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.
Nobody downloaded yet

Applying principles of stakeholder management to analyse organisational practice - Essay Example

Comments (0) Cite this document
Application of the Principles of Stakeholder Management in the case of Facebook Student Number and Number Name of Professor Number of Words: 1,249 Introduction Facebook was launched as a social networking site back in February 2004…
Download full paperFile format: .doc, available for editing
Polish This Essay98.3% of users find it useful
Applying principles of stakeholder management to analyse organisational practice
Read TextPreview

Extract of sample
"Applying principles of stakeholder management to analyse organisational practice"

Download file to see previous pages Based on the first principle of Clarkson’s principles of stakeholder management, managers are obliged to acknowledge and monitor the personal concerns of all Facebook’s legitimate stakeholders. Specifically in the case of the general public, it becomes the sole responsibility of the company to protect the privacy and security of its active and inactive users. Upon analyzing the organizational practices of Facebook, this study will not only apply Clarkson’s first principle of stakeholder management to the case of Facebook but also identify and provide concrete evidences on how Facebook continuously violates the main concern of its valuable users. Contextualization of the Issue As a social networking company, Facebook is earning its profit out of its advertising gains. Aside from its advertising business, the company is also earning large sum of revenues out of selling virtual goods like US$1 in exchange for Facebook’s electronic and personalized greeting card, etc. It means that the more active users Facebook could gather each year, the company’s ability to earn more from its investment value increases. Considering the fact that the business model of Facebook is to indirectly earn revenues from its active subscribers, Swartz (2010) revealed that Facebook is not focus on protecting the privacy of its valuable users. ...
Furthermore, the use of koobface, malware, and botnet increases the risk wherein Facebook users are at risk of other forms of computer viruses, adware, worms, spyware, crimeware, Trojan, and scareware among others (Damballa, 2010; Skoudis & Zeltser, 2004, p. 2). Since Facebook encourages its users to share their personal date to the public, its valuable users become at risk of becoming a victim of these computer viruses (Sizemore, 2010; Swartz, 2010). Aside from the risk of computer viruses, it is safe to conclude that the private information gathered by this particular social networking site are most likely being use to assist its advertisers in search for a more accurate target market. Without the knowledge of the active Facebook users, advertisers and sellers of various products and services are able to enjoy the benefit of learning more about another person’s online behaviour and personal preferences (Swartz, 2010). In worst cases, Facebook users can be at risk of becoming a victim of cybercrimes like cyber bullying or cyber terrorism (Donahue, 2010) or even increases the risk for security data breeches (Sizemore, 2010). Since there are a lot of negative consequences associated with the use of Facebook, there is a growing scrutiny about Facebook users’ privacy and security. The issue behind Facebook users’ privacy and security is an on-going concern of many people. In fact, Mui (2011) revealed that Facebook is now being considered as a “worldwide photo identification database”. For these reasons, countries like China, Iran, North Korea, Pakistan, Syria, Vietman, and Uzbekistan has already banned the use of this particular social networking site (Cooper, 2010; ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Applying principles of stakeholder management to analyse Essay”, n.d.)
Retrieved from https://studentshare.org/management/1431134-applying-principles-of-stakeholder-management-to
(Applying Principles of Stakeholder Management to Analyse Essay)
“Applying Principles of Stakeholder Management to Analyse Essay”, n.d. https://studentshare.org/management/1431134-applying-principles-of-stakeholder-management-to.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Events Management: Principles & Practice
The paper is objective to demonstrate various skills and knowledge which are needed to manage the music events. An event proposal will be prepared which will take into consideration the marketing plan, the finance plan including a planned budget for the series of events and the human resource plan.
14 Pages(3500 words)Essay
Applying Theory to Practice
However the real situation is that the recommendations have not yet been applied. This paper deals with the practice problem of pain and how I would go about managing it in my health institution using one of two theories. I have selected a middle range theory for application to management of pain and then applied a known theory.
8 Pages(2000 words)Essay
Analyse how organisational culture creates complexity of management
Demands from stakeholders both internal and external, societal demands for ethical and moral business practices, and elements of human behaviour are critical considerations that will impact the ability of management of an organisation to develop an appropriate and unified organisational culture.
5 Pages(1250 words)Essay
Stakeholder management
Stakeholders interests differ from those of the shareholders thus organisations should balance the two conflicting interests in order to ensure long term growth and survival of the business. This paper will discuss stakeholder management at Unilever and how the stakeholders have responded to the approach.
4 Pages(1000 words)Essay
Principles of practice management
on for General Practice 21 Performance Measurement 22 Financial and Operational Principles in Managing Healthcare 23 Role of Manager in GP Practice 24 Leadership Theories 24 Conclusion 26 References 27 Component-1 Introduction Marketing can be considered as a benevolent set of practices that often adopts as well as executes by an organization in terms of generating greater value to its different customer groups.
16 Pages(4000 words)Essay
Stockholder management versus stakeholder management
Is it the stockholder management, advocated by the former or the stakeholder management of the latter? In The Social Responsibility of Business is to Increase its Profits, Friedman argued that the mission and purpose of a corporate
6 Pages(1500 words)Essay
Stakeholder Management
e orientation of the stakeholders as an approach to operation, which addresses the concerns and issues of participants and other interested parties in the business operation. He defends the concept of distributive justice as a normative ideology to offer values and principles
6 Pages(1500 words)Essay
Independent Study for Accountants: What is the internal audit coverage of the organisation's risk management and governance processes
It is identified promoting the internal audit coverage of these processes is a potential way to achieve greater operational transparency and to gain investor confidence. The major aim of this project is to
16 Pages(4000 words)Essay
Meeting stakeholder and quality needs
In a large hospital, stakeholders can be identified as those who exert influence and if their expectations are not met, it could cause dissent in the organisation. Stakeholders in the organisation include the managers, the staff and other
10 Pages(2500 words)Research Paper
Stakeholder Management
As the report stresses the two approaches mainly provide for objectives to be considered with stakeholder partnership and collaboration. The approach mainly aims at increasing the positivity in the relationship with stakeholders by understanding their needs and expectations, and how they can be provided under existing and agreed objectives.
2 Pages(500 words)Essay
Let us find you another Essay on topic Applying principles of stakeholder management to analyse organisational practice for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us