How can we define issues that emerge in interaction between firms and stakeholders in society? from a firm and in line wit

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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20 Issues
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How can we define issues that emerge in interaction between firms and stakeholders in society?
as a general expectation that stakeholders have of what they expect from a firm, and in line with their
interests (stake) in the organization
as the general obligations that organizations have towards their stakeholders and on which they are
judged by their stakeholders
as a matter of concern in the eyes of stakeholders in relation to the organization's decision and
operations and which may involve a conflicting view on the matter compared to the firm's perspective
Transcribed Image Text:20 Issues p How can we define issues that emerge in interaction between firms and stakeholders in society? as a general expectation that stakeholders have of what they expect from a firm, and in line with their interests (stake) in the organization as the general obligations that organizations have towards their stakeholders and on which they are judged by their stakeholders as a matter of concern in the eyes of stakeholders in relation to the organization's decision and operations and which may involve a conflicting view on the matter compared to the firm's perspective
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