They are part of the team, which makes policies and decisions that are supposed to be followed by other employees at the lower level in the organization structure. As such, stakeholders are the drivers…
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Other stakeholders who worked together with Cicero were the board chairman, chief auditor, general counsel and the top real estate executives.
Another stakeholder at the center of the bribery claims was the company chief executive, Eduardo Castro-Wright. Castro-Wright encouraged payments, whereby he described bribes as payments for some specific purposes, which aimed at enabling the company to build hundreds of new stores. These bribes were being recorded in the accounting records as simple legal fees (Barstow). As a result of the fast growth of the company’s outlets through bribes, Mr. Castro-Wright was promoted to a senior position and even included on the executive committee of the companys inner sanctum.
The company CEO Lee Scott, Jr. is among the company’s stakeholders. He is the person who holds the top most position in Wal-Mart Company. Therefore, he was the one to create awareness the public about the bribery claims against the company. Investors or shareholders are other stakeholders of the company since their finances are for development purposes among other tasks. The government of Mexico and that of the United States are other stakeholders since the company operates in their territories.
The Government of U.S and Mexico could salvage the firm from bribery claims. They should have influenced and dictated how the business of Wal-Mart was being carried out. Unfortunately, government officials accepted bribes so as to pave way for some business malpractices to be operated in their territory at the expense of other stakeholders and the general public at large. Therefore, government officials would have taken urgent steps in order to prevent the growth of business malpractices in the business fraternity of the two countries.
The company CEO, H. Lee Scott Junior is another stakeholder and the company official who was very
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Stakeholder analysis aims to identify all the factors that influence the outcome of a project activity, anticipate both the positive and negative influences, and design effective strategies to overcome any challenges in implementation, in order to attain project objectives.
I am therefore hopeful that the results of the paper will be to your satisfaction as most of the interviewees elicited a positive, sanguine response to the dilemma. I am optimistic that this will inspire you continue with your objectives and push through with all the programs that you have schemed and started to implement.
NEMA, the regulatory body of the country while approving the proposal has outlined a risk management plan for implementation to prevent people and environment getting affected during usage and disposal of this chemical. How effective this will be and the impact the plan will have on the stakeholders needs to be evaluated by doing a stakeholder analysis.
While serving the interests of a number of stakeholders, the decisions are influenced from a number of interest groups, depending upon the criticality of the policy or decision. While identifying the stakeholders, a
The analysis identifies the main stakeholders that will attend at the National Convention event while defining the concerns and interest they have. It will go further to evaluate the organization through a SWOT analysis so that the
The stakeholders who are mostly associated with health care include providers, patients, insurers, product developers, and NGOs to mention but a few. Collectively, they either assist in making sound decisions meant to better health care
They are accountable for the decisions that the group makes. 3. Other stakeholders include the people the organization does business with, these include the kinds of business they reach out to in case they are running a project that
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