Ethics I Feel That Issue Thesis

Total Length: 315 words ( 1 double-spaced pages)

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This level is broad, going beyond the choice of business or strategy.

5) for a firm to transition from Level 1 to Level 3 of stakeholder management capability it must engage the stakeholders in a proactive manner. Level 1 is merely understanding who the stakeholders are. Level 3 involves initiating conversation with them to understand their specific needs and attempting to address those needs.

6) Core stakeholders are essential to the survival of the organization.
Strategic stakeholders are vital to the organization's success. All others are considered environmental stakeholders. Stakeholders are classified into these groups based on legitimacy, power, and urgency.

7) Primary social stakeholders have a direct stake in the business, for example shareholders. Secondary social shareholders are affected by the business in an indirect manner, for example competitors. Primary nonsocial stakeholders are non-human entities directly impacted by the business, such as the environment. Secondary nonsocial.....

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