BUSINESS AND SOCIETY1

8/7/2019 BUSINESS AND SOCIETY1

1/15

Free Powerpoint Templates

Page 1

GROUP NO.8GROUP NO.8

AVNISH KUMAR CHAUHANAVNISH KUMAR CHAUHAN

KIRTI SENGARKIRTI SENGARRACHIT KUMARRACHIT KUMAR

SHIKHA PANDEYSHIKHA PANDEY

VIPIN PRATAP SINGHVIPIN PRATAP SINGH

PRESENTED BY :PRESENTED BY :


2/15


Page 2

WHAT IS THE STAKE INWHAT IS THE STAKE IN

STAKEHOLDER ?STAKEHOLDER ?

An interest or share in an

undertaking.

Claim

Right


3/15


Page 3

WHAT IS A STAKEHOLDER ?WHAT IS A STAKEHOLDER ?

Individual or group having stake in the

organization.

A stakeholder is a party that canaffect or be affected by the actions of

the business as a whole.

The stakeholder concept was first used in a 1963internal memorandum at the Stanford Research institute.


4/15


Page 4

WHO ARE BUSINESS STAKEHOLDERS?WHO ARE BUSINESS STAKEHOLDERS?

Business Stakeholder Groups

Business Stakeholder Groups

Media

MediaSuppliers

Suppliers Special-InterestGroups

Special-InterestGroups

Society

SocietyGeneral

Public

General

Public

Competitors

CompetitorsCustomers

Customers Community

Community

Stockholders

Stockholders Employees

Employees


5/15


Page 5

STAKEHOLDERSSTAKEHOLDERS EXAMPLESEXAMPLES OFOF INTERESTSINTERESTSGovernment Taxation , VAT, legislation, low unemployment

Employees rates of pay, job security, compensation, respect

Customers value, quality, customer care, ethical products

Suppliers equitable business opportunitiesCreditors credit score, new contracts, liquidity

Communityjobs, involvement, environmental protection, shares,

truthful communication

Trade Unions quality, Staff protection, jobs

Examples of a company's stakeholdersExamples of a company's stakeholders


6/15


Page 6

TYPES OF STAKEHOLDERSTYPES OF STAKEHOLDERS

INTERNAL- Investors, Employees, Management

EXTERNAL- General public, communities , customers, media


7/15

Free Powerpoint Templates Page 7

DIFFERENT EXTERNAL STAKEHOLDERSDIFFERENT EXTERNAL STAKEHOLDERS

1. Customers

2. Government

3. Natural Environment

4. General Public (Community)5. Media


8/15


CUSTOMER ISSUES

Controversial Advertising Issues Comparative Advertising

Advertising to children

Marketing to the poor

Advertising of alcoholic beverages

Cigarette advertising

Health and environmental claims

Product Information Issues Packaging and Labeling

Quality ofProduct

Services


9/15


Rules and Regulations Regulation Enforcements - Action beyond

obligation

Legislation

Local/National Development plans - Employment

Regional/National Economic Planning - Taxation

Licensing

Compensation for land and assets

Permission for environmental exploration etc.

GOVERNMENTAL ISSUES


10/15


ENVIRONMENTAL ISSUESENVIRONMENTAL ISSUES

1. Climate Change2. Energy

3. Water

4. Biodiversity and Land Use

5. Chemicals, Toxics, and Heavy Metals

6. Air Pollution

7. Waste Management

8. Ozone Layer Depletion

9. Oceans and Fisheries

10.Deforestation


11/15


COMMUNITY STAKEHOLDERS

Systems, policies, reporting and engagement

Advertising complaints

Community Involvement

Equal opportunities

Health and safety

Job creation and security

Relationships with customers and suppliers Supply chains

Trade unions and employee participation


12/15


MEDIA ISSUESMEDIA ISSUES

Promotion of causes

Health, safety and security

Transparent ownership

Education

Communication impacts Responsible advertising

Human rights

Information integrity

Citizenship

Transparent and responsible editorial policies Freedom of expression

Impartial and balanced output


13/15


CASE STUDY NO. 1

Tata Nano Singur ControversyGeneral Public Issues Forcible acquisition of fertile agricultural

land for private enterprises (massive

opposition from displaced farmers)

Inadequate compensation

New housing facilities offered were delayed

Entire local population depends on agriculture

Jobs expected to go to outsiders

Environmental degradation

On October 3,2008, after a brief meeting with the ChiefMinister,

Mr. Ratan Tata declared his decision to move the Nano Project

out of West Bengal


14/15


CASE STUDY NO. 2

Coca-Cola IndiaCommunity Critical Issues/Problems: Kerala Solid waste Sludge

Polluted Water for Drinking

Health and environmental damage

Depletion of water levels

Reduced availability of water for irrigation purposes.

Pesticides in soft drinks

Dual product standards: accused of having dual standards in

terms of their products and safety measures

These allegations affected Coca-Cola largely with its sales

and also caused the closure of one of their bottling plants in

Kerala, India.


15/15

Free Powerpoint TemplatesPage 15

Documents

BUSINESS AND SOCIETY1