Nobody downloaded yet

The Role of Stakeholders in the International Business - Term Paper Example

Comments (0) Cite this document
This paper comprises the discussion on the stakeholders of international business and their role in it. This paper investigates their main contribution and effect on international business. The aim of this research is to discover how does stakeholder theory help in managing such a business. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94% of users find it useful
The Role of Stakeholders in the International Business
Read TextPreview

Extract of sample "The Role of Stakeholders in the International Business"

Download file to see previous pages This paper will present a detailed and comprehensive overview of the overall topic. This research presents a detailed overview of the International Business stakeholders and the stakeholder theory that helps to manage such a business. In this paper, I will conduct an investigation of the concerned parties and holdings in any other nation, in relation to neighboring situation and strategies. It offers imminent interest in together the risks and achievement issues concerned in working with overseas partners, and guides to suggestions for action. I will carry out the exploration of the major stakeholders and their precise concerns with regard to the foundation phase that leads the deal or the movements. In the stakeholder review, I will carry out a more detailed investigation of the concerns, the situation and the society scope per stakeholder grouping, through relation to the purpose of the movement with consideration to the conclusion of business.
A stakeholder is described as "any person or group who is able to pressure and is affected by the dealings, choices, strategies, performance, or aims of the organization"(Alkhafaji, 1989). An organization with a stakeholder focuses intentionally stay away from actions that would prove disadvantageous to stakeholders. The objective is not to take full advantage of stakeholder well-being but to defend it. The stakeholder outlook does not modify the goal of maximizing shareholder wealth. Such a vision is often a well-thought-out division of the firm’s “social responsibility.” It is anticipated to make available long-run benefit to shareholders by maintaining positive stakeholder relationships. Such relationships should minimize stakeholder turnover, conflicts, and litigation.    ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(The Role of Stakeholders in the International Business Term Paper, n.d.)
The Role of Stakeholders in the International Business Term Paper. Retrieved from
(The Role of Stakeholders in the International Business Term Paper)
The Role of Stakeholders in the International Business Term Paper.
“The Role of Stakeholders in the International Business Term Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Role of Stakeholders in the International Business

How stakeholders influence business activities

...the organizations tend to adopt strategies of cost reduction along with placing more emphasis on the customer value and protection and preservation of the environment. Business partners finance a business. It is extremely important for the business partners to work in mutual harmony and collaboration with one another so that the business can be run smoothly. Conclusion In any kind of business, the importance of stakeholders cannot be overemphasized. Stakeholders play a key role in all stages of businesses that include but are not limited to the establishment of business,...
5 Pages(1250 words)Essay

Stakeholders the business. The business is therefore endowed with the responsibility of serving the interest of the so called, “stakeholders” in equal measure. This will ensure that they are all satisfied to enable the business operate profitably (Savage 1991). In dealing with the stakeholders strategic management skills come in handy to ensure the corporate objectives are also met. This report has the obligation of finding the appropriate stakeholder approach and the decisions to be made with regards to the stakeholders for the realization of the organization’s goals. Contents Executive summary I. Introduction II. Preble six step...
6 Pages(1500 words)Essay


..., Volume 43,Number 5, pp. 649-660(12) Brnn P.S.;Brnn C. (2003) A reflective stakeholder approach: Co-orientation as a basis for communication and learning Journal of Communication Management, Volume 7,Number 4, pp. 291-303(13) Dawkins Jenny (2004) Corporate responsibility: The communication challenge Journal of Communication Management, Volume 9,Number 2, , pp. 108-119(12) Foster D.;Jonker J. (2003) Third generation quality management: the role of stakeholders in integrating business into society Managerial Auditing Journal, Volume 18,Number 4, pp. 323-328(6) Gonzlez-Benito, Javier;Gonzlez-Benito, scar (2006) The role of stakeholder...
10 Pages(2500 words)Essay

Business, its's context and stakeholders continue attracting visitors from around the world. Careful management can limit the environmental impact of welcome visitors that help to boost economic growth on the continent. It is of immense significance for stakeholders to ensure that this boom leads to a higher standard of living for all Africans rather than being of advantage to only a few. References 1. Ackbarally, Nasseem, and Ford, Neil. March 2006. “Boom Time for African Tourism.” African Business, Issue 318. Boom Time for African Tourism. by Neil Ford, Nasseem Ackbarally Despite the threat of international terrorism and high aviation fuel costs, recent figures from the UNs World Tourism Organisation (UNWTO)...
3 Pages(750 words)Essay


...of reference; some presentations may give a sum­ any recommendations at the beginning; the body of the presentation should be set out in clear statements and side headings may be shown. The rationale means that stakeholders are motivated and persuaded to accept and approve the project. Obviously, this approach does not take cultural or political considerations into account. The appeal is the communications approach that relates to the motives of the target audience (internal and external stakeholders). A part of presentation, based on a rational approach, will depend on logic and speak to the stakeholders’ intellect. Another part, based on emotional approach, will appeal...
2 Pages(500 words)Essay

The Role Of International Business Practice

...The Role Of International Business Practice Introduction Anheuser-Busch International started as a small brewery in 1860 in St Loius by Eberhard Anheuser. The company was a pioneer in introducing pasteurization to keep the beer fresh and also was the first to use refrigerated cars for transport of beer. The company's early innovations also included a network of railside ice houses to preserve the beer. It was in 1981, that this small firm became Anheuser-Busch International and currently owns 12 breweries in the US and 20 breweries outside the US. The flagship brand of the company is Budweiser which is brewed in 10 countries and has a global...
9 Pages(2500 words)Essay


...their stakeholders. Recently however, the company has been having ethical issues with their clients, the latest being that their iPhones’ iOS is pulling out addresses from the owner’s address book without their permission. This is a breach of privacy and security that are supposed to be enjoyed by the owner of the iPhone. A breach of privacy is one of the worse ethical codes to happen. The company has also been receiving criticisms due to their labor contracts where they even have child labor in their numerous company factories. It also has environmental malpractices as well as business ones. These are not only ethical but also legal issues that can bring the company down if nothing is done to combat...
2 Pages(500 words)Assignment

Role of Stakeholders in Strategic Planning Process

...ID Lecturer Role of Stakeholders in Strategic Planning Process A non-profit organization chosen for this paper is the environmental agency by the name of International Union for Conservation of Nature (IUCN). For a strategic planning process to come about for IUCN, it is fundamental to understand what the long term objectives of this non-profit organization are and how it wishes to achieve strategic success. The explanation that can be provided to the stakeholders in the wake of initiating and agreeing on this strategic planning process comprise of the measures which shall enact ways and means through which community building and participative domains would be...
2 Pages(500 words)Essay

The Role Of Culture In International Business

...The Role Of Culture In International Business Introduction The role of culture is pivotal for successful international business. In global business, the impact of the diverse cultures is vital for constructing fruitful and effective International Relationships. In recent years, the upsurge of internationalization and globalization has become imperative. According to Franklin Root, a business environment is formed by the global economy that require corporations to start instead of viewing from an universal global perception and need firms to look past the customary mode of thinking. The...
9 Pages(2250 words)Essay


...the active participation of the stakeholders. The academic paper analyzes ten significant stakeholders of the company. The significance of the stakeholders is as explained below. 1. The employees are important stakeholders. The company has highly trained staffs in the areas of spa, hotel, casino and restaurant. The staffs are training on superior customer service. 2. The guests are the main business stakeholders. The company invests a lot of resources for product marketing, so as to attract the attention of the global customer base. High customer numbers translates to high sales revenue. 3. The owner is another significant...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic The Role of Stakeholders in the International Business for FREE!

Contact Us