0
Conflict between objectives and stakeholders often arises when the goals of an organization clash with the interests or values of its stakeholders. For instance, a company aiming to maximize profits may prioritize cost-cutting measures that negatively impact employee welfare or environmental sustainability, leading to discontent among workers and local communities. Additionally, differing priorities, such as immediate financial returns versus long-term social responsibility, can create tension and hinder collaboration. Effective communication and stakeholder engagement are crucial to mitigating such conflicts.
What else can I help you with?
What is the difference between internal and external stakeholders?
Internal Stakeholders include owners of the business, customers, suppliers, employees, and so forth. External stakeholders do not own or work with the business, but still have an interest in the business. They include: Interest group that might want to kick against the new developments, Associations and organisation inclusive; the press/media, local governments, local communities, and public authorities.External stakeholders might also be debtholders/creditors (i.e. a bank, if the business has a loan taken out)IMPROVEMENT OF THE ABOVESome of the above is actually misleading.First of all, stakeholders is the community of people affected by the decisions and actions of a business. They don't have a direct share in the ownership of the business.Internal stakeholders are people who work directly within the business.These includes:- employees- managementExternal stakeholders are people who are not directly working within the business but are affected in some way from the decisions of the business.These includes:- customers- suppliers- local communities- future generations
What is the basic purpose of a business organization?
Organizations are formed by group of persons having common destiny. Destiny means objectives that organization focus to achieve. objectives might be oriented with profit,non-profit and others but achieving it for the welbeing of stakeholders is undoubtedly the basic purpose of a business organization.
Why do business objectives change over time?
A small business might aim to survive but when it is successful it might change its aims to increasing profits.
Why the aims of government policy might conflict with each other?
there may be change in planning commission
When writing a business plan what is the difference between goals and objectives?
People often use the words goals and objectives interchangeably. When it comes to drafting a business plan, it is important to understand that the two have very different meanings. Goals are what you would like to happen - they are general intentions with broad outcomes. Objectives on the other hand are precise statements relating to specific outcomes. Objectives can be validated - most of the time goals cannot. For instance, you might set the goal of becoming the leading retailer of green widgets in the United States. This is a broad statement, which you may or may not be able to corroborate. An example of an objective would be: to sell 10,000 green widgets Year One, 25,000 Year Two and 40,000 Year Three. This is a narrow statement that can be substantiated by reviewing your company's sales reports. In business planning, larger goals often help to define specific objectives, so make sure you set these first.
Who are the key stakeholder?
Key stakeholders are a subset of stakeholders who have power to prevent the project from achieving its full set of objectives and potentially may cause the project to fail.Identifying all the project stakeholders might be a difficult task, but the following are the obvious stakeholders in any project:Project SponsorProject ManagerPMOProject TeamProgram Manager (If Applicable)Portfolio Manager (If Applicable)Portfolio Review BoardFunctional ManagerOperational ManagementSellersBusiness PartnersCustomers
What stakeholders might benefit from the use of international accounting standards?
Stockholders
What is Mrs leonardo's conflict with her sister?
Mrs. Leonardo's conflict with her sister revolves around differences in opinions, behaviors, or values that lead to tension or disagreements between them. This conflict might arise from jealousy, misunderstandings, or unresolved issues between the two sisters. Communication and compromise are key to resolving the conflict and improving their relationship.
How might the political attacks between the Federalist and Democratic-Republican parties lead to problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
How might the political attacks between the federalists and democrats - republicans parties lead to problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
How might the political attacks between the federalist and democratic republican parties lead to the problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
How might the political attacks between the Federalist and Democratic Republican Party lead to problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
How might the political attacks between the Federalist and democratic republican parties lead to problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
How might the political attacks between the federalist and democratic republicans parties lead to problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
How might the political attacks between the federalists and democratics - republican parties lead to problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
How might the political attacks between the federalists and democratic republicans parties lead to problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
How might the political attacks between federalist and democratic republican party lead to problems in the future?
There might be a separation of governments or a 3rd party might be added to settle conflict.
