BUS 101 Study Guide - E2

BUS 101 Study Guide - E2 - BUS 101 Exam 2 - Study Guide...

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BUS 101 Exam 2 - Study Guide Case Analysis 1. Who are the stakeholders? 2. What are their stakes? 3. Who is more important? a. Legitimacy = Seat at the table. Four Levels: i. Ownership ii. Legal Right (there is a law) iii. Moral Right (it is not fair) iv. Interest = No Legitimacy b. Power = Ability to influence the decision (money, public opinion, political power, etc). c. Urgency = Want to influence the decision and take action. d. Stakeholder classifications: i. 3/3 above = Core, 2/3 above = Strategic, 1/3 or 0/3 = Secondary 4. Perspectives of Core Stakeholders a. Economic (is there a financial impact) b. Legal (is a law being broken? What law?) c. Ethical (is there something that is legal, yet unfair? Which one of the Big 12?) 5. Impact on 4 Business Processes (Internal) a. Acquiring Financial Capital i. Debt or Equity Financing, or incorrect financial statements ( NOT trying to increase sales or saving money to increase profits). b. Managing Human Resources i. Hiring/Firing, Compensation, Workplace Issues. c.
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BUS 101 Study Guide - E2 - BUS 101 Exam 2 - Study Guide...

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