P2-Explain the implications for the business and stakeholders of a business operating ethically. In this P2 task‚ I will be explaining the implications that Primark’s unethical practice has on itself and on its individual stakeholders. I will start of by introducing Primark’s 7 main stakeholders are and I will also explain how each of these stakeholders is affective by Primark unethical activities. I will now discuss how these stakeholders are affected positively or negatively by Primark’s unethical
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1.2. Qantas’ stakeholders Stakeholders are all groups and individuals who have an interest in the company being analysed. In order to focus on these groups which have the power to influence‚ corporate level activities have to be identified first. This can include large shareholders‚ governments and trade unions. The power and interest of those stakeholder groups have an impact on the process by which strategy develops at the corporate level and in each individual business. (Williamson et al‚ 2004
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Stakeholder Expectations In any business stakeholders are of many types; falling either into a category of a shareholder‚ customer‚ employee‚ government or general public. However their expectations are plenty. In the sense these parties anticipate many from the organization. Shareholders A Share holder is an investor who has exchanged equity in the business for the investment; owning shares of stock in a corporation. While various amounts held determine their actual control of the business
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The Role of Stakeholders October 2000 Olivier Frémond The recent history of the stakeholder debate has highlighted the perceived rivalry between the shareholder model versus the stakeholder model: •Shareholder model - the purpose of the corporation is to promote shareholder value •Stakeholder model - the purpose of the corporation is to serve a wider range of interests 1 The role of stakeholders Good corporate governance helps… to ensure Good that corporations take into account
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Explain some of the uses of electrostatic charges in everyday situations‚ including paint and insecticide sprayers 4. Describe how an ammeter is placed in series with a component to measure the current‚ in amps‚ in the component 5. Explain how current is conserved at a junction 6. Explain how the current in a circuit depends on the potential difference of the source 7. Describe how a voltmeter is placed in parallel with a component to measure the potential difference (voltage)‚ in volts‚ across
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“how great is our god” by; hillsong in the beginning god created the heaven and earth. and the earth was without form‚and void; and darkness was upon the face of the deep. and the spirit of god moved upon the face of waters. and god said‚ let there be light: and there was light and god divided the light from the darkness and the evening and the morning were the first day. and god called the dry land earth; and the gathering together of the waters called he seas: and god saw that was good. and
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Stakeholders of Tesco Shareholders A shareholder is Any person‚ company or other institution that owns at least one share of a company’s stock. Shareholders are a company’s owners. The shareholders are known to be the most important stakeholders in Tesco as the have invested money and time into the growth of the business. The shareholders interest in Tesco is to see their share of profit increasing ( High dividend) and the value of the business increasing. Customers A customer is An individual
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THE ROLE AND IMPORTANCE OF STAKEHOLDERS IN PRODUCT DEVELOPMENT Patrik Nilsson and Björn Fagerström Engineering and Industrial Design Product and Production Development Chalmers University of Technology SE-412 96 Göteborg‚ Sweden Abstract: Today‚ product development is a complex process: the designer continuously needs to consider new demands from different stakeholders and analyse how these demands can be fulfilled. Gathering and sharing stakeholder information is important‚ but is only beneficial
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Task 2 Stakeholder Analysis for Wilkinson Stakeholder group number Stakeholder group name Stakeholder key objectives To what extent the organisations has met the objectives 1. Shareholders / Investors. Provide investments for the companies‚ Operations and/or growth. To make sure that the company invests the funds correctly to give profits to the shareholders and for expansion. 2. Supplier. They will need relevant information of what the company needs and how the supplier will get paid
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Stakeholder orientation- DEGREE – which a firm UNDERSTAND AND ADDRESS s DEMAND * Comprises 3 set of activities * -the organization wide generation of data about stakeholder group & ASSESSMENT of the firm’s effect on these group * The distribution of this information throughout the firm * The ORGANIZATION RESPONSIVENESS as a whole to this intelligence. 2) BEGINS identify the relevant stakeholder ‚ the RS should be analyzed on the basis of power that enjoy as well as by the ties
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