www.ccsenet.org/ass Asian Social Science Vol. 8‚ No. 10: August 2012 Managing Stakeholders: An Integrative Perspective on the Source of Competitive Advantage Minyu Wu’ ’ School of Business‚ Curtin Universify Sarawak‚ Sarawak‚ Malaysia Correspondence: Minyu Wu‚ School of Business‚ Curtin Universify Sarawak‚ CDT 250‚ 98009 Miri‚ Sarawak‚ Malaysia. Tel: 60-8-544-3844. E-mail: minyu.wu@curtin.edu.my Received: March 19‚ 2012 doi:10.5539/ass.v8nl0pl60 Abstract Despite the enormous amount of academic
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The Structuring of Organization: a synthesis of Research. Prentice-Hall: Englewood Cliffs. Mische‚ & M.A. (2001). Strategic Renewal: Becoming High Performance Organization. Upper Saddle River : Prentice Hall. Moone J. D.‚ (1947) The Principles of Organisation‚ Harper and Row‚ New York‚ p.17 Moran‚ G Morton‚ L. (2003). Inventing the oganizations of 21st century. Morton‚ L. (2003). Inventing the oganizations of 21st century. Office of the Head Civil Service Annual Performance Report (2011) unpublished
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WHO ARE YOUR STAKEHOLDERS? WHAT ARE YOUR RESPONSIBILITIES TOWARDS EACH OF THE STAKEHOLDERS? Groups / individuals that are affected by and/or have an interest in the operations and objectives of the business Most businesses have a variety of stakeholder groups which can be broadly categorised as follows: Stakeholder groups vary both in terms of their interest in the business activities and also their power to influence business decisions. Here is a useful summary: Stakeholder Main Interests
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Concluding paragraph on how stakeholders influence aims and objectives Kingsfield School In Kingsfield School the stakeholders have a huge influence on the aims and objectives of the school. One of the key stakeholders in Kingsfield are the students and the students are key in influencing Kingsfield’s aims and objectives. The students were rather having the focus on entertainment and fun rather than grades. This influences the school. If the students want more fun things like games and quizzes
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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 within the
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(P2) In a business report: Task 2: Describe the different stakeholders who influence the purpose of two business organisations you have selected. NHS Stakeholder: Stakeholder is a person‚ group or organisation that has interest or concern in an organisation. Stakeholders can affect or be affected by the organisation’s actions‚ objectives and policies. Some examples of key stakeholders are creditors‚ directors‚ employees‚ government‚ owners (shareholders)‚ suppliers‚ unions‚ and the community
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Introduction This assignment is based upon information collected on Republic Bank Limited. This is to illustrate the mission‚ vision and stakeholders and how the stakeholders affect the organisation. The company chosen is Republic Bank Limited. Republic Bank Limited (RBL) is a large organisation. It consists of thirty nine (39) branches within Trinidad and Tobago. They also have subsidiaries such as Barbados National Bank Inc‚ Republic Bank (Guyana) Limited
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2.5 Schools as Organisations Learning outcome 1 1.1 The two main state schools are either LEA (Local Education Authority) funded or Academies. The main independent schools are Private schools and free schools. Faith schools can be either state or independent schools. 1.2 Within state schools‚ pupils get an education free of charge and the National Curriculum must be followed LEA funded schools are controlled by the local council and some of these can be faith schools which will
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Steps in Identifying Stakeholders Identifying all of a firm’s stakeholders can be a daunting task. In fact‚ as we will note again shortly‚ a list of stakeholders that is too long actually may reduce the effectiveness of this important tool by overwhelming decision makers with too much information. To simplify the process‚ we suggest that you start by identifying groups that fall into one of four categories: organizational‚ capital market‚ product market‚ and social. Let’s take a closer look at
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would be proud that they work for a small charity. Also the Eden Project will also take on volunteers into their organisation. The Eden Project will need to make sure that the volunteers are motivated‚ so they can see the value of the work that they do. Furthermore‚ even though they don’t get paid they will be motivated as it is for a good cause. | Coca-Cola is a well know large organisation therefore they do not want any negative publicity about how their employees have been treated. However in the
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