This article analyzes the likely positive and negative effects of business decisions on three different stakeholder groups - employees, customers and local community.
Posts tagged as “stakeholder conflict”
While growth is a common business objective, it is neither easy nor cheap for the company to achieve as there are many problems linked to business growth.
Overall, it is important to find the right balance between ethics and profit because the business has long-term interests of acting ethically.
As different stakeholder groups have varying interests in a business, it is likely that conflict will arise.
This article focuses on the importance of business objectives for every business, different forms of business objectives, etc.