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QUESTION
"A stakeholder in an organization is any group or individual who can affect or is affected by, the achievement of the organization's objectives" (Freeman 1948:46)
(a) According to the stakeholder view of the firm, towards which groups do organisations have a social responsibility?
(b) Explain the two main arguments given by the Stakeholder theory as to why these groups also have a legitimate claim on the corporation.
(c) What are the implications with regards to the role of managers?
a. Reduction of the total time and consequent reduction in production losses. b. Reduction nin the number or major repairs and consequently reduced maintenance expens
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critically discuss the 5 fundamentals of organizing
a) Justify the purposes of dissimalr types of organisation b) Explain the extent to which an organisation meets the objectives of disimilar stakeholders c) Describe the respo
Question 1: You are the chief actuary to a general insurance company. The company's main lines of business are employers' liability, marine, aviation and private motor insuran
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