Case 4.1: Stakeholders and the One Industry Town‚ questions #1-3 1. Identify the stakeholders that influence and/or that are influenced by the company’s decision. The appropriate identification of stakeholders is very important to business corporations as one approach to understanding the environment in which they operate. According to this case‚ there are insufficient eligible workers in the immediate area and workers would have to be attracted from other communities. Employees want to
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Abstract Microcontroller Based Raisins Manufacturing Process Background Raisins are made primarily by sun drying several different types of grapes. They are small and sweetly flavored with a wrinkled texture. The technique for making raisins has been known since ancient times and evidence of their production has been found in the writings of ancient Egyptians. Currently‚ over 500 million lb (227 million kg) of raisins are sold each year in the World‚ and that number is expected to increase because
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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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Steps in Identifying Stakeholders Identifying all of a firm’s stakeholders can be a daunting task. In fact‚ as we will note again shortly‚ a list of stakeholders that is too long actually may reduce the effectiveness of this important tool by overwhelming decision makers with too much information. To simplify the process‚ we suggest that you start by identifying groups that fall into one of four categories: organizational‚ capital market‚ product market‚ and social. Let’s take a closer look at
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explores the “best practices” of identifying and implementing quality philosophies within an organization. Identifying and documenting best practices serves as a learning tool for those who wish to implement and sustain value added quality processes to their organization in an efficient and effective manner‚ while also avoiding the pitfalls of processes that simply do not work. While this paper will specifically focus on the best practices of Total Quality Management (TQM); it is important to note that
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CASE STUDY Implementing Quality Management in the Textile Industry in Pakistan 304‚ 3rd Floor‚ Eden Centre‚ 43 Jail Road Lahore – Pakistan Ph: (+92 42) 7563645-7562260 Fax: 7552656 E-mail: piqc@brain.net.pk; Web Site: http:///www.piqc.com.pk PAKISTAN INSTITUTE OF QUALITY CONTORL © Pakistan Institute of Quality Control – (ICQI’1998) 1 Implementing Quality Management in the Textile Industry in Pakistan by Asif Hussain Group General Manager Quality Assurance & H.R. Development
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Quality Assurance in Construction The importance of Quality Assurance is based on the principals of getting things right first time. By implementing‚ maintaining‚ reviewing and continually improving a Quality Assurance System a company can achieve and reap the benefits of having such a system in place. Quality Assurance exists because of the degree of dissatisfaction experienced by the industry’s clients over a long period‚ combined with a growing impatience by some of their advisers to achieve
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Every business has stakeholders involved. A stakeholder is anyone who has a claim in some way to a company’s products‚ operations‚ markets‚ industry‚ and outcomes (Ferrell‚ Fraedrich‚ Ferrell 31). Some stakeholders are more involved than others. Members that are needed for the company to maintain are referred to as primary stakeholders‚ whereas others are called secondary stakeholders. Primary stakeholders can be identified as employees‚ customers‚ investors‚ and shareholders and can also be governments
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Quality Management in Service Industries Part 1. Introduction In present time‚ there is a worldwide trend that service industry occupies a dominant position in the economy in the majority of developed countries and areas. Without a doubt‚ major changes in government policy and business transactions have a significant influence on the flourish of services industry. However‚ nowadays the increased value of services also brings big pressure on marketers to implement different strategies
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Introduction: Tyre manufacturing industries face a lot of competition‚ price and cost pressure. There is demand for tyre manufacturing industries in the market across the world and because of this reason manufacturing industries is facing management and technical issues for example less availability of raw material‚ rivalry force and risk is very high. The customers are mainly concerned with functionality of tyres and not giving much importance to pricing. However pricing is given importance for
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