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
Premium Stakeholder Shareholder Stock
Zambia‚ Tajikistan‚ Guatemala‚ which is the better country to live in? There are 196 independent countries in the world. Some more economically developed than others‚ meaning that some have greater amount of wealth and a higher standard of living. Economic development can be used to differentiate the countries that are richer than others and often wealth goes together with security‚ health and general well-being. Wealth and development is usually measured so-called Gross Domestic Product (GDP)
Premium Economics United States International trade
Human Resource is the Most Important Asset of an Organization I agree with the statement that “Human Resource is the most important asset of an organization.” Human resource is “the set of individuals who make up the workforce of an organization‚ business sector or an economy.” (“Human resource definition”). Human resource is the least mobile of the four factors of production‚ which are resources required for generation of goods and services. The other factors of production are natural resources
Premium Peter Drucker Management Knowledge worker
Salary is the most important factor in motivating employees Motivation plays a significant part in a company in the modern society because only if employees are motivated can they be more productive. In a company‚ managers usually take measures such as pay increase and promotion to motivate workers. In the past decade‚ there have been a large number of surveys on factors that motivate employees to perform their best (Wiley 1997). Some experts state that salary is the most important factor in motivating
Premium Motivation
manager should act with regards to the owner of a company and the employees of a company is quite important. A possible answer to this question can be discussed in the stockholder vs. stakeholder debate. Although there are reasonable arguments for both – the stockholder and the stakeholder theory - I will use this paper to show that the stakeholder approach is superior and should be used for business in companies. To reach my conclusion‚ I structured the paper in the following way: The second Chapter
Premium Utilitarianism Fiduciary Stakeholder theory
levels during the day‚ they are normal. The second option given to George as an ultimatum by his boss is to move the plant 15 miles south to Mexico to avoid EPA emissions restrictions and fines. Below is a Stakeholder Analysis of each of the two possible decisions. Stakeholder Analysis Stakeholders Schedule Heavy Work at Night Move Plant to Mexico Stockholders + -- Employee’s at Hondo Plant + --- Customers + - Community of Hondo - --- George (Decision Maker) - -- Environment of Hondo -- ++
Premium Profit maximization Rulemaking Decision making
Business Ethics Index: Measuring Consumer Sentiments toward Business Ethical Practices Author(s): John Tsalikis and Bruce Seaton Source: Journal of Business Ethics‚ Vol. 64‚ No. 4 (Apr.‚ 2006)‚ pp. 317-326 Published by: Springer Stable URL: http://www.jstor.org/stable/25123756 . Accessed: 22/05/2013 02:18 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit
Premium Ethics Business ethics
buying behaviour: An empirical study Abu Bashar‚ Assistant Professor‚ Institute of Management Studies‚ Dehradun. ABSTRACT Although research into CSR and consumer behavior is still relatively young‚ there exists a growing interest in studying the links between CSR and marketing. The Indian consumers are now well aware that‚ in pursuing their business endeavors‚ companies now have to show more responsibility towards society and the environment where they are operating and at the same time do managers
Premium Corporate social responsibility Business ethics Social responsibility
Curtis‚ Lane‚ and Sean Mr. Podoll U.S. History December 17‚ 2016 Automobiles Automobiles are arguably the most important invention of Reconstruction in America. Reconstruction came at a time when the nation was still recovering from the Civil War; it was also the time of industrial revolution in America. Although the Civil War greatly strengthened America’s railroad system there was still a need for something more in the transportation industry. There was a need for something smoother riding
Premium Automobile Karl Benz Transport
Introduction Human resource is the most important asset of an organization. It refers to an employee/worker particular skills and knowledge to contribute to the organization. The success or failure would depend on the caliber of the people working in the organization. In most industry‚ manpower is needed to operate all area of business units in an organization. Regardless of the operative‚ administrative or management level‚ they are the ones who are ensuring the daily operations run smoothly and
Premium Employment Management Alibaba Group