PART A Question 1 Utilitarianism Scale: -15 (least happy) to 15 (happiest) Table 1: Benefits and Detriments to Each Stakeholder Stakeholders Tell Customers About Condoitin Don’t Tell Customers About Condoitin Benefits Detriments Benefits Detriments Ming Moral satisfaction (+10) High chance of losing job (-15), less commission (-$5 per sale) (-5) Increased commission ($5 per sale) (+5), keeps the job (+15) Guilt (-6) Ming’s wife (Song) Assuming she knows about the choice and that Ming is…
government and education minister. The people disadvantaged by this include; individuals of low socio-economic class, people whose culture involves learning in a very different way and anybody who does not learn well through language. Question 4 The stakeholders who played a key role in the interviewee’s education include; the headmaster, the teachers and the education sector of the Surrey county council. The interviewee would not change who had input into the education system as she felt…
Page 16 3.3 Evaluation of the Systems used to involve stakeholders in the planning of change in DFCC Bank Plc. In DFCC Bank managing director is a result oriented personality. According to his profile he knows how to manage costs and establish strategic, mutually beneficial partnerships and relationships with the users and vendors. To get him involved in the planning of change, Group facilitation is very important (Kramer and Magee, 1990) Stakeholder Analysis helps the organization to take…
In the article “Can Students Have too Much Tech?” ,Susan Pinker cares about Barack Obama’s policy regarding students having too much technology. Pinker is a stakeholder who is involved in the controversy by being a Psychologist and Columnist. However Pinker is not the only stakeholder in this article. President Obama’s is also a stakeholder because he is the one making the agenda to promise to expand the internet. President Obama found out that the kids coming from struggling families with…
assistant. These traits were emphasized during the walk-through of the school where she noticed possible safety issues over-looked by Maureen. 3. Involving parents and educators in the interview process creates a sense of ownership for all of the stakeholders involved in the selection process. The teachers on the committee would be encouraged to have a candidate that has some of the soft skills that are imperative in fostering positive work relationships. Traits like being trusting, accepting…
What Do I know? 1. How would you explain the difference between internal and external stakeholders? A.- Internal and external stakeholders are two groups of entities that follow a path to achieve their own objective, being that, the main differences between them. However, the responsibility for the achievement and the incentives’ payer are other characteristics they differ. Internal stakeholders are people that work within the company, such as employees, owners, and board of…
(TCO 2) Identify and discuss the social responsibilities of Home Depot to three different stakeholder groups. 3. (TCO 3) Discuss the positive aspects of globalization, and contrast these with the negative aspects of globalization from the perspective of a small business. Be sure to address the pros and cons of outsourcing in your response. 4.…
that promote project failure. There were six participants from two businesses in the study. The data collection was primarily gathered from document evaluations and surveys for this qualitative study. The results indicated that influence from stakeholders, the project manager that is selected, the scope planning, schedule planning, and budget planning are factors critical to promoting…
most, if not all stakeholders. Firstly, they argued that stakeholders will benefit from maximizing the value of shareholders because shareholders have the incentive to take risks and maximise total value of the firm as they are the residual claimants and have diversified risks. As a result, managers are forced put in the extra effort to maximize firm’s value to benefit themselves when shareholder view is employed, assuming that adding value to the firm will benefit the stakeholders and that…
STAKEHOLDER THEORY v/s SHAREHOLDER THEORY Since many years ago, from the age of globalization, the Great Depression, amongst other memorable historical events till today, the purpose and role of business has been subject of debate. (Post et al, 2002). Much of the debate has focused around two hierarchal positions; namely, The Shareholder Theory and The Stakeholder Theory. (Rugimbana et al, 2008). The Shareholder theory is regarded as the classical approach to business, that is, an organization’s…