“The Challenge of Managing Relationships with Stakeholders” A Case Study on Business Ethics and Stakeholder Relationships A Report by Abdul Rahman Nawawi Holger Behrens Jurattana Jamkrajang Paphat Kriangthanapha Phikulthong Pangjunan Suttasinee Suebsahakarn Younten Phuntso 53060790 52027564 50019826 52032481 54055255 52047480 53060909 Submitted to Ajarn Nakul Boonrod 29 May 2012 In partial fulfillment for the course: IBC 360: Business Ethics Semester 2/2011 1 Table of Contents
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a hole in it‚ some rays get through and heat the water temperature (Global Warming). The coral cannot survive the warmer sea temperatures. Other threats: -Crown of thorns starfish -Shipping -Tourism -Fishing (commercial and recreational) STAKEHOLDERS: - Local Residents: people who live nearby the reef or its catchment areas - Tourists: people who come to visit the Great Barrier Reef. They often come by boat. - Farmers: people who work the land nearby the reef or its catchment areas - Government:
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I am going to evaluate the influence that stakeholders exert on Tesco. I will be evaluating the following stakeholders: customers‚ employees‚ shareholders‚ suppliers‚ the government and owners. The first stakeholder I am going to evaluate is customers which are external stakeholders. Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons‚ customers do not want to have to spend an excessive amount of money
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Describe the different stakeholders who influence the purpose of two contrasting businesses A stakeholder is an individual or group with an interest in the success of a business in delivering intended results and sustaining the capability of the company’s products and services. Well basically stakeholders are groups of people with an interest/concern about the progress of a business. There are internal and external stakeholders in every business. An internal stakeholder is someone linked internally
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D1- Evaluate the influence different stakeholders exert in one organisation. I am going to evaluate how important it is for stakeholders to exert on an organisation. This is stakeholders such as employees‚ customers‚ shareholders‚ suppliers‚ owners and the government. I will also state if the influences have positive/negative effects on the long term success of the organisation. Woodbridge- The two types of stakeholder I am going to explain are students and the local community. Students can
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Study Kasus : Hershey Foods CompanyBoard of Director and Stakeholder conflict over saleSinopsis Kasus:Kasus ini mengeksplore issue governance dari perspektif yayasan HTC ( Hershey Trust Company). Latar belakang kasus ini adalah perbedaan pendapat/visi antara manager yang menjalankan perusahaan dan shareholder. Tujuan dari study kasus ini adalah untuk mengidentifikasi tekanan yang dihadapi perusahaan dan shareholdernya‚ yang diikiuti dengan perubahan strategik yang signifikan di perusahaan Hershey
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Typical stakeholders in a organisation might include • Customers: customers want value for money which involves providing the highest quality products at competitive prices. • Employees: Their stake is that the company provides them with am livelihood. They want security of employments‚ good rates of reward and also promotional opportunities. • Suppliers: They want to feel valued by the company and want frequent orders with prompt payments. • Owners: In a company it would be the shareholders
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Student name Level QCF Level 3: BTEC National Unit number & title Unit 21: Aspects of Contract & Business Law Credit value 10 Assessed by Date issued Deadline date Brief Internally verified Date Signature Aim and purpose This unit introduces you to the operation of the law of contract as it applies to businesses. You will also apply to consumer situations and consider the meaning and effect of standard form contracts. Unit introduction A business can
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Stakeholders are individuals or groups that have some claim on the company. They can be divided into internal claimants and external claimants. Internal claimants are stockholders and employees including executive officers and board member while external claimants are all other individuals and groups affected by the company’s actions. Typically‚ they comprise of customers‚ suppliers‚ governments‚ unions‚ competitors‚ local communities and the general public. Stakeholders can influence the organisations
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CHALLENGES OF THE VIKING SEWING MACHINE GROUP IN STRATERGIC MANAGEMENT INTRODUCTION The Viking Sewing machine (VSM) company was originally controlled by Electrolux‚ having acquired it in 1997; but was sold 20 years later to an investment fund‚ Industri Kapital. The company is into the business of sewing machine manufacturing and has since grown to be a force to be reckoned within the same industry since 1997. The mission statement of the company reflects the intention of the management of
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