jagomart
digital resources
picture1_Stakeholders Ppt 78183 | Chapt2


 128x       Filetype PPTX       File size 0.62 MB       Source: www.lawrencemcneil.com


File: Stakeholders Ppt 78183 | Chapt2
relationships and business building effective relationships is one of the most important areas of business today business ethics is a team sport and few decisions are made by only one ...

icon picture PPTX Filetype Power Point PPTX | Posted on 04 Sep 2022 | 3 years ago
Partial capture of text on file.
                                                                                           Relationships 
                                                                                                 and Business
                          Building effective relationships is one of the 
                          most important areas  of business today
                                   Business ethics is a team sport and few 
                                        decisions are made by only one individual
                          Stakeholder framework
                                   Helps identify internal and external 
                                          stakeholders
                                   Helps monitor and respond to needs, values, 
                                          and expectations of stakeholder groups
                          Corporate governance 
                                   The formal system of accountability and 
                                          control of ethical and socially responsible 
                                          behavior
                                 © 2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part, 
              except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.            2
                                                       Stakeholders Define 
                          Ethical Issues in Business
                          Stakeholders: Those who have a stake 
                          or claim in some aspect of a company’s 
                          products, operations, markets, industry, 
                          and outcomes
                                  Customers                                             Investors
                                  Employees                                             Suppliers
                                  Government agencies Communities
                                             The relationship between 
                           companies and their stakeholders 
                                                           is a two-way street
                                 © 2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part, 
              except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.            3
                                                                                                    Stakeholder 
                                                                                                                                Theory 
                          Three approaches to stakeholder theory
                          Normative
                                   Principles and values help identify ethical 
                                          guidelines that dictate how to treat 
                                          stakeholders
                          Descriptive
                                   Focuses on actual behavior, addressing 
                                          decisions and strategies in stakeholder 
                                          relationships
                          Instrumental
                                   Examines stakeholder relationships and 
                                          describes outcomes for particular behaviors
                                 © 2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part, 
              except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.            4
                                                                                                          Identifying 
                                                                                                 Stakeholders
                          Primary stakeholders: those whose 
                          continued association is absolutely 
                          necessary for a firm’s survival
                                   Employees, customers, investors, 
                                         governments, and communities
                          Secondary stakeholders: do not 
                          typically engage in transactions with the 
                          firm and are not essential to a firm’s 
                          survival
                                   Media, trade associations, and special 
                                           interest groups
                                 © 2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part, 
              except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.            5
                                                                           The Stakeholder 
                                                                      Interaction Model
                             Source: Adapted from Isabelle Maignan, O. C. Ferrell, and Linda Ferrell, “A Stakeholder Model for 
                             Implementing Social Responsibility in Marketing.” European Journal of Marketing 39 (2005): 956–977. 
                             Used with permission.
                                 © 2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part, 
              except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.            6
The words contained in this file might help you see if this file matches what you are looking for:

...Relationships and business building effective is one of the most important areas today ethics a team sport few decisions are made by only individual stakeholder framework helps identify internal external stakeholders monitor respond to needs values expectations groups corporate governance formal system accountability control ethical socially responsible behavior cengage learning all rights reserved may not be copied scanned or duplicated in whole part except for use as permitted license distributed with certain product service otherwise on password protected website classroom define issues those who have stake claim some aspect company s products operations markets industry outcomes customers investors employees suppliers government agencies communities relationship between companies their two way street theory three approaches normative principles help guidelines that dictate how treat descriptive focuses actual addressing strategies instrumental examines describes particular behavior...

no reviews yet
Please Login to review.