My organization (Encana) has many internal and external key stakeholders that include the following: Customers JV Partners Landowners Environmental groups Shareholders Government Regulatory Bodies Industry associations Suppliers Contractors Employees Internal Business Unit Leaders Internal service group providers to Business Units Based on my position within the company I’ll talk to two of the above stakeholders and relationships I’m more familiar - Government Regulatory Bodies and Contractors‚
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Unit 1: The Business Environment P2: To describe the influence of stakeholders on the business. Stakeholders: A stakeholder is anyone with an interest in a business. Stakeholders are individuals‚ groups or organisations that are affected by the activity of the business. There are two types of stakeholders: – Internal: These are groups within the business including owners and workers. – External: These are groups from outside of the business including the community.
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Marijuana is a very prominent and controversial issue in society today. Although many slanderous claims have been made about cannabis in recent history‚ the truths are slowly starting to resurface. Unfortunately‚ these truths are under heavy criticism due to the stereotypical view of what people view as the typical “pot smoker.” This skewed perception of a lazy and unmotivated American is the result of over seventy years of propaganda and misinformation spread by private interests who relied on illegal
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Stakeholders People‚ groups or other organizations who have an interest‚ claim‚ or stake in an organization‚ in what it does‚ and in how well it performs. Organizations exist because of their ability to create valued goods and services which yield acceptable outcomes for various groups of stakeholders‚ people who have an interest‚ claim‚ or stake in the organization‚ in what it does‚ and in how well it performs. In general‚ stakeholders are motivated to participate in an organization if they receive
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purposes of corporations are investigated under two different approaches on corporate value maximization: Shareholder Approach and Stakeholder Approach. So‚ firstly both approaches are defined briefly. Secondly‚ compare and contrast of shareholder and stakeholder approaches is made. Keywords: Purpose‚ Corporation‚ Value Maximization‚ Shareholder Approach‚ Stakeholder Approach. Shareholder Approach on Value Maximization: Shareholder approach on value maximization focuses
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Legalizing Marijuana Marijuana is a hallucinogen; its active property is THC. Marijuana is the most widely used illegal drug in the U.S.‚ and is often the first illegal drug used by teenagers. Some states have legalized marijuana for medical purposes only. From a rational point of view‚ individuals deserve the right to make choices for themselves. The government only has a right to limit those choices if the individual’s actions endanger someone else. This does not apply to marijuana‚ since the
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AL & Eskerod. P 2008‚ ‘Stakeholder analysis in projects: Challenges in using current guidelines in the real world’‚ International Journal of Project Management‚ vol.27. no.4‚ pp.335-343‚ viewed 08 May 2014‚ Elsevier SD Freedom Collection. B. Introduction: Stakeholder management is a part of quality strategy in any project. It is a challenge for any project manager to successfully manage the stakeholder. In that process first comes the analysis of the stakeholders. The article puts the current
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THE ROLE AND IMPORTANCE OF STAKEHOLDERS IN PRODUCT DEVELOPMENT Patrik Nilsson and Björn Fagerström Engineering and Industrial Design Product and Production Development Chalmers University of Technology SE-412 96 Göteborg‚ Sweden Abstract: Today‚ product development is a complex process: the designer continuously needs to consider new demands from different stakeholders and analyse how these demands can be fulfilled. Gathering and sharing stakeholder information is important‚ but is only beneficial
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Exploratory Essay Legalization: Good or Bad? As part of the Marijuana Tax Act of 1937‚ Marijuana for all purposes was outlawed nationwide. Prior to this Act‚ over 30 states had prohibition laws towards Marijuana because farmers who employed mainly Hispanic workers complained that this drug would cause people to become “slow” or “lazy” and would also cause the users to become addicted. Besides the popularity among this crowd‚ marijuana was used as an intoxicant during the 1850’s through the 1930’s
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Marijuana: Should it be Legal? Kizzy Richardson BCOM 275 July 17‚ 2011 LaRhonda Jones Marijuana: Should it be Legal? Marijuana has been noted to be the most valuable herb for centuries. The medical use of cannabis dates back to 2700 B.C. with the father of Chinese medicine‚ Shen Nung. Sir Russell Reynolds‚ the private physician to Queen Victoria‚ prescribed marijuana for menstrual cramps and wrote the first issue of The Lancelot stating‚ “When pure and administered carefully‚ it is one
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