As for the media reports on possible child labor and substandard wages, let’s recall an old newspaper saying: “Never pick fights with anyone who buys ink by the barrel. ” That is, as a CEO, I would not pick fights with the media, but to act promptly, discuss the issue with the CEO of Mitsamatsu, and correct the inaccurate news without casting blame. There is […]

Make a wish get a lot of supports from companies each year to help make wishes come true some of the companies are: Flight centre limited raise enough money to grant 25 magical wishes to come true. Some of the wishes cost thousands of pounds to make come true especially if they want to go aboard. For example if each flight coast £2,000and you times […]

For this task I have been asked to write the implications for a certain business and the stake holders of a business which is operating ethically. The business I have chosen to relate to is H&M. Understand the implications of businesses operating ethically Every business has a variety of stakeholders for instance H&M will have a number of stakeholders such as store managers, staff, customers […]

The entrepreneurs have a huge impact on this aim. To finish Tesco’s aim the Entrepreneurs must employ different individuals into different areas of the company so they can run properly. Shareholders Their impact is not a lot on this aim. The investors must invest cash into the company so they can eventually earn profits back, because If the company has no cash, they cannot earn […]

Student to be able to define and discuss the role and importance of stakeholders in an organization and their ability to influence the performance of the organization. Answer In general, a stakeholder can be one of two types: internal (within an organization) or external (outside of an organization). They can affect the firm’s vision and mission, are affected by the strategic outcomes achieved, and have […]

The primary stakeholders for this case are the investors, stock holders and other clients that are directly doing business with the company. Furthermore, secondary stakeholders can be the company’s employees and board members. Whatever decision the company’s controller takes, it will have a direct effect on these stakeholders. b. The president’s request regarding increasing the allowance for doubtful accounts from 2% to 4% poses some […]

I am going to evaluate the influence that stakeholders exert on Zotefoams PLC. I will be evaluating the following stakeholders: customers, employees, shareholders, suppliers, the government and owners. Customers Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons; customers do not want to have to spend an excessive amount of money to purchase […]

For managers, a scholarly theory that other stakeholders should have some duties— towards the firm, in particular—should be a pleasant relief. However, key lessons for managers are that responsibilities towards the firm require that managers first conduct themselves morally; and that other stakeholder responsibilities often involve moral and citizenship duties requiring collective action, for which business leadership may be crucial. Mutual and joint responsibilities of […]

Responding to ethical pressures The CSR of firms is a response to the increasing burdens given to managements to take account of ethical issues. Thus H&M managers have the pressure of ethical pressure as they have to make sure they are doing their trading ethically. The advantages for H&M when responding ethically is that they are trading in the right way and are abiding by […]