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3. Five ways in which the primary stakeholders can influence the organization financial performance 6
4. One (1) controversial corporate social responsibility concern associated with De Beers Company 8
5. Assuming you are the leader of the most influential stakeholder group, outline a plan to form a stakeholder coalition to force the organization to address your chosen controversial issue. The plan should include the key steps that you would take to identify members for your coalition group, the major reasons why you believe that the particular target group can help you to accomplish your goal, and the method you would utilize to foster collaboration among the various groups you target.... 8
6. Assume the role as the leader of the most influential stakeholder group, and indicate three potential challenges that you may face in encouraging stakeholders to form a coalition to help you achieve your goals. Suggest the significant steps that you would take in order to overcome these challenges that you have identified. Justify the response. ... 9
The Business structure of De Beers Diamond Co., is a consortium of miners that merged in order create a monopoly on the production of all diamonds coming out of South Africa. Image below shows diamonds production in 2003 showing featuring Botswana to be the largest diamond producer in the world. Botswana is the biggest source of diamond supply of De Beers.
Mergers and acquisitions has been the type of its business structure since it was formed. Its products are rough diamonds. In later years, the company ventured into miniature jewelries
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(“Social Performance of Organizations Research Paper”, n.d.)
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(Social Performance of Organizations Research Paper)
“Social Performance of Organizations Research Paper”, n.d. https://studentshare.org/business/1662687-social-performance-of-organizations.
The research is to acquire a better insight of social networks can help companies to predict economic outcomes and take strategic decisions. Social networks allow the companies to interact with the customers and helps in the exchange of information thereby allowing companies to get a valuable feedback regarding its products and merchandise.
The members are paid for the services that they give. The service here is not voluntary as is the case with most normative organizations and neither are the members receiving correctional or medical services as in coercive organization.
In addition, the paper is an attempt to identify challenges that cause confrontations for managers in non-profit organizations. The researcher has put efforts to acquire a global perspective while analyzing the role of non-profit organizations that will be very beneficial for students and professionals in comprehensive understanding of the role of non-profit organizations globally.
It is evident from previous observations, that it is imperative for the successful and effective functioning of an organization that it maintains a strong “code of conduct” that transcends the obligations set by governmental legislations to not only protect the interests of its shareholders but also its employees, consumers and the wider community (Florini 2009).
Public organizations are established to provide an inexpensive medical facility, to provide relief and rescue services and to offer other government based services. On the other hand, the private organizations are only established to earn the profit and amass wealth for owners. They do not have any social agenda or a program.
In fact, the company has been dealing with all areas of the gas industry including exploration, production refinery and marketing of the gas product (Hollensen, 2007, p. 23). It is over one century old dating from 1909 with a turn-over of the company being the
The organization deals with lots of products as well as services. The company is one of the leading providers of products like Ethane, Propane, Isobutene, Normal Butane and natural gasoline. The company gives significant focuses towards the