New York NY USA McGrill Hill 2016 DB 1 Reply 2 Joseph Miller

New york ny usa mcgrill hill 2016 db 1 reply 2 joseph

  • hotelheat
  • 4
  • 100% (5) 5 out of 5 people found this document helpful

This preview shows page 2 - 4 out of 4 pages.

New York, NY, USA: McGrill-Hill. Retrieved 09 01, 2016
Image of page 2
DB 1: Reply 2 Joseph Miller September 7, 2016 BMAL 560 Lami I enjoyed your post. A stakeholder in business is anyone that is affected by the operations decisions or actions of the firm. Most would assume that an employee is always a stakeholder. Lawrence and Weber consider the this to be the "Stakeholder Concept". In reading your post I came to agree heavily with your statement, “We should not dismiss the idea of managers as stakeholders simply because they might not be prominently involved. Instead, we should recognize the importance their level of involvement plays in the operations going on behind the scenes.” Shareholders come in many forms and different categories. According to the textbook, “Stakeholders can be broken down into two separate categories, market stakeholders, and non- market interested parties and then again into “internal stakeholders” and “external stakeholders” . Managers would be classified as internal. They are the movers and shakers so to say inside the organization. Managers are the ones responsible for the day-to-day operations and in turn they must also answer to other stakeholders. According to the author, “Internal stakeholders are those within an organization who benefit
Image of page 3
Image of page 4

You've reached the end of your free preview.

Want to read all 4 pages?

  • Summer '14
  • Weber, internal Stakeholders, New International Version, Zondervan, Grand Rapids, Michigan

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes