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. Some examples of key stakeholders are creditors‚ directors‚ employees‚ government (and its agencies)‚ owners (shareholders)‚ suppliers‚ unions‚ and the community from which the business draws its resources. Not all stakeholders are equal. A company’s customers are entitled to fair trading practices
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to attain the minor degree in IFE. He estimated that it would involve an additional cost of RM40‚000. HOW WOULD THE MONEY GROW? Not knowing how exactly he should grow the money‚ Afiq Firash contacted his cousin (Rauf) who is an engineer with an oil and gas company in Sabah for advice. Without hesitation‚ Rauf suggested an IPO (initial public offering) of Felda Global Venture Holdings (FGVH)‚ which wass already opened for subscription since 31 May 2012. Right after the phone call‚ Rauf sent emails
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British Petroleum is a global brand which is acknowledged worldwide for quality gasoline. The brand name BP ‘appears on production platforms‚ refineries‚ ships and corporate offices as well as on solar products‚ wind farms‚ research facilities and at retail service stations’. BP has grown into a global energy group from a local oil company. It has employed over 96‚000 people. Strategic decisions are usually long term decisions which are often risky and speculative. A strategic decision
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Case Study Coca-Cola and CEO Douglas Ivester And BP and CEO Tony Hayward 1. If Douglas Ivester was so successful‚ for years‚ on the executive staff‚ why did he fail when he was given the CEO/president position? Give an overall impression‚ broad stroke explanation of why he failed. Ivester was a hardworking‚ diligent CEO‚ but he lost sight of the people side of Coca-Cola. In any business people are a very important aspect that needs to be nurtured because without them the business is
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On April 20th‚ 2010‚ an oil rig exploded in the Gulf of Mexico. As a result‚ approximately 4.9 billion barrels of oil poured into the gulf over the course of 87 days. This tragedy resulted in lives lost‚ both human and animal alike‚ and really brought the issue of off-shore oil drilling to attention. While some may believe that offshore oil drilling may seem like a harmless source of revenue for the United States‚ it is imperative that citizens realize that drilling does more harm than good.
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Golden Rules of Safety [pic] Golden Rules of Safety Study Guide 1. Purpose of the Golden Rules of Safety The Golden Rules of Safety address the eight highest risk activities‚ that as a company‚ we perform. Many of our 2000 incidents directly involved these areas. The purpose behind the Golden Rules is to provide employees and contractors with a comprehensive understanding of these risk areas. The Golden Rules are standards that we will not violate. By enforcing and emphasizing
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Stakeholder We have identified nine groups of stakeholders who are either most affected by our product or who most affect our product. These are employees‚ consumers‚ customers‚ shareowners‚ government and regulatory authorities‚ non-government organizations‚ local communities and civic societies‚ and suppliers‚ including Coca-Cola AMATIL. We aim to keep these groups informed about our product and to have constructive discussions with them on issues of common concern. Through direct engagement
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Oil and gas conservation means their better and more efficient use with regard to economic‚ social or environment costs and benefits resulting minimization of wastage and protection of environment. A very high priority is attached by the government to conservation of petroleum products in view of the need to reduce increasing gap between demand for and supply of oil and petroleum products. Government has initiated various steps to promote conservation of petroleum products in the different sectors
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there are several stakeholders that have conflicting vision as to healthcare administration. Looking at the few key stakeholders‚ it is comprised of Patients‚ Physicians‚ Hospitals‚ and Payors. Each of the respective groups have different view points on how healthcare administration is judged to be a successful delivery. Exploring each stakeholder’s view of healthcare will provide us with a better understanding of their goals. Understanding the vision of each stakeholders in healthcare allow
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Oil has had a profound impact on the world civilization than any other single natural resource. It is the principle energy source sustaining our civilization and economy in the world. Currently‚ oil is among the world’s most important natural resource‚ without it‚ the world would not function as effective and as efficient as it does today (Science Classified 2008). “Oil has become a very decisive element in defining the politics‚ rhetoric and diplomacy of states” (Agbebi 2009‚ p.1). Economically
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