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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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