A business stakeholder is a person or entity with an interest in the economic performance and well-being of a company. For example, owners, suppliers, customers, and employees are all stakeholders in a company.
Name a business in which you are a stakeholder and describe what type of stakeholder you are.
Answer:
Business stakeholders can be fundamentally described into ' Internal stakeholder ' and 'External stakeholder'.
Internal stakeholders:
Internal stakeholders, essentially workers, proprietors and supervisors, are legitimately associated with the tasks or operations and strategy of the association.
External stakeholders:
External stakeholders, are groups outside a business or individuals who don't work inside the business however are influenced here and there by the decisions and activities of the business.
A business stakeholder is a person or entity with an interest in the economic performance and...
A business stakeholder is a person or entity with an interest in the economic performance and well-being of a company. For example, owners, suppliers, customers and employees are all stakeholders in a company. Name a business in which you are a stakeholder and describe what type of stakeholder you are. For instance, I am a stakeholder in MCCC. I am an internal stakeholder because I am an employee of the college. I have a stake in the financial health of...
According to stakeholder theory, social responsibility refers to paying attention to the interest of all the stakeholders such as management, suppliers, customers, and local community. True False cause of the impact of Internet and social media, consumers are now able to become senders as opposed to only brands being senders. True False Owned media is also called content marketing. True False
13.02 - 2 Incorporating Stakeholder Impacts into Business Sustainability Analyses and Decisions Stylz Company, a recent start-up fashion retailer based in the United States, is deciding between opening its first sales presence in either Italy’s Tuscany Region or Spain’s Matarrana Region. Stylz’s financial group surveyed potential customers in both markets and has compiled a business plan that estimates the financial impact for the first 5 years. This 5-year financial plan estimates that entering Tuscany would generate $9,000,000 of operating income...
8. Who defines a company's approach to Corporate Social Responsibility? a. internal stakeholders b. Board of Directors/senior management/owners c. customers/politicians d. external stakeholders e. all of the above 9. Which of the following is not a conflict of interest? a. awarding contracts to your friends without transparency b. accepting gifts from customers or suppliers c. giving advance information to certain customers or suppliers but not others d. running or serving as a Director of a competing business or organization e....
13.02 - 3 Incorporating Stakeholder Impacts into Business Sustainability Analyses and Decisions Stylz Company, a recent start-up fashion retailer based in the United States, is deciding between opening its first sales presence in either Italy’s Tuscany Region or Spain’s Matarrana Region. Stylz’s financial group surveyed potential customers in both markets and has compiled a business plan that estimates the financial impact for the first 5 years. This 5-year financial plan estimates that entering Tuscany would generate $9,000,000 of operating income...
W2/2 The second tenet in Conscious Capitalism is stakeholder integration. Contrary to traditional approaches to business, which privilege investors' interests over all other stakeholders, Mackey and Sisodia argue all stakeholders are equally important. They assert successful and conscious businesses must balance the needs of all stakeholders. After you review the Key Partners block and related information on your Business Model Canvas and consider the stakeholders necessary for the success of your business model. What are the primary needs of your...
W2/2 The second tenet in Conscious Capitalism is stakeholder integration. Contrary to traditional approaches to business, which privilege investors' interests over all other stakeholders, Mackey and Sisodia argue all stakeholders are equally important. They assert successful and conscious businesses must balance the needs of all stakeholders. After you review the Key Partners block and related information on your Business Model Canvas and consider the stakeholders necessary for the success of your business model. What are the primary needs of your...
13.02 - 1 Incorporating Stakeholder Impacts into Business Sustainability Analyses and Decisions Stylz Company, a recent start-up fashion retailer based in the United States, is deciding between opening its first sales presence in either Italy’s Tuscany Region or Spain’s Matarrana Region. Stylz’s financial group surveyed potential customers in both markets and has compiled a business plan that estimates the financial impact for the first 5 years. This 5-year financial plan estimates that entering Tuscany would generate $9,000,000 of operating income...
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Rondo and his business associate, Larry, are considering forming a business entity called R&L but they are unsure about whether to form it as a C corporation, an S corporation, or an LLC taxed as a partnership. Rondo and Larry would each invest $200,000 in the business. Thus, each owner would take an initial basis in his ownership interest of $200,000 no matter which entity type is formed. Shortly after the formation of the entity, the business borrowed $60,000 from...