A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. Some examples of key stakeholders are creditors‚ directors‚ employees‚ government (and its agencies)‚ owners (shareholders)‚ suppliers‚ unions‚ and the community from which the business draws its resources. Not all stakeholders are equal. A company’s customers are entitled to fair trading practices
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Stakeholder versus Shareholder Stakeholder theory thinks that the enterprise is a series of contracts with various stakeholders to form various stakeholder consultations‚ the outcome of a transaction‚ whether investors‚ managers‚ employees‚ customers‚ suppliers‚ or government departments‚ community‚ etc.‚ they are enterprise-specific investments and bear the risks. On the other hand‚ Shareholder theory thinks that not only the market will be sound‚ permanent‚ and viable‚ but also the ethical issues
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Fundamentals of Human Resource Management –S1000 Assignment 3 Walmart Case Study June 12‚ 2012 1. Imagine that you are the senior human resource manager for Wal-Mart Canada. What might be your concerns about unionization? • Increased operating costs (wages‚ benefits). • More work. • More operating constraints. • Conflict disputes/Mediation/Arbitration. • Employees banning together against the company. • Social media concerns - breach of information/fights between union members
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well-being. Universities‚ hospitals‚ contract laboratories‚ pharmaceutical companies‚ and government agencies contribute to unethical animal testing. The cruel living conditions and senseless torture of these animals goes unnoticed by the majority of worldwide citizens. It is important that we bring this heinous practice to the attention of those who are unaware of these unethical procedures. Every year in Australia thousands of animals are killed in school‚ college‚ and university courses.
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Introduction Wal-Mart Stores‚ Inc. is an American public corporation that runs a chain of large‚ discount department stores. It was founded by Sam Walton in 1962. On July 2‚ the first Wal-Mart Discount City store was opened in Rogers‚ Arkansas. Within five years‚ the company expanded to 24 stores across Arkansas and reached $12.6 million in sales. Now‚ Wal-Mart is becoming one of the most famous grocery stores in the world. The function of business Wal-Mart can be categorized in three Subsidiaries
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or psychological pain inflicted on supposed criminals as a means of intimidation‚ deterent or punishment‚ or to induce them to confess their crimes‚ and to reveal their associates.”(para. 1). We have been conditioned to believe that the act is unethical and unconstitutional but‚ when combined with terrorist
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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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start to get unethical when you start creating a change.
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turned out if any variables had been changed.” (Goodreads) Charlie’s A mentally challenged thirty-two year old man with an IQ of sixty-eight‚ has a mind of a six year old‚ and who works at a Bakery in New York. The operation performed on Charlie is unethical‚ because God made him that way if he wanted him to be like that he would’ve been that way‚ If he can’t make the decision on his own they shouldn’t operate on him‚ and after the experiment charlie feeled like a laboratory animal after the operation
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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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