Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The employees emphasize strongly on creating value for the stakeholders. The stakeholders represents the different group of people and includes the employees, shareholders, owners of

image text in transcribed
The employees emphasize strongly on creating value for the stakeholders. The stakeholders represents the different group of people and includes the employees, shareholders, owners of the organization, community, customers, society, and investors (Clark & Babson, n.d.). All the businesses aim in creating the value for its stakeholders in some means or the others. The owners, shareholders and investors are primarily concerned towards the financial aspect of the organization and the return that they get from the organization which they consider to be the value. Customers have a string interest in fulfilling the needs and requirements of their needs and wants. They look for excellent product and service which is the value for them (Bill George: 21st century leadership)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management A Practical Introduction

Authors: Angelo Kinicki, Brian Williams

2nd Edition

1743769849, 978-1743769843

More Books

Students also viewed these General Management questions

Question

1. Write down two or three of your greatest strengths.

Answered: 1 week ago

Question

What roles have these individuals played in your life?

Answered: 1 week ago

Question

2. Write two or three of your greatest weaknesses.

Answered: 1 week ago