Ans 1 Evolving Meanings of CSR is seriously considering the impact of the company’s actions on society. is the obligation of decision makers to take actions that protect and improve the welfare of society as a whole‚ along with their own interests. supposes that the corporation has economic and legal obligations as well as responsibilities to society that extend beyond these obligations. Four part definition of CSR: Corporate social responsibility encompasses economic‚ legal‚ ethical and discretionary
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1. Using the stakeholder typology model‚ identify and describe the important stakeholders for PCA in relation to the privacy issue. What is the nature of their claim? Discuss whether and how the company chooses to respond to these claims. Introduction: it has been proved that it is crucial for organisations to communicate with their stakeholders that could develop and protect their reputation. And managers need to think very strategically about their business overall and how they can effectively
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process of collecting‚ filtering and analyzing the patients’ information data. Furthermore‚ it would be challenging and time-consuming for staff to review data and compile reports for the various stakeholders as they have to be done manually. What more could she do to convince the clinicians and stakeholders of the EMR system’s value? Highlight the benefits Clincians -Point out that the EMR’s patient summary sheet help reduce the time to review patient dataAllow them to spend more time with the
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all share a common feature. This feature is internal and external stakeholders. An organization can have a wide variety of internal and external stakeholders. It is vital to make certain that designated managers within the organization keeps both internal and external stakeholders informed of accolades‚ potential problems‚ problems‚ as well as any other issue that has transpired that will affect them. By doing so‚ all stakeholders will remain happy‚ and may even be able to offer applicable feedback
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: The process through which organizations: -Analyze and learn from stakeholders inside and outside of the organization -Establish a strategic direction -Create strategies that are intended to help achieve established goals‚ and execute those strategies… …all in an effort to satisfy key organizational stakeholders. External stakeholders (examples of these?) Internal stakeholders (examples of these?): Internal stakeholders include managers‚ employees‚ the owners‚ and their representatives (e
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INDIVIDUAL ASSIGNMENT 1. What makes Zara different from other specialty apparel retailers? What are the main differences in the business models of Zara and H&M? Zara’s greatest strength and at the same time the difference from other specialty apparel retailers lies in its supply chain ‚ which allows Zara to turn over new styles in a fraction of the time ( three weeks ) it takes conventional retailers. It is interesting how the two leading fashion retailers ( Zara and H&M ) have totally opposite
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Business Ethics “Monsanto Attempts to Balance Stakeholder Interest” Write a case analysis of case #1‚ “Monsanto Attempts to Balance Stakeholder Interest”‚ page 308-317. An analysis paper should address the following: (USE THIS GUIDELINE FOR ALL OF YOUR PAPERS) 1. What are the main facts of the case? (Not all the facts/the main facts) Monsanto is an enormous corporation‚ originating as a chemical company at the turn of the twentieth century. Expansion to India and Africa have been stated
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The Role of Stakeholder Steven L Jones MGT/420 November 29‚ 2012 Felix Figuereo The Role of Stakeholder In the business world it is important to have an effective Quality Management Process. Before this plan can be implemented it is also important to identify those that will execute this plan. Stakeholders are the people that will ultimately get this plan rolling and manage the effectiveness. Stakeholders are basically anybody or a specific entity interested in the particular business
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Vivian Pankey Neisha Vitello Executive Summary Zara is the flagship fashion retail company under the parent corporation Inditex. First opened in Spain‚ Zara currently has a network of 1‚292 stores spread across 72 countries. The infrastructure Zara has built is a core competency. Their innovations to bring new fashion designs to market faster than competitors differentiates Zara from their rivals. Managers believe the allure of Zara is the freshness of its offerings‚ the creation of a sense
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Strength Brand Zara is one of the famous national costume brands. There are about 2000 chain store at about 50 countries‚ and it be evaluated the most research value brand in the Europe. Zara has big potential development ability in the future Amount of clothing styles Zara always produced about 20 thousand kinds of styles clothes every year‚ so it gives some selections to different customers. Zara always give a fashion and strange feeling to customers. More selections and follow fashion
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