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Grey wants to evaluate the outcome for all stakeholders to inform his decision making. Grey first should consider how much the total cost of compliance
Grey wants to evaluate the outcome for all stakeholders to inform his decision making. Grey first should consider
how much the total cost of compliance will be
to determine the legal and ethical issues related to implementing a corporate food safety compliance policy. After the initial step, Grey should list his possible actions related to the new law and evaluate each option for
each community member
Using the information from the first two steps, Grey should work with his staff to come to a consensus and develop a plan of action. Because Grey has used the stakeholder theory to inform his decision making, he has evaluated the protentional outcome for:
shareholders
employees and vendors
customers
as well as
the world.
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