CSR objectives and actions developed for each of the Indra’s stakeholder groups: customers‚ suppliers‚ employees‚ shareholders and community are: Customers For Indra‚ knowledge exchange with customers to develop ad-hoc solutions is essential. In doing so‚ Indra selects those customers that it considers as highly innovative and with great growth potential‚ for which the development of trust is critical. Thus‚ it fulfills a two-fold aim: it improves its knowledge on needs and expectations of this group
Premium Management Corporate social responsibility Ethics
Case 1 McDonald’s: Grilling Up an Empire 1. Describe some of the management challenges McDonald’s has likely faced in its expansion internationally. McDonald’s has been a staple in the restaurant business for as long as most of us can remember. It has achieve around the globe‚ but not without overcoming a fair amount of challenges in its pursuit of the title “King of Fast Food”. The basis for the entire business is ethical‚ truthful and dependable. It takes time to build
Premium Leadership Management
is the system by which companies are directed and controlled‚ which involves a set of relationship between a company’s management‚ its board‚ its shareholders and other stakeholders‚ and the objectives for which the corporation is governed. There are mainly three important theories included in corporate governance‚ which are agency theory‚ transaction cost theory and stakeholder theory‚ each theory views corporate governance from different perspectives. These three theories play significant roles
Premium Transaction cost Stakeholder Economics
Management From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search For other uses‚ see Management (disambiguation). Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning‚ organizing‚ staffing‚ leading or directing‚ and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing
Premium Management
social and environmental reports provide useful information to stakeholders. During the period of recent twenty years‚ majority of the companies are increasingly publishing Social and Environmental Report (SER) to represent their concerns among society and environment (Deegan and Unerman‚ 2011). SER is a concept adopted by corporations to integrate social and environmental aspects in the business and to interact with the stakeholders on a voluntary basis (Soloman and Lewis‚ 2002). From the definition
Premium Stakeholder Social responsibility Business ethics
Strategic Context and Stakeholder Management Floyd Dudley‚ Karen Govea‚ Anthony Hester‚ Charles Hobbs‚ Joyce Joiner and Richard Paige CPMGT: Strategic Project Management University of Phoenix May 26‚ 2008 Strategic Context and Stakeholder Management A strategic emphasis is critical to Project Managers and the projects they select. “Projects‚ as building blocks in the design and execution of organizational strategies provide the means for bringing about realizable changes in products and
Premium
Write a 200- to 300-word response describing the goals of financial management. The description should include how earnings are valued‚ how shareholder wealth can be maximized‚ and how management decisions affect stockholder wealth. The goals of financial management include profits. The problem with profits is that if you profit too or too little‚ your company will look bad. The key to having good financial management is having the ability to see that sometimes profit is not everything. Sometimes
Premium Share Stock market Fiduciary
Task 2 is to describe the different stakeholders that influence the purpose of Apple and British Heart Foundation. A stakeholder is a person or group that has an investment‚ share‚ or interest in something‚ as a business or industry. This is not just limited to someone who has purchased stock in a company‚ which is a shareholder. Who are stakeholders for Apple? Customers want the business to produce quality products at reasonable price. You have different types of customers. There are different
Premium Management Board of directors Fiduciary
The Stakeholder versus the Stockholder Stockholders have a direct interest in the well being of a company. At annual meetings public companies ask these stockholders to vote on the board‚ company stock and equity changes‚ executive pay‚ and other shareholder proposals. One would assume the stockholder would want to vote in a manner that would best position the company for maximum potential growth. Many stockholders in the interest of time‚ especially larger funds and investment groups‚ take
Premium Shareholder Stock Stakeholder
Contents: • Chapter 1 An Overview of Management– Pg 1 - 20 Part 1 An overview of management CHAPTER 1 CHAPTER 2 Managerial competencies CHAPTER 3 1.indd 1 Introduction to organizations and management The development of management thought 8/29/08 4:01:39 PM CHAPTER 1 Introduction to organizations and the nature of management learning outcomes outline key terms and concepts 1.indd 3 After studying this chapter you should be able to: 1 Understand
Premium Management