I feel the more important stakeholder of the Better Business Bureau is the consumer. Consumers are the full reason why the organization is in existence. Upon inception, the Better Business Bureau was tasked with providing the consumer with the important vast knowledge of the purchase so that the consumer could be as equipped as possible when making a purchase. The organization also provides a unique service to those consumers of insurability. There is a peace in knowing that once a purchase is
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1. Explain the concepts of stake and stakeholder from your perspective as an individual. What kinds of stakes and stakeholders do you have? Discuss. The idea of stake in my point of view as an individual would be a investment that you have made to yourself future, my stake in that would be I have put in a lot of time to educating myself and having good education so that can lead me get a good life. So for me stake means investing in myself future. On other word, stakes A stake is something that
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a) According to Businessdictionary.com, stakeholders are persons, groups, or organizations that can affect and be affected by an organization’s actions, objectives, or policies. AggiePride Nationewide is a stakeholder in this case because her unethical actions of forcefully adjusting the trial balance negatively impacted the financial statements for Martin Company. Martin Company is a stakeholder because its financials could be under- or overstated due to Agg-ie’s poor preparation of the trial
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Evidence 1. What is a stakeholder? A stakeholder is a person who is either directly or indirectly affected or involved in an organisation or event. Direct stakeholders have a defined and measurable role in the operations, procedures and policies of the organisation. They can either control or direct an operation or procedure or are impacted in some way by it. Examples include directors and managers, employees, clients and customers, and suppliers. Indirect stakeholders are those who are impacted
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BA-514, Ethics of Business, we examined Freeman’s stakeholder theory and learned that stakeholders fall into one of two categories: Internal like employees, managers and owners, or External like suppliers, customers, society government, competitors, and environmentalists. A successful corporation should concern itself with how it benefits all of its potential stakeholders because, according to the General Systems Theory, the corporation and the stakeholders cannot operate independent of each other. I
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University of Phoenix. All rights reserved. Course Description This course prepares graduate students to apply written and oral communication principles to the roles they play as managers. Students will learn how to persuade a variety of stakeholders to commit to a proposal. Other topics include the role of perception in communication techniques, aligning communication to an audience, business justifications, presenting data, and ethics in organizational communications. Policies Faculty
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Brittany Sawyer January 15, 2012 BUS_240_N Case 1 pg.302 1. Does Monsanto maintain an ethical culture that can effectively respond to various stakeholders? I believe that overall Monsanto has tried to maintain a good ethical culture to their different stakeholders. I say this because even with all the issues they went through, and still going through, they have took blame and fixed it the best way possible. For example, when word got out about Monsanto dumping toxic waste into a creek they
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Running head: GAP ANALYSIS: GLOBAL COMMUNICATIONS Gap Analysis: Global Communications University of Phoenix Gap Analysis: Global Communications This paper identifies the key issues faced with Global Communications’ declining marketability and competitive edge and revenue. In addition, as a result of its current state, this paper will discuss steps taken by the company to overcome their shortcomings and the reaction to the strategies implemented while also providing several alternative
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goals for our organization. The first step to selecting an information system is to put together a team to develop a process. The first step is selecting a team. This team would be the stakeholders. They would decide which system would help the most in what the organization is trying to accomplish. “The stakeholders of the organization have seen a need in an increase in a certain area which an information system can help and the information system will be brought in to address that particular need”
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and 3 external stakeholders for a total of 6 separately identified stakeholders. Define what a stakeholder is in general, why it is important, and what impact it has on an organization. In answering the question specifically, examine why each identified group applies as a stakeholder, why it is considered internal or external, and the actual dealings Dr. DoRight might have with that group. This should provide you with ample opportunity for outside research. Q2 – Each stakeholder group has a different
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