1.0 INTRODUCTION In this assignment I will rank the stakeholders of Tesco relating to importance to the organisation with 1 being the most important and 7 being the least important. I will then write a statement about the importance of each stake holder relating to Tesco. 2.0 IMPORTANCE OF STAKEHOLDERS STAKEHOLDER | IMPORTANCE 1=HIGHEST - 7= LOWEST | JUSTIFICATION | Customers | 1 | Customers are the most important stakeholder‚ without them Tesco can’t make revenue or profits | Employees
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positive communications and actions focused on stakeholders. The vision and mission are attainable without extravagant financial or strategic requirements. 2a) What are the financial objectives? 2a)The financial objectives are to increase internet sales and preserve low operating costs to increase revenue as well as expanding by opening new stores. 2b) What are the strategic objectives? 2b) The strategic objectives are all related to stakeholder satisfaction‚ from customer to shareholder. Costco
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APPAREL” SATISFY ALL OF ITS STAKEHOLDERS & SURVIVE? CASE QUESTIONS: 1. Who are the primary stakeholders of Knights Apparel? As we know‚ a primary stakeholder is one whose personal or financial situation is directly affect by the performance of a business. In other words‚ people directly benefiting from or affected by a particular business activity. As we can read from the text‚ Knights Apparel is a private company managed by Joe Bozich‚ the CEO. And the primary stakeholders also include: The employees
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salient stakeholders of the chosen organization based on their key roles and relationships with the company. 3.Suggest five (5) ways in which the primary stakeholders can influence the organization’s financial performance. Provide support for the response. 4. Specify one (1) controversial corporate social responsibility concern associated with your selected organization. 5. Assuming you are the leader of the most influential stakeholder group‚ outline a plan to form a stakeholder coalition
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Both stakeholders and evaluators closely monitored the accuracy of the data to ensure that no biased interpretations were made. Special attention was given to protect human and legal rights and maintained the dignity of all the participants and stakeholders. Informed consent was received from the students and parents or legal guardians. Documents were carefully worded when necessary
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© Paul Hoang and IBID Press 1 Business & Management – Answer Book Important message from the author Dear Colleagues‚ Thank you for purchasing my textbook and for the encouraging words that many of you have passed on from around the world. In the final installment‚ I have put together answers/solutions to all 217 case studies. I hope you will find these solutions as a useful starting point. As with all B&M mark schemes‚ the solutions in this Answer Book should be used with caution
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the communication strategy of the fictional new CEO of XYZ global financial services firm‚ which has been negatively impacted by a national investment crisis and plans to release to its target audience and stakeholders‚ utilizing tools such as Mary Munter’s Audience Strategy. The stakeholders have been identified as the firm’s employees‚ customers‚ shareholders‚ and the financial regulators. The shared common concerns of this group are the financial health of XYZ global financial services firm
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Part A (a): Ethical dilemma Kate is faced with the dilemma is weather to report about the contaminated milk to the Queensland Food Safety Authority (FSA). Ethical egoism Under ethical egoism‚ Kate should report the issue to the food safety Authority. Because under the ethical egoism it is maximising the self-interest which she doesn’t want to see customers get ill and furthermore the business get bad publicity. Also being rewarded as a most honest person in the restaurant she doesn’t want to be
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Ethical Decisions for Stakeholders: A Practical Application Introduction Organizational culture‚ or the values‚ attitudes and beliefs held by an organization‚ directly impacts all the stakeholders of an organization. This assignment looks at a hypothetical scenario from Strait about a situation at private university. The goal is to determine an ethical decision that has the greatest benefits to the stakeholders in this organizational culture. To lend insight to the university
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Be Intelligent—Identify the Stakeholders You’ve identified the issue‚ and your ultimate goal is to take an action that will solve or address that issue. But we can’t skip right to the end just yet! Before thinking about the solution‚ consider the other people in the situation. Your decision—even if that decision is to do nothing—will have an effect on some people. We call these people the stakeholders. Like a pebble hitting the water‚ our actions have consequences that ripple out from the
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