Explain the views of at least 3 main stakeholders for each of your businesses What are the aims and objectives of the business? Who are the main stakeholders? What are they trying to achieve from influencing the organisation? What is their impact? Burger King The main aims and objectives of Burger King would of initially been to survive and establish themselves‚ but now as they are a huge global business they will want to become the number one fast food restaurant‚ expand (have more restaurants)
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Part I. Use the stakeholder model of business environments to critically examine the external environment of Asda Wal-Mart as outlined in the case study that follows. Each organisation has a unique external and internal environment that has unique impacts on the organisation. A stakeholder’s analysis categorises that environment determining whether an organisation or a person has any low or high interest and power over the business. Based on The Asda Wal-Mart case study‚ stakeholders are consecutive:
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not‚ be considered a Stakeholder Stakeholders are those groups from whom the organization has voluntarily accepted benefits‚ and to whom the organization has therefore incurred obligations of fairness. Typically‚ this includes groups such as financiers‚ employees‚ customers‚ suppliers and local communities. I believe that managers should not be considered stakeholders. Managers should acknowledge and actively monitor the concerns of all legitimate stakeholders‚ and should take their
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Abstract Stakeholder Theory and Legitimacy Theory are both appropriate models to describe organisational behaviour to produce corporate voluntary sustainability reporting. However‚ both theories did not fully meet the conceptual requirements. Therefore‚ based on the historical roots‚ this paper critiques its current form and gives suggestions that may be taken to satisfy the requirements. Introduction This research paper provides an overview of the purpose of Corporate Sustainability Reporting
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Case Study: Home Depot Implement Stakeholder Orientation Case Study: Home Depot Implement Stakeholder Orientation Gupta Bhagirath‚ BUS604 Grand Canyon University Abstract The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. The Home Depot employees Three Hundred Forty Five Thousand and it operates 2‚193 big-box format stores across the United States (including all 50 U.S. states‚ the District of Columbia‚ Puerto Rico‚ the Virgin
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ASSIGNMENT PAPER) MODULE: BUSINESS AND MANAGEMENT ETHICS: MD4033 STUDENT NAME AND ID: ASHUTOSH GHOSH: S20462422 SR. NO. 1 INDEX Does the closing of a plant when it ceases to be profitable violate the “moral minimum”? Who are the affected stakeholders‚ and how should their PAGE NO. 3 2 interests be considered? Who should take primary responsibility for those laid off or 5 3 terminated because of a plant closing? 7 4 REFERENCES 9 2 MODULE: BUSINESS AND MANAGEMENT
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upon the theories outlined in class – e.g. the various ethical theories‚ institutional and stakeholder theories. For each issue‚ you may draw upon a variety of theories – i.e. present a number of analyses of the nature and degree of a firm’s responsibilities‚ each of which draws upon a different theory – or draw upon a single theoretical approach – i.e. present an analysis of the nature and degree of a firm’s responsibilities that draws upon institutional theory or stakeholder theory or a
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for its stockholders (Philip Morris‚ 2011). There are many different views on the extent to which corporations should be involved in societal concerns. The three most prominent are the stockholder theory‚ the concept of social business‚ and the stakeholder theory. Of these‚ the stakeholder theory is the most appropriate. Because corporations are considered to be individuals within our society‚ they bear a certain amount of responsibility to their fellow citizens‚ so it is not enough for them
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Bibliography: R. Edward Freeman‚ Jeffrey S. Harrison‚ Andrew C. Wicks (2007) [Managing for stakeholder Survival‚ Reputation‚ and Risk] 1st Ed London R Porter (1980) [Generic Strategies‚ Performance and Risk] Thompson library‚ Stoke Griffin‚ Moorhead (2010) [Organisational Behaviour: managing people and organisations] Tenth edition‚ south western
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09 Ethics Review Short Answer Questions Matthew Table of Contents Hosmer‚ Chapter 1 3 Sexty‚ Chapter 1 3 Sexty‚ Chapter 2 6 Sexty‚ Chapter 3 9 Sexty‚ Chapter 4 12 Hosmer‚ Chapter 1 Identify and explain the individual determinants of moral standards * Personal goals * Expectations of outcomes * Things we want out of life and things we expect others want out of life too * Material possessions‚ lifestyle preferences‚ personal goods‚ social aims * Personal
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