Question description
I need a response to this discussion post:As we’ve
already learned, stakeholders make a business successful. Rarely in any
business are the stakeholders on the exact same page. All of them will
look at what is in the best interest of themselves. It is the CEO’s
job to rank the importance of the stakeholders. Typically, in a
customer based business, the stakeholder priority would rank in the
following order: Customer, employees, shareholders, suppliers, local
community and government (Drucker, n/d). So if you break it down the
top three, the customer wants the most cost effective, best product,
employees want a fare wage and shareholders want profit. In my opinion,
changes to any of these three would create conflict. For example, if
Apple were to raise the wages for all of their employees, this could
effect the profit of shareholders. Not to mention, drive the cost of
their products up that customers are required to pay. On the other
side, if they made cuts to their staff it would have a negative impact
on customer service, in-turn hurting the profit line.
https://www.essaybishop.com/write-my-essay/destination-innovation.com/articles/who-are-a-companys-most-important-stakeholders/DISCUSSION CRITERIA”The material in this module tells us that many companies place
disproportionate emphasis on the financial perspective at the expense of
the other three perspectives. Give an example of an organization which
you are familiar from either previous coursework, the news, or personal
experience where this has been the case. What were the results of this
focus on the financial perspective on customers and other stakeholders?
Be as specific as you can and give concrete examples. [This TD is
designed for you to respond to the above question/topic during the first
week of the module. During the second week of the module please read
through responses by peers and post a second response addressing one or
more of the shared ideas. Please bring in new ideas/comments and
research that haven’t been mentioned yet. An “A” grade needs at least
two strong entries with at least one of them supported by research, with
the source cited.”
~~~For this or similar assignment papers~~~
Solution:
Solution:
We have the solution to this question. However, to avoid posible plagiarism, let us provide a fully custom and original solution. Please talk to any of our homework helpers via the chat icons at the bottom of your screen.
Messenger
WhatsApp
Gmail
