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Stakeholder Theory Paper

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The Stakeholder theory defined in this week’s readings “the constituents without which who’s backing the organization would cease to exist” (Mayer, 2018). What this means is that it’s the managements job to focus holistically on the company and not just the owners or shareholder overall profit. This theory meshes everyone responsible for a company’s operation, this includes suppliers, shareholders, employees, financiers, governments, communities. This is important for managements as they need to protect the information from everyone involved in the corporations operations. Mr. Freedman notes that “ethics and stakeholder theory mesh the human factor together and drives capitalism” (Freeman, 2009). Therefore if the company protects its services, people, suppliers, community and customers or the stakeholders, they will feel safer. In the digital business arena, information security is imperative, the protection of everything that has an impact on the company’s digital footprint effects every part of the stakeholders operations. Spending money on security services or products is an investment into the stakeholder’s interest. Social contract plays a critical role in cybersecurity products and cybersecurity services in its core definitions. The Oregon state University defines social contract as …show more content…

This is known as cyberloafing. Studies have shown that “10 hours per employee per week on non-work related activities” (Jiaqing & LIM, 2012).Some corporations have adopted the on your time policy, this is where it is not a problem while on breaks or lunch. While some companies have outright banned the use of company resources for personal use. The problem here. The dilemma is some say it increases productivity, while others say it decreases productivity. Additionally the strain on corporate resources and the renewed security risk involved with employee

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Introduction Managing supervisor of Department O, Wilma Coogan, asked if I could make a report on extending telecommuting at the Corona Corporation. Telecommuting is working from a remote location, away from the standard work office. Remote locations can range from the home of the employee to any place with an Internet connection and the required tools (Ye, 2012). Although we are currently using this concept, there is no formal telecommuting method for our company.

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The social contract is the idea of trusting others in exchange for general security. Friendship is another term used to describe the social contract. The social contract allows for a better more peaceful society until someone breaks the contract. In the book “Of Mice and Men” by John Steinbeck two men are searching for jobs during the Great Depression. The book describes one who is mentally challenged, Lennie, and another one who cares for Lennie, named George.

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Social contracts were proposed with the intentions of creating

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The key to the idea of social contract is the general will which must come from all mankind and at the same time apply to all mankind. Mankind has to willingly give up their freedom for the good of the rest of the

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A social contract isWhat a social contract is is and an agreement between two or more people to uphold an action between the members, and when the contract is over the people that it effects still retain the rights and liberties that they started with. The problem that can arise from this is when you are in a contract with other people, you must now take into account what the other people think is your side of the contract. Yyou must know the general will of the group and what it says you must do. If your will and the general will do not match then one of three things will happen. The first it that the social contract will become broken and everything that is associated with it will no longer apply to you.

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A social contract, according to various theorist, is an idea about a voluntary agreement among individuals that results in the formation of the state or of organized society. According to Lock, his argument was that people deserved life, liberty, and property. People have to pay taxes in order to have their needs and desires meet. The government needs to protect individual's lives, ensure they are free to prosper and enforce laws that improve society. Frankenstein is about social contract in a few ways.

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And in order for these individuals to live in peace, they will have to bind themselves to the next contract, which is social contract. According to Merriam-Webster Dictionary, social contract is an agreement among the people in a society or between a group and its leader that defines and limits the rights and duties of each. Meanwhile from the legal perspective, Merriam-Webster defined social contract as “an actual or hypothetical agreement among individuals forming an organized society or between the community and the ruler that defines and limits the rights and duties of each”. On the other hand, social contract in

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The social contract consist of 19 laws of nature, written by Thomas Hobbes, these laws are rules that a man must follow in order to not ‘destroy’ their life. These laws generally explain how one should live their life. I believe that these laws should not be applied to all the citizens in the U.S. These laws are outdated since many things have changed since these laws were written.

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A social contract must

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The social contract is a system that takes away specific individual rights in order to operate an ordered system and is established in the United States political system through the laws and rights they have set to run an equal democratic system. The social contract was built in the primeval ages with people who were born into the state of nature without any structural systems within society. Everyone's moral and political obligations are depended on contract, that states how each persons rights are permitted by the law of order. If there was no common sense of how people should live, then there would be anarchy. A world without rule.

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Nicholas Carr's argument against the internet was very strong, and it persuaded me. It is very difficult for me to go against his opinion. I agree that the internet is changing us, but not in ways we think. There are long-term effects of using the internet as often as we do. He states that the internet is changing the way our brains function such as having a shorter attention span, negatively changing the way we critically think, and negatively changing our reading skills.

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Introduction This case study explores the acquisition of the Body Shop, which is one of the largest franchise cosmetics companies in the world, by L’Oreal. The main concentration of the case study aims at investigating the impact on business ethics and corporate social responsibility by the concentricity of the Body Shop and L’Oreal and how the general attitude and buying behaviour is distorted in the course of this acquisition. L‘Oreal being the big conglomerate in the cosmetics industry acquired the Body Shop International which is comparably small but having iconic brand of environmental and socially responsible concerns, on 17 March 2006, through a covenant of $1.2 billion. The combination of two brands in a newly formed conglomerate implies a combination of values, principles and associations that might affect a company’s appeal. The verity that L 'Oreal 's acquisition of the Body Shop provides plenty of potential growth opportunities is undeniable; nevertheless the question of how well the acquisition sits in the group of the world 's largest cosmetics company is another matter.

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Question 1 (10 points) Stakeholder management is one important aspect of project management, especially in large projects where multiple stakeholders with different power, influence and interests are present. Identify two different stakeholder models used in academic literature and compare their underlying assumptions and relevance. In the article Project Management Models as Value Creators, Eskerod and Riis used a project management model.

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Here you look on the difference between benefits and harms for the society and if the benefits are greater than the decision or an action is considered as ethical, if lower – unethical. Here it is important to identify the stakeholders and an effects on them from actions or decisions of a company. “You can think of a stakeholder as a person or organization that can affect or be affected by your organization. Stakeholders can come from inside or outside of the organization. Examples of stakeholders of a business include customers, employees, stockholders, suppliers, non-profit community organizations, government, and the local community among many others.”

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“Business Insider reports that social networking is the most popular use of the Internet - surpassing email - and smartphones and other mobile devices seem to be the driving force behind this trend since 60 percent of the traffic is from a mobile source. The Global Web Index poll shows that 28 percent of the time spent online is on social networks. With these type of numbers, some of the time spent on social media occurs at work. ”(C.R.Claywell (2014) Advantages and Disadvantages of Social Networking retrieved from http://socialnetworking.lovetoknow.com/Advantages_and_Disadvantages_of_Social_Networking) Using social networking without control while worktime contribute to the loss of productivity.

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