Stakeholders vs. Shareholders The definition of business strategy is a long term plan of action designed to achieve a particular goal or set of goals or objectives. Stakeholder is a person‚ group‚ or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization’s actions‚ objectives‚ and policies. Shareholder is someone who owns shares of stock in a corporation or mutual fund. For corporations‚ along with the ownership comes a right
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In every organisation there are stakeholders and these stakeholders are split up in groups; Internal‚ External and Linked. Internal stakeholders are individuals that are within an organisation such as workers‚ panel of administrators and professionals. Linked stakeholders are individuals that are associated with the organisation or use their products or services. These are clients‚ providers‚ share-holders and opponents. Finally‚ outside stakeholders are those individuals that are not engaged in
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power against stakeholders e.g. customers‚ employees‚ suppliers‚ public‚ communities”. Do you agree or disagree? Explain what you answer is and why have you reached that conclusion. You are to include a clear rational argument for your case that has strong examples to support your thinking. Unlike shareholders who are solely interested in return dividends and share price growth‚ stakeholders have wide variety of interests in how companies operate. Freeman (1984) stated that stakeholders are‚ “any
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Unit 4 M1+D1 Discuss the nature-nurture debate in relation to the development of an individual The nature- nurture debate refers to the processes that we grow and develop. Nature implies that we develop certain aspects because we are genetically supposed to. However‚ nurture implies that we develop because of our surroundings‚ what we learn and influence from our role models. For the infancy stage nature could be seen as responsible for the developing of the child. The chromosomes from both the
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M2 and D1 – The Children’s act 1989 (revised 2004.) The children’s act 1989 is a UK act‚ which will protect all children against substantial harm or abuse from parents. The main points of the act‚ is to support the children in any setting which will provide a safe environment. By making sure that cared for make sure that good care standards will be put in place to protect them. The act was revised in 2004 to provide a broader outcome as the children got older. It was changed due to the lack of
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Economic Environment The impact that a change in Government Decisions will have on my business could be done through many ways‚ one of these is that it could change how customers of Apple act as they may need to follow certain laws such as taxes which would impact customer’s spending. Another way Apple can be impacted is that government would stop people of the country using certain technological services such as blocking of the internet and Wi-Fi‚ and this would then impact the sales of this in
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There has been major discussion recently if college athletes should or shouldn’t be paid while they are in school. The first thing opponents say is‚ "They’re already getting a scholarship! That’s more than anybody else! Don’t be greedy!" Fine‚ let’s not be greedy and look at how much a scholarship is actually worth. On average‚ a full Division 1 scholarship is $25‚000 per year. "That’s $100‚000 over four years!" Yes it is‚ but most athletes don’t last at a school for the whole four years
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Corporate stakeholders and their roles A corporate stakeholder is a party that affects or can be affected by the actions of the business as a whole. Corporate stakeholders can also refer to those groups without whose support the organization would cease to exist. The following are some of corporate stakeholders and their roles: Employees An employee is a person in the service of another under any contract of hire‚ express or implied‚ oral or written‚ where the employer has the power
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Assignment # 1 Stakeholder analysis on the British Petroleum oil spill disaster Stakeholder: UK and USA Government The British Petroleum (BP) oil spill in the Gulf of Mexico flowed unabated for three months in 2010. It is the largest accidental marine oil spill in the history of the petroleum industry. This event affected individuals and groups‚ know as stakeholders‚ in different ways according to the impact that the catastrophe meant to their situation. The stakeholders treated in this case are
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Good analysis of two practical cases of real businesses adopting e-business practices to compete more effectively. The emphasis may be on marketing‚ product development‚ pricing or customer relations. M2 Confused.com is a comparison website that operates in the UK and specializing in insurance and financial services. There are a lot of similar website which are confused.com competitors that all offer similar services with similar price comparison strategies specifically concerning insurance
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