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Sharing of power and overall societal gain

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Reference no: EM131797563

1. What is the definition 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.

2. What are the 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.)

3. What is the differences 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

Reference no: EM131797563

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