Preview

Cisco in the Coyote Valley

Good Essays
Open Document
Open Document
585 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Cisco in the Coyote Valley
Cisco in the Coyote Valley.
In the discussion case of “Cisco in the Coyote Valley”, there are different stakeholders, which hold different interests in the company’s expansion. Some of these stakeholders are in favor of the company’s expansion and there are other stakeholders that are not. Different opinions like these will arise when expanding a business and a company needs to take that into factor when planning to expand.

In the discussion case “Cisco in the Coyote Valley” there were relevant and non-market stakeholders. The relevant stakeholders are: the employees, stockholders, customers, suppliers, retailers and wholesalers. All of which may have a different opinion on the expansion of the company. The non-market stakeholders are: the community, activists groups, government, and the general public. Each of these stakeholders has different interests in the company.

Let’s start with the relevant stakeholders, the employees interest in the company is for the company to “Maintain stable employment in firm, receive fair pay for work, and work in a safe and comfortable environment (Lawrence & Weber p. 14)”. The employee is in favor of the Coyote Valley project, because it allows more employment opportunities and most likely more pay. The stockholder’s interest in the company is to receive a satisfactory return on investments in the company. The stockholder is in favor of the Coyote Valley project, because that enables the company to produce more, which causes the stockholder to gain more interest. The customer’s interest in the company is to “receive fair exchange: value and quality for the money that they have spent (Lawrence & Weber p. 14)”. The customer is in favor of the Coyote Valley project, because that enables the customer to get products quicker, and of better quality faster. The supplier’s interest in the company is to receive regular orders for their goods. The supplier is in favor of the Coyote Valley project, because that enables the supplier to

You May Also Find These Documents Helpful

  • Good Essays

    In this case there are a number of stakeholders. The market stakeholders include the investors in the Solidarity Fund, The Solidarity Fund itself as a stockholder in Gildan, and the employees of both the Solidarity Fund and Gildan. The non-market stakeholders include the economies the companies support, Canada and Honduras primarily, and their governments.…

    • 1259 Words
    • 4 Pages
    Good Essays
  • Better Essays

    The stakeholders include any person, group, or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization's actions, objectives, and policies. Key stakeholders in a business organization include creditors, customers, directors, employees, government (and its agencies), owners (shareholders), suppliers, unions, and the community from which the business draws its resources. Riordan’s key stakeholders are listed below:…

    • 1087 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Bus106 Notes

    • 7098 Words
    • 29 Pages

    Stakeholders: All the people that stand to lose or gain from a companies policies or activities…

    • 7098 Words
    • 29 Pages
    Powerful Essays
  • Good Essays

    The stakeholders, either internal or external, of the company are the most important part of an association. They are the people, either individual or group, that show their interest in the association. It is very imperative for a business to involve their stakeholders in the process of decision making in order to attain the aims and objectives of the organization effectively. The strategies are as follows:…

    • 568 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Eth 316 Simulation Week 3

    • 1059 Words
    • 5 Pages

    The primary stakeholders for this issue are the shareholders, the General Counselor, the Director of IT, the VP of HR, Jamal Moore, and Aaron Webb. Some of the…

    • 1059 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Stakeholders are individuals and or groups in and organization “who are depending on the firm in order to achieve their personal goals and on whom the firm is depending for its existence” (Werther & Chandler, 2014). The group that I chose to talk about in this paper is Competitors and this is a large group that includes many businesses. Competitors are an organization or country that is engaged in commercial or economic competition with others. Some real-life companies that are competitors are Coke vs. Pepsi, Comcast vs. Verizon, Red bull vs. Monster, the more famous McDonald’s vs. Burger King, CVS vs. Walgreens, UPS vs. FedEx, Duracell vs. Energizer, Hasbro vs. Mattel, Dunkin’ Donuts vs. Starbucks, Canon vs. Nikon , Netflix vs. Amazon and plenty of others.…

    • 600 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Market And Non Market Stakeholders. Anti Essays. Retrieved November 19, 2012, from the World Wide Web: http://www.antiessays.com/free-essays/155987.html…

    • 501 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    A stakeholder is anyone who is interested in the success of an organisation, and often the stakeholders have a large influence on the business’s aims and objectives. In this assignment I will be explaining why stakeholders would be interested in a company’s aims and objectives and why each stakeholder would be interested in my two chosen organisations joining together.There are many explanations as to why a stakeholder might be interested in a company’s aims and objectives, some for financial reasons in order to make a profit and others for employment reasons. Two different stakeholders may often have contrasting interests when relating to the aims and purposes of an organisation. For example owners generally seek high profits and so may be hesitant to see the business pay high wages to staff. A business decision to move production overseas may reduce staff costs. It will therefore benefit owners however work against the interests of existing staff who will lose their jobs. Customers may also feel negatively towards the aim to move business abroad as they will suffer if they receive a poorer service. Customers want to see good quality products.…

    • 1272 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ethics Case Byp1

    • 296 Words
    • 2 Pages

    A) Who are the stakeholders in this situation? The stakeholders in this situation are everyone that affected by the decision made. This would include Wayne Terrago, the VP of Finance, the President, and the others that argued. This is because each one of these people and groups are affected by the outcome of the decision that is made.…

    • 296 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Alpes Case

    • 815 Words
    • 4 Pages

    Aside from Foster, Dennis Shaughnessy needs to convince the board that a joint venture with ALPES was in CRL’s best interests. The board was primarily concerned with the large number of intercompany transactions between the Romero companies, and the complex organizational structure of Grupo IDISA, which consisted of five legally independent companies that were all owned by the same family. They are concerned with the lack of transparency of a company that only held board meetings once a year and did not appear to have strategic plans, operating budgets, meeting minutes, or other formal corporate documents that are routine for companies in the US. The board knew little about ALPES, and they were especially concerned with media reports that portrayed Mexico as economically corrupt, and economically instable.…

    • 815 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Study Guide

    • 1601 Words
    • 6 Pages

    12. Describe the stakeholder theory of the corporation. Who are the external stakeholders? Who are the internal stakeholders? (Slides #28-29; Text, pp. 18-19)…

    • 1601 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Mkt 220 Test One Review

    • 2104 Words
    • 9 Pages

    Stakeholders – constituents who have a stake or claim in some aspect of a company’s products, operations, markets, industry, and outcomes.…

    • 2104 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Panera Bread

    • 854 Words
    • 4 Pages

    According to Bateman and Snell, stakeholders are anyone involved in the success or failure of a business; such as, customers, suppliers, employees, competitors, owners and shareholders. Collaboration between the company and its stakeholders will allow this company to achieve the highest level of success. Customer input is constantly advised upon so that the company can provide a menu that the consumer will enjoy. Open communication between the company’s suppliers allows Panera Bread to provide the best ingredients. Employees need to feel valued so they can take pride in their company and treat the customers the same. Walk into a Panera Bread store and ask an employee if they feel valued and the answer would most likely be yes, because that value is instilled into the core of every store. How a company handles its competition determines how strong a company really is. When the company first started, it was only one bakery-café, but as it grew, the company decided to buy out a local competitive chain and create a better stable company in the process.…

    • 854 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The stakeholders in this case are Bill, George Mackee, his wife Mary and their two children, Ardnak Plastic Inc. and its several hundred workers, the environment, the people of Hondo, the EPA and the Mexican government. The stakeholders in this case have their each and very own interest dealing with the company.…

    • 682 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Business and Society

    • 1788 Words
    • 8 Pages

    10. The interests of different stakeholders often coincide. True False 11. Stakeholders involved with one part of a company often may have little or no involvement with another part of the company. True False 12. Some scholars have suggested that managers pay the most attention to stakeholders possessing the least salience. True False 13. Urgency refers to the extent to which a stakeholders actions are seen as proper or appropriate by the broader society. True False 14. A stakeholder map is a useful tool, because it enables managers to see quickly how stakeholders feel about an issue and whether salient stakeholder tend to be in favor or opposed. True False 15. The external environment of business is static. True False…

    • 1788 Words
    • 8 Pages
    Satisfactory Essays