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Stakeholder Theory On The Case Of MUL And SMC Corporation

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The first part of the analysis focuses on the application of the Stakeholder theory on the case of MUL and SMC Corporation and at the end it leads towards the role of Japanese FDI and the impact on infrastructure development. As mentioned in Chapter 2 business is simply about how various stakeholders interact and create value. To understand a business and the relation between the firm and its stakeholders it is very important to recognize how each stakeholder is allied with the firm. The key role is to manage and shape these relationships and this assignment is done by executives or entrepreneurs. Now the case of MSL will be examined under the concepts of the Stakeholder
7.1 Analysis of Maruti Suzuki’s stakeholders
Stakeholder analysis is nowadays …show more content…
In the case of Maruti Suzuki this has been done from the beginning. Osamu Suzuki’s entry in SMC was in the 1970s. He was a banker with a good banking network. He married the granddaughter of Michio Suzuki, the founder of SMC. In 1978 Osamu became the president of SMC. The joint venture with India was the most remarkable project of Osamu Suzuki; he helped SMC to expand its operations overseas. SMC began its operations in India as a Joint Venture with the Government of …show more content…
In 2007 Maruti Udyog Limited got renamed as Maruti Suzuki India Limited (Nayak, 2008.pp 145-146).
Employees are a company’s greatest assets. They need to be provided with encouragement and they need to be integrated into the company’s prime goals. In the case of SMC employees cooperated with the firm from the very beginning and today MSL has one of the largest workforce. The company has been investing to strengthen positive employee relations through various initiatives such as; education, communication training, engagement and overall welfare. (Maruti Suzuki, 2014,

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