BMRT 11009 Lecture Notes - Lecture 8: Triple Bottom Line
14 Sep 2019
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Chapter 3: the manager"s work environment and ethical responsibilities. Internal stakeholders: consist of employees, owners, and the board of directors, owners, consist of all those who claim the organization as their legal property, board of directors. Members elected by the stockholders to see that the company is being run according to their interests. External stakeholders: external stakeholders, people or groups in the organization"s external environment that are affected by it, greatly influence the organization, the task environment, consists of 10 groups that present an organization with daily tasks to handle. Includes customers, competitors, suppliers, distributors, strategic allies, employee organizations, local communities, financial institutions, government regulators, an special-interest groups: the general environment, refers to the macroenvironment, such as economic, technological, and sociocultural, demographic, political-legal, and international. Question #1: two drug companies agree to work together to pool their research and development funds to develop a new drug for arthritis.
