...put forth by the parents included effects on the quality of education, increased in travel to and from school, blending of economic and cultural boundaries, effects on property values, and social influences on children. In this paper a plan to address stakeholders concerns will be provided and the stakeholders will be identified. Next, this paper will determine what negotiation strategy to employ in an effort to effectively support the school board’s need to redraw the boundaries while addressing the concerns of the stakeholders. Finally, this paper will explain how ethics and culture affect the decision from the Miami School District. Stakeholders and a Plan to Address Their Concerns Numerous stakeholders are affected by these negotiations. According to Lewicki, Saunders, and Barry, stakeholders are the various individuals and organizations that possess a stake or interest in the outcome of the negotiations. Clearly, interested stakeholders in these negotiations include the Miami School District, students and parents. The stakeholders in this dispute bring different priorities to the negotiation table. The challenge facing everyone involved in this debate is developing a plan that addresses all interested stakeholders’...
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...Assessment Criteria 1.2: Describe the extent to which an organisation meets the objectives of different stakeholders. In an organisation different stakeholders have different objectives and a company will try to change their techniques to please the stakeholders. A stakeholder is somebody who can affect or is affected by the actions of an organisation. They could be working in the company or an external party for example shareholders, employees, government, suppliers. Stakeholders hold the power to impact an organisation in several ways. Environmental groups and trade unions also come into effect when an organisation is making business decisions as they have to remain ethical and provide equal opportunities to employees. It is said that the structure of organisation has an impact not only on the type of stakeholders involved but also to a large degree on how their interests are represented. (Worthington. I, Britton. C, 2011) Investors are the providers of risk capital and their advisers are concerned with the risk inherent in, and return provided by, their investments. A business must always meet the needs of shareholders as they hold the power to cause change. They need information to help them determine whether they should buy, hold or sell. Shareholders are also interested in information which enables them to assess the ability of the enterprise to pay dividends. Shareholders are vital for a business as they provide an influx of funds for the company and can act as a backup...
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...organisation was unsuccessful on their takeover bid on British company AstraZeneca, due to their recent scandals on animal testing, testing drugs on children and bribery issues to resolve their illegal activities (paying 60 million to settle their charges). Each businesses should take into consideration their ethical standards and corporate social responsibility (CSR) . Therefore, it is inevitable to maintain sustainability in order to achieve good public image and reputation within their stakeholders. This report will examine the ethical behaviour including the Corporate Social Responsibility of Pfizer, M&S and Shell Global Plc. Pfizer primary mission is to improve the health welfare of each of its stakeholders needs and wants (Pfizer, 2007). The company uses science as a mechanism to create ways of establishing standards on their safety, quality and values which results in ways of expanding and producing medicines. The vision of the company is to prevent the wellbeing of its stakeholders and prevent illness through consistent research of bringing up treatment and cures. Historically, the firm existed more than 150 years cooperating with government, healthcare...
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... * University of Phoenix This case’s purpose is fully to examine how Ethics plays a vital role in the decision-making process within the given scenario. First of all, the stakeholders in this situation need to be defined before examining the issues. Next, the examination of the ethical issues involved within the context of the given scenario needs to be looked at. Finally, an analysis of what ethical actions I would have taken if I was Wayne Terrago under the circumstances given in this scenario will be explored. To begin with, the stakeholders in this situation need to be defined before examining the issues. After careful assessment of the situation, I will lay out a step by step reasoning behind who I believe are the main stakeholders in this ethical dilemma. The most obvious stakeholders in this given situation are the President of Robbins Industries, the Vice President of Finance of Robbins Industries, and Mr. Wayne Terrago, the Controller of Robbins Industries because they are the individuals responsible for making the decisions in this situation and are the main decision makers responsible for financial and accounting decisions at Robbins Industries. The shareholders and the employees of Robbins Industries will be the stakeholders who will be most affected by the decision that will be made by the three decision makers because in most cases of accounting fraud by a company, the losers in the situation more often than not are the shareholders...
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...page 2 3.2. Purpose and aims of the event page 3 3.3. Market research page 3 3.4. Shareholders analysis page 3 3.5. Venue page 4 3.6. Resources page 4 3.7. Costing page 5 3. Conclusion page 6 4. Reference page 7 5. Appendix page 7-8 1. Introduction This report is compiled by Michal Kapral as a requirement for ‘Organizing the events’ course at Edinburgh College. The purpose of this report is to describe proposed event concept, highlight a purpose for the event and its aims. Further, the weaknesses and strengths of the proposed event are discussed. Then the report goes on to analysis of the market research results and the stakeholders’ analysis is carried out. Additionally the venue, resources and costings are explained. Finally the conclusion is drawn. The report was compiled using secondary research – internet research and all information are coming from reliable resources detailed in the reference (page 5). Additionally the primary research has been carried out – market research survey (see appendix page 6). 2. Findings 3.1. Event concept The idea for this event is to organise a three day photo exhibition in collaboration with Edinburgh College students. The reason for this is to show and promote the young artists of Edinburgh and to raise funds for Anthony Nolan charity. The second part of the event is the auction at which exhibit photo prints...
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...In an international business there has to be at least 2 parties, from different countries, negotiating a business deal. There are 2 factors in the international negotiation. The environmental context – this Includes environmental forces that neither negotiator controls that influence the negotiation The immediate context – this Includes factors over which negotiators appear to have some control The following diagram below shows the context of international negotiations. According to the above diagram, the 6 factors in the environmental context that makes international negotiation different from the national are: (1) Political and legal pluralism Firms from different countries work with different legal and political systems. There are large concerns about the political risks. (2) International economics The value of foreign currencies which fluctuates from time to time; this factor needs to be negotiated. (3) Foreign governments and bureaucracies The level of governmental meddling in business in many nations is wide-ranging. In countries firms are free from government regulations while in others they are not. Parties need to know whether the governments should be included in their negotiations or not. (4) Instability Instability can be caused due to lack of resources (electricity/computers), shortages of other goods and services (water, transportation and proper food) and political instability (government policies). (5) Ideology & Culture ...
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...aim to gain senior support to try and ensure the project is successful. If there isn’t enough support from higher roles in the organization the project may not succeed. Some of the roles that a project champion may have to undertake are to: break down barriers, provide moral support, ensure stakeholder satisfaction, provide leadership and provide communication between stakeholders and the project team. Various roles of an IT dev project champion “Champions are the people who use their credibility, clout and charisma to ensure that the project is successful.” (Tayntor, 2006) * Leadership Although project champions aren’t project leaders, they must provide some form of leadership towards the project. Because champions deal with senior members of the organization and the project team, they must be able to communicate between the two parties and this requires leadership. * Provide communication between stakeholders and the project team In big organizations, stakeholders often have very little interaction with the project team (Rochon, n.d.). This provides the project champion with another role, the project champion needs to be a messenger between the two parties. If the stakeholders have any concerns or general questions about the project the project champion will provide information from the project leader and if the project team has any questions they want to ask senior management for example, the champion will do so on their behalf. * Provide moral support The...
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...STAKE HOLDER MANAGEMENT Introduction. A stakeholder is any person or organization who can be positively or negatively affected or affect the actions of: a company, government or organization. People who have vested interest in the policy that is being promoted are considered stakeholders in the process. There are various types of stake holders.Exaple: * Primary stakeholders: are those ultimately affected, either positively or negatively by an organization's actions. * Secondary stakeholders: are the ‘intermediaries’, that is, persons or organizations who are indirectly affected by an organization's actions. * Key stakeholders: (who can also belong to the first two groups) have significant influence upon or importance within an organization. Stakeholder analysis is a term that refers to the action of analyzing the attitudes of stakeholders towards something such as a project. It is frequently used during the preparation phase of a project to assess the attitudes of the stakeholders regarding the potential changes. Stakeholder analysis can be done once or on a regular basis to track changes in stakeholder attitudes. Stakeholder analysis is a process of systematically gathering and analyzing qualitative Information to determine whose interests should be taken into account when developing and implementing a project. [Citation needed] Stakeholder analysis in conflict resolution, project management, and business administration, is the process of identifying the individuals...
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...Supplemental questions 4. To accomplish the functions of the position, the successful candidate must be able to work collaboratively with colleagues from throughout the agency and external stakeholders. Please briefly explain your definition of what it means to work collaboratively. What experience have you had that has helped you develop this ability, and what did you learn from the experience? Planning is a collaborative process, led by the public agencies, including State/MPO/RTPA and other key stakeholders in the regional transportation system, which can only be achieve through open communication, cooperation, and commitment to teamwork. Transportation planning activities include visioning, forecasting population/employment, identifying major growth corridors, projecting future land use, assessing needs, developing capital and operating strategies to move people and goods, and developing a financial plan. The required planning processes are designed to foster involvement by all interested parties, such as the business community, community groups, walking and bicycling representatives, environmental organizations, the Native American community, neighboring MPO/RTPA and the general public through an open and proactive public participation process. As a Transportation Planner working for the California Department of Transportation, I...
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...Alfathan Rizqy Pambudi 13311293 The Rule Accounting information in decision making Introduction In this day organization on business activity always face the problem including internal and external problem. Decision making be required for face the problem and make the organization get higher profit than before. One of the factors to support the decision making is the need for an adequate information system so that if there occurs an error in the company's policy, managers can make decisions quickly to address these issues. to obtain adequate information we need accounting information. Accounting information is a systematic connective issue in the presentation of useful information and can power to help leaders companies in an effort to achieve organizational goals that have been set previously. If accounting information connected with object information like product and companies activity it will generate accurate accounting information, It will help manager make right decision and useful for organizational behavior and human behavior in organization. Decision making divided into two, long-term decision and short-term decision. Long-term decision was made by manager can useful for one year or more. Example for long term decision are buy or rent a machine, buy machine with cash or credit, etc. short-term decision was made by manager, when that decision was made will directly affect for organizational or employees. Examples of short term decision are what products should...
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...TOUR19020 - Destination Management Assignment 2 Research Report on Australian Destination Management Student Name: Tianrou Zhou & Amy Zeng Lecturer: David Ponton Table of Contents 1.0 Introduction 3 2.0 Product development 3 3.0 Partnerships, community and tourism stakeholder relations 6 3.1 Partnerships 6 3.2 Community and tourism stakeholder relations 7 4.0 Governance and leadership 8 5.0 Communications and relevant promotions 10 5.1 Integrated marketing communications 10 5.2 Branding and technology application 10 6.0 Comments & Recommendations 11 6.1 Conclusions 11 6.2 Recommendations 12 7.0 Reference List 13 1.0 Introduction This report aims to explore relevant tourism issues of Australia in a more in-depth extent, based on the analyzed results of previous report. The analysis process is conducted in perspectives of product development, partnerships and team building, community and tourism stakeholder relations, governance and leadership as well as communications and relevant promotions, respectively. At the end of this report, comments and recommendations will be drawn according to the analyzed results. This report consists of following five parts: independent discussions from above four dimensions and comments & recommendations at the end. 2.0 Product development After decades of development, tourism has already become the fastest and most prosperous industry in Australia, with a proportion of 2.5% in terms...
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...on the other side “Second Group”. The first group is in favor of SunCal's development project of affordable housing in the expensive Anaheim area, which is close to Disney Park where the workers work. The second party argues that this area should be preserved and dedicated to touristic projects that support Disney Park and refuse the idea of affordable housing projects for workers near Disney Park. 2) Who are the relevant market and nonmarket stakeholders in this situation? Market Stakeholders: - Disney Incorporations - Workers at Disney Park - SunCal's – Housing Developer Non Market Stakeholders: - Chamber of Commerce - City Council - Environmental & Social Activists - Business Groups in the area - Government Officials - Tourists & Visitors of Disney Park 3) What are the various Stakeholders' interests? Please indicate if each stakeholder is in favor of, or opposed to, SunCal's proposed Development. - Disney Incorporation, Chamber of Commerce & Business Groups: Are against developing affordable housing for its workers near the park & prefers to dedicate the area to touristic purposes such as restaurants & resorts. After all, the resort district produced more than half of Anaheim’s tax revenue (5% of Anaheim's Area) and those parties are interested in the potential revenue from building resorts & hotels in this area instead of affordable housing. - Disney Workers, Social & Environmental Activists & SunCal: Are in favor of the affordable housing for workers...
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...procedures, and clearly defined responsibilities and accountabilities used by stakeholders to overcome the conflicts of interest inherent in the corporate form. * Corporate governance is concerned primarily with protecting weak and widely dispersed shareholders against self-interested Directors and Managers. Shareholders and Stakeholders: Shareholders are stakeholders in a corporation, but stakeholders are not always shareholders. A shareholder owns part of a company through stock ownership, while a stakeholder is interested in the performance of a company for reasons other than just stock appreciation. Stakeholder for example employees, suppliers, customers… Directors: Guardians of the company’s assets for the shareholders. The boards of directors are an intermediary between the shareholders and management, and represent shareholders’ interests by: monitoring managers, approving strategies and policies. Managers: who use the company’s asset. Managers may be more interested in expanding the size of the business, bonuses based on earnings, taking on excessive risks, or job security. The objectives of a corporate governance system are (1) to eliminate or mitigate conflicts of interest among stakeholders, particularly between managers and shareholders, and (2) to ensure that the assets of the company are used efficiently and productively and in the best interests of the investors and other stakeholders. Focused on preventing corporate collapses. Four Principles of Corporate...
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...collapses of listed corporations. Auditors who signed off a set accounts which turned out be a misrepresentation of the facts, and about losing its self-regulatory role. Lack of board accountability for such matters as directors’ pay. Corporate Governance Contemporary corporate governance started in 1992 with the Cadbury report in the UK Cadbury was the result of several high profile company collapses is concerned primarily with protecting weak and widely dispersed shareholders against self-interested Directors and managers Cadbury Report 1992 The committee on the financial aspects of corporate governance’ The Code of Best Practice’ (1992) Voluntary code ▪ But for listed companies a compliance statement was required ▪ ‘Comply or explain’ – Principles rather than rules The ‘principles v rules’ argument (UK v USA) The following example is a true case, but in a non-financial setting (from China Daily, December 2007) Corporate Governance Parties Shareholders – those that own the company Directors – Guardians of the Company’s assets for the...
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...Stakeholder engagement Stakeholder engagement is a process which is close to the heart of all major organisations which have a sound operating philosophy. By engaging with the stakeholders, the CEO’s ensure the long term success of their business or projects. This is by getting the various interested parties to buy into the success of their venture by making them a part of the decision making and also ensuring that their concerns or requirements are met. Even though this may be driven by rules and regulations to a great extend, we are witnessing a more proactive, inclusive and broader approach in recent times. This is usually a cradle to grave approach taking into consideration the whole life span of the project and its continued or total impact on the various parties involved. The positive impact of good stakeholder relationship on reputation and in turn the profitability of the venture is well recognised by the business community. In fact the brand value of a company is directly proportional to its positive rapport with its stakeholders. As in any relationship mutual trust, respect, transparency and understanding, all play a part in maintaining a constructive engagement with the stakeholders. It takes time to build trust and past records become very important for an organisation embarking on a new venture. Organisations have to tailor their engagements to suit their business depending on the size of the project, its nature and impact on the stakeholders and the environment...
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