Running head: Social Performance of Organizations Social Performance of Organizations BUS475 Greg Allen Strayer University 11/2/2014 Social Performance of Organizations Specify the nature, structure, types of products or service of your chosen organization, and two (2) key factors in the organization’s external environment that can affect its success. Provide explanation to support the rationale British Petroleum is third largest energy company in the world because
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sales. Q3. The benefit of using a stakeholder approach is able to think of other stakeholders' interest can better inform the moral dimension of your own decisions. The stakeholder approach also provides a means for mapping complicated relationship between the focal and other stakeholders, a means of identifying the strategies of each stakeholder, and a means for assessing the moral responsibility of all the constituencies. As a result, I know the stakeholder approach I can choose more options to
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According to Lawrence and Weber, stakeholder theory “argues that corporations serve a broad public purpose; to create value for society”. It can be assumed Mattel was acting unethically with regards to producing unsafe products for their consumers; as a result, devaluing our society in terms of safety. Within the Mattel case the primary stakeholders, individuals who directly benefit from the corporations activity, are the parents and their children. As primary stakeholders they were affected by Mattel’s
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Question: Taking into account Figure 3.4 on page 45 of your textbook (Stakeholder Typology: One, Two, or Three Attributes Present) discuss the ‘Ethics in Practice case’ on page 46 (Are Plants and Flowers Stakeholders? Do they have rights?) Freeman (1984, P. 46) popularized the definition of a stakeholder as ‘. . . ANY group or individual who can affect or is affected by the achievement of the organization’s objectives’. This is a very broad definition meaning that in today’s global business environment
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Introduction According to the case study, Odwalla Juice Company was founded in 1980 when three musicians in an effort to raise money to fund music school programs, had the idea of selling freshly squeezed juice to small businesses within their immediate community. The trio invested $200 in juicing equipment and started a “fresh juice revolution”, which was intended to meet the growing demand for organic foods & beverages by consumers across the country. The company started relatively small
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In the case of the “College Entrepreneurs do Good and Make Money” there is a true understanding of the global market and what people need to make their business work well. In this paper the team will examine what lessons can be learn, who the stakeholders in small business are, and why these average college students impressed the world with their idea. Individuals starting out in business can learn a valuable lesson from the College Entrepreneurs (Aaron Houghton and Ryan Allis) by looking
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(Malmsten, Portanger and Drazin, 2001). But obviously something went wrong, because nowadays Boo.com is well-known as the largest European dot.com failure. Hence, this assignment will analyze the rise and fall of boo.com in detail, with regard to stakeholder identification and an environmental scanning (internal and external) as well as a recommendation or strategic implementation how their strategy would have been
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Discuss the Vision and Mission of Nestle and the fundamental principles that guide the company's strategy. "At Nestlé, we believe that research can help us make better food so that people live a better life. Good Food is the primary source of Good Health throughout life. We strive to bring consumers foods that are safe, of high quality and provide optimal nutrition to meet physiological needs. In addition to Nutrition, Health and Wellness, Nestlé products bring consumers the vital ingredients of
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STRENGTHENING STAKEHOLDER-COMPANY RELATIONSHIPS THROUGH MUTUALLY BENEFICIAL CORPORATE SOCIAL RESPONSIBILITY INITIATIVES C.B. Bhattacharya Daniel Korschun Sankar Sen Forthcoming: Journal of Business Ethics Abstract Corporate social responsibility (CSR) continues to gain attention atop the corporate agenda and is by now an important component of the dialogue between companies and their stakeholders. Nevertheless, there is still little guidance as to how companies can implement CSR activity
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|Unit Title: |Unit No:1 |Date Issued | |Business Environment | |Week beginning 11/02/13 | |Student Name |Student ID |Due Date – 03/06/13 | |Lecturer Name: Ibrahim kevin, Sujata,& Issac |Internal Verifier Name | |
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