Assume you are the CEO of this entity, rank each of the stakeholders in order of importance to you as CEO. Give a different number to each ordered 1 thru 11 (no ties). Explain your reasoning for your pick for number 1, 2 and 11 (last).

Next let's change the model to assume you are modeling the stakeholders for a local non profit hospital. Drop shareholders and replace customers with patients. Explain your reasoning for your pick for number 1, 2 and your pick for number 10.

In the case of the for-profit entity, how does increased or decreased profit affect the ability to meet the needs/demands of other stakeholders? Do you think that highly profitable companies are more or less likely to consider "social obligations" as very important than companies that are struggling financially?

In the case of a nonprofit hospital, would it even be ethical to consider any stakeholder needs/demands other than those of the patients?

Model:

2: The Management Environment Employees Customers Social and Political Shareholders Competitors Organization Communities / \\ Trade and Industry Associations Suppliers