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Q: Why do claims and interests of stakeholders sometimes conflict?
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Does a Shareholder view of ethics suggest that you retain mission critical people at the expense of less critical employees?

By the end of this section, you will be able to: Identify the factors that affect stakeholder prioritization Explain why priorities will vary based upon the interest and power of the stakeholder Describe how to prioritize stakeholder claims, particularly when they conflict If we carry the idea of stakeholder to the extreme, every person is a stakeholder of every company. The first step in stakeholder management, the process of accurately assessing stakeholder claims so an organization can manage them effectively, is therefore to define and prioritize stakeholders significant to the firm. Then, it must consider their claims. Given that there are numerous types of stakeholders, how do managers balance these claims? Ethically, no group should be treated better than another, and managers should respond to as many stakeholders as possible. However, time and resource limitations require organizations to prioritize claims as stakeholder needs rise and fall.


What are stakeholder claims?

A stakeholder is any person who affects or is affected by the activities of an organisation. A claim is the outcome that the stakeholder seeks or the outcome which would benefit the stakeholder most or harm it least


Which pair of countries did NOT have such a conflict over New World claims?

Spain and France


What theory claims that a struggle for power is a basic feature of human existence?

conflict theory


Do creditors automatically have to accept a company's reorganization plan under Chapter 11?

The creditors and interests are to accept or reject the plan before confirmation by the court. Confirmation requires that the plan be in the best interests of each class of claims and interests, and be feasible.


What two groups are in conflict over claims to Palestinian territory?

Jews and Palestinians.


Ethical egoism claims that morally right action always maximizes the interests of others. true or false?

Morally right action does always maximizes the interests of others. This is a one self interest.


Why did Russia build a fort in California?

Russia built Fort Ross to protect its interests in the fur trade and its land claims in California


What is structural conflict?

Structural conflict theory states that conflicts in society happen because of claims for the same resource. As a results, various structured groups fight against one another.


What was the inevitable outcome of the conflict specifically Vietnam?

No conflict has an inevitable outcome while it is going on. You can only claim something was inevitable after it happens. Most such claims of inevitability are based on a simplistic understanding of the circumstances.


What is structural conflict theory?

Structural conflict theory suggests that conflict arises from inequalities in society's institutions and structures, leading to competition for resources and power among different groups. It focuses on how these structural imbalances create and perpetuate conflict and social issues.


Why does he trust me with his telling me how he feels when he barely knows me?

If it is not long since you knew each other, and he claims that he trusts you, he is either lying or simply after selfish interests.