Stakeholders are people who have an interest, claim, or stake in an organization. Stakeholders pertaining to this case study situation are [1]
Marcus
Ray
Management of Hi Power Mower Company
Customers
2) What, if any, are the ethical considerations in this situation?
Ethical Consideration means considering the morals or the principles of morality, right and wrong of an action. It can also be defined as set of code of conduct present in the framework of “Standard of Ethical Conduct for participation of management accounting and financial management”. Marcus Lim should stick to ethical manners as he is supposed to: [2]
Accomplish professional duties in a manner conforming to regulations, …show more content…
[1]
Arts and Culture: By supporting arts and cultural programs and festivals, Boeing aims to cultivate creativity and develop skills essential for stronger communities. [1]
Employees Community Fund: Boeing’s Employees Community Fund is one of the largest employee owned and managed fund. Boeing employees collectively support the needs of local communities through funding. …show more content…
It educates people the importance of protection and preservation of environment through collaboration with research institutions, government and universities. Through new innovations everyday its employees are committed building a better and safe plant and a responsible environmental relationship. Boeing is dedicated towards zero water consumption, greenhouse gas emissions, hazardous waste and solid waste to landfill. [1] [2]
I would like to mention about Boeing’s dedicated commitment towards fuel efficient airplanes aimed at environment protection.
Today Boeing manufactures and delivers modern and the most fuel efficient fleet of airplanes. This not only brings enormous value for customers but also cuts fuel costs and reduces greenhouse gas emission improving environmental performance and aerospace industry. The 787 dreamliner, 747-8 and 737 MAX fleet are their airplanes with less fuel consumption and CO2 emissions by upto 20%. [2]
787 dreamliner – It is their most advanced and efficient airplane in its class setting new standards for environmental performance. Innovative wing, advanced engines and composite materials help 787 reduce fuel consumption and CO2 emissions. The last 787-10 airplane is unmatched to other airplanes in its size with 25% percent better fuel use and emissions.