ADM 1301 Lecture Notes - Lecture 2: Lions Clubs International, Rotary International, Crisis Management

• School: University of Ottawa
• Department: Administration
• Course: ADM 1301
• Professor: Daina Mazutis

Document Summary

Pluralistic society: one where influence or power is decentralized by dispersing it among a variety of institution. Stakeholders: an individual, or group, who can influence and/or is influenced by the achievement of an organization"s purpose. Managers should identify the complete array of stakeholders: to obtain resources, the support of other group is required to maintain the legitimacy of business as an institution in society. Who are the stakeholders: owners, directors, elected by shareholders to represent their interests, small business doesn"t have directors, employees. Individuals who work for the corporation and are categorized: customers/consumers. Stakeholders can be broken down further in a manner appropriate to a particular corp. Frederick, davis, and post primary vs. secondary: primary interactions, employees (union, shareholders, creditors, suppliers, customers, competitors, wholesalers / retailers, secondary interactions, local communities, governments, social activist groups, media, business support grous, general public. Mintzberg internal vs. external: external corp, owners, associates, employees associations, public, directors.