foods showing the different types of stakeholders‚ which include within the two organisations. It will show how the stakeholders influence within the two businesses‚ and how they set their own objectives towards the companies. CARLSBERG Customers Customers are the people who buy the products and sell them‚ or use
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A stakeholder is any individual or group who can affect or is affected by the actions‚ decisions‚ policies‚ practices‚ or goals of the organisation (Freeman 1984‚ 25). They have the interests in the activities of an organization and can be divided into internal and external stakeholders. In addition‚ there are different levels of stakeholders: primary and secondary. The level of stakeholders depends on the political‚ economic and social environment. Internal stakeholders are those from within the
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WHO ARE YOUR STAKEHOLDERS? WHAT ARE YOUR RESPONSIBILITIES TOWARDS EACH OF THE STAKEHOLDERS? Groups / individuals that are affected by and/or have an interest in the operations and objectives of the business Most businesses have a variety of stakeholder groups which can be broadly categorised as follows: Stakeholder groups vary both in terms of their interest in the business activities and also their power to influence business decisions. Here is a useful summary: Stakeholder Main Interests
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