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Stakeholders are customers, competitors, society, government, managers, workers, shareholders...
These stakeholders have different objectives:
Shareholders want more profits but managers want the business to expand so as to receive more salary and increase their status. In this case, if managers decide to expand the business, the shareholders will receive less dividend since the money is used for the expansion, thus there is a conflict..
Customers want a better quality of products and a cheaper price.
Society wants businesses to use environmentally friendly materials.
Workers want a secure job and maybe a high pay...
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∙ 13y ago
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Dilemma Between the stakeholder and the manager?
First the relationship is reciprocal, a manager can be a stakeholder and a stakeholder can be a manager.A stakeholder is any person with a interest in the project. It might be the CEO of the company, a manager, a client, etc... Sometimes, there are conflicting motivations between the stakeholder that wants profit and manager that wants leisure and security, these motivations are called agency problem. Solutions to Agency Problems: · Compensation as incentive. · Extending to all workers stock ,bonuses and grants of stock. · Making workers act more like owners of the firm
Who is a key project stakeholder?
A Key Stakeholder is someone who has a very significant bearing/impact in the success or failure of a project. For ex: If your company is creating a website for me, I am a key stakeholder. Because, if you guys fail, I am the one who is going to be most affected.
Why do conflicts occur in various projects?
There are several reasons for conflicts:- Team conflicts (conflicts between team members)- Schedule conflicts- Stakeholder conflicts
What is a primary stakeholder?
The Project Manager is usually the primary stakeholder in a project. Other important stakeholders are the customer (for whom the project is being executed) and the project sponsor
What do you call a person who has a vested interest in a project or venture?
stakeholder
Is there a Conflict between a company's responsibility to its shareholders and its responsibility to society as a whole?
yes ofcourse take a look at the stewardship theory and the stakeholder theory..there is conflict between having an obligation to society/stakeholders or shareholders.
Difference between customer and stakeholder?
stakeholder customer
Is there is a conflict between state and Rhode Island and federal law what would happen?
If there is a conflict between state law in road island and federal law what would happen
What is a stakeholder conflict?
Stakeholder conflict occurs when individuals or groups with differing interests or objectives within an organization or project clash over decisions, resources, or outcomes. This conflict may arise due to differences in priorities, values, or interpretations of information, and can negatively impact the success or effectiveness of a project or organization. Resolving stakeholder conflicts often involves communication, negotiation, and finding mutually acceptable solutions.
Stockholder in financing?
what is the differentation between stockholder,stakeholder and shareholder?
Write down in brief the dilemma that might exist between the stakeholder and the manager?
Write down in brief the dilemma that might exist between the stakeholder and the manager?Read more: Write_down_in_brief_the_dilemma_that_might_exist_between_the_stakeholder_and_the_manager
What is the definition of corporate relations?
A relationship between a corporate body and a stakeholder
What is a connected stakeholder?
A connected stakeholder is party to a connection between stakeholders. For example, a bank and a VC may be mutually funding your project, so they're connected stakeholders.
Dilemma Between the stakeholder and the manager?
First the relationship is reciprocal, a manager can be a stakeholder and a stakeholder can be a manager.A stakeholder is any person with a interest in the project. It might be the CEO of the company, a manager, a client, etc... Sometimes, there are conflicting motivations between the stakeholder that wants profit and manager that wants leisure and security, these motivations are called agency problem. Solutions to Agency Problems: · Compensation as incentive. · Extending to all workers stock ,bonuses and grants of stock. · Making workers act more like owners of the firm
What is the difference between shareholder wealth maximisation and stakeholder wealth maximisation?
Shareholder and stakeholder in a company are the investors and company assets holder respectively. So the wealth maximization in both cases is nothing but increase in the share value for shareholder and company profitability for stakeholder.
When did Conflict Zone happen?
Conflict Zone happened in 2001.
When did Bicholim conflict happen?
Bicholim conflict happened in 1640.
