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by: Admin
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Word Count: 356
Date: Sun, 3 Sep 2006 Time: 12:00 AM
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Objectives and conflicts between stakeholders
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- Shareholder want good and regular returns, as well as a say.
- Managers want responsibility, rewards, lack of interference
- Employees want secure and well paying jobs, interesting jobs
- Customers want service, price and quality
- Suppliers want secure, regular and profitable orders
- Governments want growth of economy and reduced inflation
- The community wants a thriving business, causing no problems
Conflict
Employees and Owners
- Employees want higher wagers, owners aren?t prepared to pay
- Working conditions
- Working practice changes, employees adverse to change
- Redundancy ? machines
Owners and Managers
- Managers may pursue their own goals, only satisfactory profit
- Divorce of ownership and control
- Owners want more profit
Customers and Business
- Price increase by business
- Quality
- Delivery time
- After sales service
Suppliers and Managers
- Late payments
Owners and the Community
- Quality of life threatened by the business
About the Author
by: Admin
Total views: 1967
Word Count: 356
Date: Sun, 3 Sep 2006 Time: 12:00 AM
2 comments
Rating: Not yet rated
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