P2 – Explain the implications for the business and stakeholders of a business operating ethically. A stakeholder is a person‚ group‚ or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization’s actions‚ objectives‚ and policies. Key stakeholders in a business organization include creditors‚ customers‚ employees‚ government‚ owners‚ suppliers‚ unions and the community from which the business draws its resources. Tesco is committed
Premium Management Stakeholder Strategic management
The Relationship between Customer Loyalty and Satisfaction Introduction In the past decades‚ there was a controversial issue about the relationship between customer loyalty and satisfaction. Actually‚ it is still a heated debate nowadays. Some people said that customer satisfaction bring customer loyalty‚ while some people believed that customer loyalty affect customer satisfaction. Interestingly‚ very few executives and managers understand the critical difference. The purpose of this paper is
Premium Customer service Customer relationship management Marketing
My organization (Encana) has many internal and external key stakeholders that include the following: Customers JV Partners Landowners Environmental groups Shareholders Government Regulatory Bodies Industry associations Suppliers Contractors Employees Internal Business Unit Leaders Internal service group providers to Business Units Based on my position within the company I’ll talk to two of the above stakeholders and relationships I’m more familiar - Government Regulatory Bodies and Contractors‚
Premium Management Marketing Strategic management
capital (WACC) in relation with the firm value. Also‚ there are some aspects discussed in the paper regarding when a firm should accept a project and when to reject. Systematic risk will be also discussed in the paper concerning their target market and how risky is that. Finally‚ the approach that BlackBerry took into consideration to overcome their risk. Discussion: All companies’ assets are financed by either equity or debt. The equity is the amount of fund that contributed by the shareholders. The
Premium Net present value Investment Cash flow
and shareholders to improve performance‚ and where the growth strategy is aimed at exports‚ logistics outsourcing can have an important impact. The main purpose of this assignment has therefore been to investigate the advantages that accrue to stakeholders when outsourcing logistics practices to third party logistics providers (3PL) and a discussion follows as to other value adding services that 3PL organisations can provide. Table of Contents: Introduction: According
Premium Supply chain management Logistics
5. When Oedipus and Jocasta find out that Oedipus is her son and that he killed her husband they all go into panic. Jocasta realizes that she has been sleeping with her son this whole time. She flees the scene while Oedipus is freaking out on stage. A messenger arrives and tell Oedipus that Jocasta has hung herself in disgust. He is heart broken and runs to find her. He walks in on her corpse strung up by bed sheets and he loses it. Oedipus runs over and starts sobbing uncontrollably‚ because he
Premium
The Public Relationships between McDonald and Society McDonald’s is a gigantic fast-food multinational group‚ with approximately 30‚000 branches among 100 countries in six continents around the world. And its fame‚ as we all know‚ is not come from nothing. Since 1948‚ McDonald has been well renowned for its hamburgers‚ French fries‚ fried chicken‚ soft drinks‚ salad‚ etc (Ray‚ A‚ K‚ 1977). By the year 1972‚ when McDonald’s asset reached 1 billion dollars‚ the company began its first step in allocating
Premium Nutrition Fast food
Investigating the relationship between the financial and real economy Konstantinos Tsatsaronis Central banks have always recognised the importance of financial stability for overall macroeconomic performance‚ but questions related to the health of the financial system have traditionally taken a back seat to those more directly linked to the process of inflation and growth. In recent years‚ however‚ financial stability has gained greater prominence on central bankers’ agenda. Monitoring the performance
Premium Risk Economics Macroeconomics
First Element: Stakeholder Categories Identifying all stakeholders is the midlevel leader’s first mission. Stakeholders include everyone who will need to contribute to the project or who could be affected by the project. This requires looking across all directions of the internal organization‚ as well as outside (customers‚ clients‚ vendors‚ contractors‚ media‚ etc.) Those stakeholders are then categorized into four distinct groups: Superordinate‚ Subordinate‚ Customers‚ and Complementors/Blockers
Premium Management Project management Leadership
4. The merger between British Airways and Iberia. This is a new lesson for British Airlines‚ the company must learn for. Because of the economic crisis‚ it serious loss‚ rather than the change of the system‚ it uses a serious cuts.This leads to chaos and instability corporation
Premium Airline British Airways Southwest Airlines