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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Every business has stakeholders involved. A stakeholder is anyone who has a claim in some way to a company’s products‚ operations‚ markets‚ industry‚ and outcomes (Ferrell‚ Fraedrich‚ Ferrell 31). Some stakeholders are more involved than others. Members that are needed for the company to maintain are referred to as primary stakeholders‚ whereas others are called secondary stakeholders. Primary stakeholders can be identified as employees‚ customers‚ investors‚ and shareholders and can also be governments
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Stakeholders A stakeholder is a person‚ group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions‚ objectives and policies. There is two different types of stake holders‚ these are internal and external. Internal stakeholders are people who are on the inside of the business that already serve the organisation‚ these include staff‚ managers‚ board members etc. external stakeholders are from outside of the company but
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Tesco Retail Business Analysis Tesco is one of the largest food retailers in the world‚ operating around 2‚318 stores and employing over 326‚000 people. As well as operating in the UK‚ it has stores in the rest of Europe and Asia. It also provides online services through its subsidiary‚ Tesco.com. The UK is the company ’s largest market operating under four banners: Extra‚ Superstore‚ Metro and Express. Tesco sells approximately 40‚000 food products in its superstores‚ as well as clothing and
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Overview 2 2.1 VMOST 3 3.0 Evaluation of the External Business Environment 5 3.1 PEST Analysis 5 3.2 Porter’s Five (5) Forces 6 3.3 Industry Life Cycle 7 3.4 Key Success Factors 8 3.5 Competitor Analysis 11 3.6 Degree of Turbulence 13 3.7 Opportunities & Threats 14 4.0 Evaluation of the Internal Business Environment 16 4.1 Resource Audit 16 4.2 Value chain Analysis 17 4.3 Mc Kinsey 7-S Model 21 4.4 GE Matrix 23 4.5 VRIO Framework 25 4.6 Core Competencies
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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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Tesco is one of the three major international retail chains in the market. More than 3260 stores in 13 countries ( Great Brittan‚ Ireland‚ Poland‚ Hungary‚ Czech Republic‚ Slovakia‚ Malaysia‚ Thailand‚ South Korea‚ Japan‚ Turkey‚ China and the U.S. (http://www.tesco.pl/o-nas/tesco-na-swiecie.php ) and therefore to remain on top position there is many aspects which Tesco has to face in its daily life. To observe strength‚ weakness‚ opportunities and threats‚ it is important to carry out SWOT analysis
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SWOT Analysis of Tesco in UK: Strengths; Tesco’s reputation for low cost products‚ can gain fair-trade cotton clothing substantial market share in the UK. Tesco’s growth in the insurance sector provides financial strength to Tesco in UK. Another important factor is the increasing growth of online sales and fair-trade cotton clothing could be included in these sales. The Brand recognition of Tesco in UK is an important strength and will help fair-trade cotton clothing. Weaknesses: The weaknesses
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Business and Financial Performance of Tesco Plc over three years THE BUSINESS AND FINANCIAL PERFORMANCE OF TESCO PLC OVER A THREE YEAR PERIOD Oxford Brooks University Submitted by: TAHIR GHAFOOR ACCA Registration # 1969183 Date Submitted: 21 Nov‚ 2011 Word count: 6495 approximately. 1|Page Business and Financial Performance of Tesco Plc over three years Table of Contents Table of Contents .................................................................................................. 2 .
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Strategic Analysis of Tesco plc Outcomes covered in the report are: 1. To demonstrate an understanding of strategic decision making using of knowledge and understanding of business principles to critically reflect on the strategic management of an organization 2. To demonstrate and evaluate the strategy and the process undertaken to implement strategy‚ manage‚ and understand its impact on the organization. 3. To critically reviews emerging markets and analyze the limitations and influence
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