Stakeholder Influences Hsm/270

Stakeholders are people that have an interest in the success of business and play a role in the survival of that business. They tend to submit monthly amounts of money

Stakeholders are individuals or groups that partake, or assert, possession, privileges, or benefits in a, organization and its accomplishments, previously currently, and in the upcoming (Barrett, 2001). These requested privileges or benefits are the result of communications with, or activities reserved by the organization, and they must be lawful or ethical, separate or combined Stakeholders with comparable benefits, entitlements, or privileges can be categorized as fitting into the similar collection: personnel, investors, and clients (Barrett, 2001). The better the impact these groups have on client’s lives and the extra community assets with which they are assigned, and it becomes vital that they are responsible (Barrett, 2001).

PEACE’s mission is to reduce victim trauma, empower survivors, and promote recovery through direct services.

Stakeholders are groups or individuals that can affect or can be affected by a policy, such as Medicaid. There are many stakeholders that have the ability to affect change when it comes to the elderly and Medicaid. There are also many Stakeholders that are affected by Medicaid as a policy.

In healthcare the stakeholders are key element of the organization. The stakeholders are the Providers, Payers, Employers and Patients. The stakeholders are individuals with some stake or concern in the process. The customers want the lowest rate and the highest quality of provision. The employers want job security, a decent workplace and benefits. The corporation desires to see the highest revenue for the lowest total cost.

The purpose of this paper is to recognize the definition and what a stakeholder is and what it does. I will also explain the two groups of the stakeholders and put the stakeholders in the group where they belong. I will explain what the stakeholders responsibilities are, what their ethical responsibilities to the company. Will explain what would be the appropriate response to the situation in the company. And finally explain what Joe should propose to the management team and how Joe should support his proposal.

In this paper, a stakeholder is the key to the program, where their decision is affected by the actions and decisions that are made by the organization. Stakeholders take interests in various areas of the operations of any business, but having a well put together program plan will help make

Program evaluation is a type of evaluation research that systematically assessed the achievement of a specific program, in this case the PEACE organization. An evaluation plan is a design that the program’s staff and evaluators will follow to assess the progress and results of the PEACE organization programs. A program evaluation plan should be developed along with the formulation of program goals, objectives and activities at the beginning of the program. The program evaluation will achieve some basic objectives such as: documentation of program implementation strategies, intervention models, and other process information. It also is a measurement of the PEACE program outcomes and results and an assessment of overall impact and success of the program.

PEACE Domestic Violence Agency is dedicated to the community in reducing victim trauma, empowering survivors, and to promote recovery through direct services. The objectives are to promote the well-being of people who has been affected by domestic violence, and to educate people about domestic violence. So basically this program is there to help those who need it the most people who think they cannot get out or people who need to know the facts about domestic violence and what it can do to people and their families. The program is available to everybody who could be exposed to violence whether it’s domestic violence, rape or abuse.

According to Webster (2016), “a stakeholder is a person or business that has invested money into something”. Therefore, at Bethel University, stakeholders are any that is affiliated and have an interest invested. The stakeholders at Bethel University are the students, management, instructors, and anyone else that has an invested interest or concern with the school. All of Bethel’s University stakeholders have a mission, regardless if it is personal and professional. For instance, students want to obtain a degree, instructors are paid to teach and administrators are there to promote a leading and affordable Christian University; all objectives revolves around profit. To sum up, each person affiliated with Bethel does believe in the strategic

Stakeholders play a critical role in the management and decision-making process of an organization. An example of a stakeholder includes employees, managers, patients, vendors, suppliers, the community, creditors, customers and the government (Daft, 2013). Also, Daft (2013) says, “Stakeholders are groups “within or outside of the organization that has a stake in the organization’s performance” (p. 23). There are a few differences surrounding stakeholder expectations between non-profit and for-profit organizations. The differences in nonprofit organizations and for-profit business organizations are the direction of activities for the end goal (Daft, 2013). Although it is very difficult to measure the impact that a nonprofit has on society, community, or a particular group as opposed to evaluating an income statement from a for-pro-profit organization. The same level of attention should be paid to stakeholder for nonprofit organizations as stakeholders of for-profit organizations.

“Stakeholders (or interest groups) are tangible, visible and approachable groups or institutions which have a direct influence on the functioning of an organisation.”

There are many ways that the stakeholder can influence the destiny of the company. The first influence that the stakeholders have is the voting power. This means that the stakeholders have the right to cast votes. The stakeholders that usually cast the votes are the stockholders and their voting power depends on the percentage of stock they own in the company. The customers have the economic power. The customer can exercise this power by refusing to use the services of the bank. The customer may even boycott the bank if they fell that the bank is operating unethical or illegally.

Stakeholders are individuals who are involved in, have a vested interest in, or a “stake” in the success of an organization (Merriam-Webster, 2011), such as a hospital. Dr. DoRight is an influential decision maker as the President of the Universal Human Care Hospital and it is important for him to consider how his decisions and actions affect the stakeholders of the hospital. In the course of his daily activities Dr. Do Right will interact and impact many of the hospital’s

Stakeholders have contributed capital towards the business venture and as such they have a direct interest in the financial performance of the business because this will impact on the value of their investments.