ACC3101 Student Activities Module 5 Solutions SUGGESTED ANSWERS TO DISCUSSION QUESTIONS Discussion Questions P 11.13 Prepare a DFD context, Level 0 [pic] [pic] P 11.10 Prepare a Document flowchart [pic] Ethics Use Stakeholder analysis framework to answer the ethical dilemma below (Horngren et al 5th ed p128) The net profit of Bynum & Hobbs, a department store, decreased sharply during the first part of 2008. Ron Bynum, owner of the store, anticipated the need
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Stakeholder Analysis – Merck Identify Key Stakeholders In the pharmaceutical industry, there is much to consider and constantly change in order to continue profits. In order to continue profits, a main factor, as said by former Merck president George W Merck, is the people. Merck said, “We try to never forget that medicine is for the people”. The first group of stakeholders has to be the people, or the consumer. The consumer is actually using the product from Merck and Co. and ultimately determines
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Matt Hollis and Centerville Supermarket Shan Lu Johnson &Wales University I. The Stakeholder analysis In this case, I have known that Matt Hollis is the owner of the Centerville General Store, which was set up by his great grandparents one hundred years ago. This store had been handed down from generation to generation. Although it was always a good source of income of Matt’s family, there is a slowly decreasing recently. At this point, the Supermarket has called Matt and offered him
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Part one A stakeholder is any individual or group who can affect or is affected by the actions, decisions, policies, practices, or goals of the organisation (Freeman 1984, 25). They have the interests in the activities of an organization and can be divided into internal and external stakeholders. In addition, there are different levels of stakeholders: primary and secondary. The level of stakeholders depends on the political, economic and social environment. Internal stakeholders are those from
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Kapral | Table of content 1. Introduction page 2 2. Findings page 2 3.1. Event concept page 2 3.2. Purpose and aims of the event page 3 3.3. Market research page 3 3.4. Shareholders analysis page 3 3.5. Venue page 4 3.6. Resources page 4 3.7. Costing page 5 3. Conclusion page 6 4. Reference page 7 5. Appendix page 7-8 1. Introduction This report is
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Stakeholder Analysis; CVS Health Inside CVS Health, there are many stakeholders that come into play and are effected by the new change. The employees, customers and clients, suppliers and venders, investors, and local communities, are the stakeholders that are involved with and are close to CVS Health. CVS Health believes that staying close and involving their stakeholders to their CSR strategy, will help them be successful. Having employees that help contribute to the purpose that CVS Health
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Corporation and Its Stakeholders McGraw-Hill/Irwin Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved. Ch. 1: Key Learning Objectives Understanding the relationship between business and society Considering the purpose of the modern corporation Knowing what is a stakeholder and who a corporation’s market and nonmarket and internal and external stakeholders are Conducting a stakeholder analysis, and understanding the basis of stakeholder interests and power
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Correct Answer: | Shareholders. | | | | | * Question 3 0 out of 5 points | | | Which one of the following is considered to be a nonmarket stakeholder of business?Answer | | | | | Selected Answer: | Creditors. | Correct Answer: | Media. | | | | | * Question 4 5 out of 5 points | | | Stakeholders have been able to form international coalitions more successfully through use of:Answer | | | | | Selected Answer: | Communications technology.
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How You Prioritize Among Stakeholder? A stakeholder is a group or individual who is affected by or can affect the success of an organization. This includes internal and external parties of an organization. They have interest on the organization such as employees, shareholders, customers, suppliers, competitors and so on. Stakeholder also can be said as the one who influence the decision making of an organization. Thus, the company should give importance to its stakeholders. This is to ensure a good
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This system makes the project concept and context in which it operates clear and visible and therefore enables better monitoring and evaluation. The stages of the project cycle provide a structure that ensures that: • problem analysis is thorough • stakeholders are clearly identified and monitored • quality assurance is built in • objectives are relevant to problems and clearly stated • outputs and objectives are logical and measurable • beneficiaries' strengths and weaknesses have
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