Monday, September 23, 2019
The Battle for Stirling Bridge Case Study Example | Topics and Well Written Essays - 2250 words
The Battle for Stirling Bridge - Case Study Example Employees are the superior stakeholders of the company. Employees work towards the objective of the company. The skilled metal workers of the Stirling Bridge Company manufacture power tools including the Braveheart tools and other light and heavy industrial machinery and thus they exert their sphere of influence in maximizing the profit. Employees are the superior stakeholders of the company. Employees work towards the objective of the company. The skilled metal workers of the Stirling Bridge Company manufacture power tools including the Braveheart tools and other light and heavy industrial machinery and thus they exert their sphere of influence in maximizing the profit. Customers: Customers play a major role in the development of the organization as they are the consumers of the product produced by the company. The customers influence the company by giving feedback about the quality of the product. Suppliers: Raw materials are the main resources of an organization. Suppliers provide the necessary raw materials and influence the continuous production of the tools. Government: The organization should get the approval of the government before commencing its productions. The concern should abide by the rules and the standard acts imposed by the Government. The Government has full authority to take legal action against the company if any of its activities harm society.à Thus each of the stakeholders exercises their own influence in different areas of interest in the company thereby promulgating the production to a profitable extent.2. How might the actions of Stirling Bridge, with respect to its Braveheart line of tools, be regarded more as a stakeholder approach as opposed to a strict shareholder approach and which of Lantosââ¬â¢ types of Corporate Social Responsibility might be demonstrated by each of the actions taken?
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