Question
Good Governance & Social Responsibility Instruction: Evaluate the organization existing practice of governance. Please follow the outline of the content below. Organization: McDonald's Corporation I.
"Good Governance & Social Responsibility"
Instruction: Evaluate the organization existing practice of governance.
Please follow the outline of the content below.
Organization: McDonald's Corporation
I. Company Profile
II. Stakeholder Analysis (refer to the slides provided)
Ill. Existing Governance (choose at least 3). Examples: Customers: How they take care their customers. Employees: What they give benefits to their employees.
A. Employees
B. Customers
E. Government
F. Ecology
C. Stockholders
D. Community/General Public
IV. Conclusion/Generalization
V. Recommendation/s (for improvement)
Notes:
- Make sure to have substance and insights.
- Support your claims
- Please answer it short and concise. Also follow the reference provided. Thank you.
References:
BUILDING COMPETENCE, CHARACTER & FAITH Stakeholder Analysis Example STAKEHOLDER INTEREST POWER (Stakeholder wishes to) (Influences company by) Employees Maintain stable Union bargaining power employment in firm Work actions or strikes Receive fair pay for work Publicity Work in safe, comfortable environment Stockholders . Receive a satisfactory . Exercising voting rights return on investments based on share Realize appreciation in ownership stock value over time Exercising rights to inspect company books and recordsStakeholder Analysis Example STAKEHOLDER INTEREST POWER (Stakeholder wishes to) (Influences company by) Retailers/Wholesalers I Receive quality goods in I Buying from other a timely fashion at suppliers if terms of reasonable cost contract are I Offer reliable products unsatisfactory that consumers trust I Boycotting companies and value whose goods or policies are unsatisfactory Creditors I Receive repayment of I Calling in loans if loans payments are not made I Collect debts and I Utilizing legal authorities interests to repossess or take over property if loan payments are severely delinquent BUILDING COMPETENCE, CHARACTER S. FAITH Stakeholder Analysis Example m Media The General Public Keep the public informed on all issues relevant to their health, well-being, and economic status Monitor company actions Protect social values Minimize risks Achieve prosperity for society Publicizing events that affect the public, especially those that have negative effects Supporting activists Pressing government to act Condemning or praising individual companies BUILDING COMPETENCE, CHARACTER & FA Stakeholder Analysis Four Key Questions: 1. Who are the relevant stakeholders? 2. What are the interests of each stakeholder? 3. What is the power of each stakeholder? 4. How are coalitions likely to form?Market Stakeholders of Business EMPLOYEES DISTRIBUTORS. WHOLESALERS STOCKHOLDERS RETAILERS BUSINESS FIRM CUSTOMERS CREDITORS SUPPLIERSNonmarket Stakeholders of Business General Communities Governments Public Business firm Business Activist Support Groups Groups MediaStep by Step Solution
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