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Definition-explanation of pluralism

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Reference no: EM131815806

Describe today's pluralist society and outline the challenges and opportunity it presents for modern business. Do you believe this provides further justification for stakeholder approach to business? Provide evidence

  • Definition/Explanation of pluralism (a pluralist Society)

Increasingly complex business landscape

Balance between various S.I.G's should lead to a balanced sharing of power and overall societal gain

  • Exploration of opportunities and challenges pluralism produces for modern managers
  • Rise of large MNC's (Power/Influence)
  • Power/Influence of more diverse range of stakeholders (e.g. grass roots organisations, community groups, etc.)
  • Clear link between a pluralist society and a stakeholder approach to business

Evidence of increasing relevance of SH approach, including relevant examples

Increasingly varied, shifting, and complex set of stakeholder to consider

Mention of ethics/CSR

  • Appropriate examples/case studies
  • Inclusion of relevant theory and references

Reference no: EM131815806

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