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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TOPIC: THE CURRENT CHALLENGES FACING (BP) IS UNPARALLELED.THAT IS AN ETHICAL CRISIS IS UNCHALLENGING.BUT IS IT REALLY A CASE OF THE OIL INDUSTRY? BEING AT FAULT? IS IT REALLY A REGULATORY ISSUE? BRIEF INTRODUCTION OF BRITISH PETROLEUM
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Assessment one: Individual report Ethical issues in auditing Executive Summary This report provides an analysis of dealing with professional and ethical issues when offering auditing services. It gives a brief decision-making process model by first identifying the key issues and relevant standards involved in the case and then combining theories with reality and giving a short conclusion and some recommendations at the end. 1.0 Introduction Ethical issues in auditing are situations where
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Stakeholders 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. There is two different types of stake holders‚ these are internal and external. Internal stakeholders are people who are on the inside of the business that already serve the organisation‚ these include staff‚ managers‚ board members etc. external stakeholders are from outside of the company but
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However‚ it can be viewed as encroaching on citizens’ rights to self-determination‚ since the law requires everyone to buy health care‚ if they want to or not. A quote from Anthony Vecchione’s article Debating the Ethical Implications of the Affordable Care Act‚ can further explain this accusation when it says‚ “Some critics of the ACA argue that the controversial individual mandate -- which requires American who meet certain criteria to purchase health insurance --
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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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Americans are driven by the idea of "more for less" are blinded to the fact many are suffering through the use of cheap foreign labor. Many of us are aware of the issue of cheap labor happening in third world countries‚ but can’t wrap our heads around it affecting the U.S. According to a national Labor committee 2006 report an estimated 200 children‚ some 11 years old or even younger‚ are sewing clothing for Hanes‚ Wal-Mart‚ J.C. Penny‚ and Puma at the Harvest Rich factory in Bangladesh (Labor and
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The fundamental legal aspects of each case study Nevertheless of any situation that may get up‚ every nurse has a set standard in place that must be followed. These are nonnegotiable‚ ethical standards‚ obligations and duties that every individual swears to when entering the nursing profession. These standards are all found within the American Nurses Association’s code of Nursing Ethics and Conduct. Whether dealing with patients and families during end of life decision making or dealing with nursing
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Within the healthcare industry‚ numerous ethical issues have arisen over the years. A few common ethical issues faced today are abortion‚ euthanasia‚ and the containment of HIV/AIDS. To address ethical issues within the healthcare industry the use of a process termed the ethical decision making process‚ is a necessary tool in approaching ethical issues and furthermore finding the best ethical solution. The first of these ethical issues we will discuss is abortion. Three categories of abortion exist
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looking for a way to cut costs and increase profits. Many companies that manufacture clothes use sweatshops‚ which allow for cheap labor costs and few rules controlling working conditions and overtime regulations. Many clothing and footwear companies have been linked to these sweatshops‚ where the working conditions are so bad that in some cases the workers will commit suicide at work. Sweatshops will usually exist in countries that have few laws in place that protect the workers or the environment
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