Case Analysis #1: Monsanto In 1901‚ John F. Queeny started the original Monsanto‚ which was named after his wife‚ Olga Monsanto Queeny. It was originally created to make artificial food additives such as sweetener saccharine‚ coca- cola caffeine extract and vanillin. After being renamed a few times‚ it settled with the name “The Monsanto Company” in 1964. During the 1970s‚ the company produced a “major legal snare” p.303 known as Agent Orange. This was used in the Vietnam War to “quickly deforest
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STAKEHOLDER THEORY: A LIBERTARIAN DEFENSE R. Edward Freeman and Robert A. Phillips Abstract: The purpose of this paper is to suggest that at least one strain of what has come to be called "stakeholder theory" has roots that are deeply libertarian We begin by explicating both "stakeholder theory" and "libertarian arguments " We show how there are libertarian arguments for both instrumental and normative stakeholder theory‚ and we construct a version of capitalism‚ called "stakeholder capitalism
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Stakeholder | Points to cover | Owners | This could be a sole trader or a partnership. People think that owners are the most important stakeholders because they might have put a lot of effort into setting up the business. Owners want/like their share of profit increasing and there business progressing well. The owners in Marks and Spencer’s have an interest because they want to see their business rising. Cancer Research owners have an interest in the business because they want the charity to raise
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1. Explain the possible problems in the ethical culture of the Red Cross that created the issues discussed in this case. The American Red Cross is technically a “charter nonprofit organization”‚ which means that they receive most of their funds from the Federal Government to finance their operations‚ but they remain an independent entity. This is an advantage for them in terms of their financial stability‚ but also means that they have the Government as their main stakeholder while they are not officially
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Can Parliament effectively hold Government to account? In the UK‚ holding the government to account is one of Parliament’s main functions. Parliament scrutinises the actions of the government and forces them to justify bills‚ explain their motives and defend their policies. There are many effective ways in which Parliament effectively holds the government to account. Select committees check and report on areas ranging from the work of government departments to economic affairs. There is a commons
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www.ccsenet.org/ass Asian Social Science Vol. 8‚ No. 10: August 2012 Managing Stakeholders: An Integrative Perspective on the Source of Competitive Advantage Minyu Wu’ ’ School of Business‚ Curtin Universify Sarawak‚ Sarawak‚ Malaysia Correspondence: Minyu Wu‚ School of Business‚ Curtin Universify Sarawak‚ CDT 250‚ 98009 Miri‚ Sarawak‚ Malaysia. Tel: 60-8-544-3844. E-mail: minyu.wu@curtin.edu.my Received: March 19‚ 2012 doi:10.5539/ass.v8nl0pl60 Abstract Despite the enormous amount of academic
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Shareholder and Stakeholder Over the last decade‚ with the rapid development of business management‚ the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders
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solve world hunger‚ people in the present is encouraged to do so as well. This is a really great idea; unfortunately‚ the solution for them is no other than GMOs. One of the principal companies involved in genetically modified organisms is Monsanto. Monsanto is one of the largest agricultural companies in the world. At the beginning it was a company focused in chemical and plastics just until 1980 when it started to be involved in the use of biotechnology in agriculture. It is recognized as being
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Steps in Identifying Stakeholders Identifying all of a firm’s stakeholders can be a daunting task. In fact‚ as we will note again shortly‚ a list of stakeholders that is too long actually may reduce the effectiveness of this important tool by overwhelming decision makers with too much information. To simplify the process‚ we suggest that you start by identifying groups that fall into one of four categories: organizational‚ capital market‚ product market‚ and social. Let’s take a closer look at
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Javier Sprella Ethics & Business Professional Professor Kenny 23 July 2010 Ethical Culture Analysis My ethical culture analysis will be on the company Waste Management. While researching companies for this analysis‚ I found that as of 2009‚ Waste Management is in the top 99 most ethical companies in the world (http://www.ethisphere.org). I already have interest in this company because one of my best friend’s father‚ Robert Biggs‚ is the chief financial officer for Waste Management’s Northeast
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