Explain the relationship between business and stakeholders with a suitable example.

Explain the relationship between business and stakeholders with a suitable example.

The Relationship Between Business and Stakeholders A business and its stakeholders depend on each other to succeed. Stakeholders rely on the business for products, services, jobs, or other benefits. At the same time, businesses need stakeholders for support, resources, and growth. If this relationship is positive and balanced, both the business and stakeholders benefit. How … Read more

Why is stakeholder analysis needed? Explain briefly incorporating stakeholder power, interest, coalitions, and activism.

Why is stakeholder analysis needed? Explain briefly incorporating stakeholder power, interest, coalitions, and activism.

Elements of stakeholder analysis Stakeholder analysis involves identifying, analyzing, and engaging stakeholders. The elements of stakeholder analysis include:  Why stakeholder analysis is Needed? Stakeholder analysis is important because it helps managers understand who can affect or be affected by a project. It ensures that everyone’s needs and concerns are considered, helping the project run smoothly and … Read more

“Modern CSR Paradigm is all about creating a win-win situation between business and society.” Elucidate.

“Modern CSR Paradigm is all about creating a win-win situation between business and society.” Elucidate.

Corporate Social Responsibility (CSR) is when businesses take responsibility for how their actions impact society and the environment. The modern CSR approach focuses on mutual benefits for businesses and the community, creating a win-win situation. Modern CSR Paradigm: Creating a Win-Win Situation A win-win situation in business is a mutually beneficial outcome of a negotiation. In a … Read more

How will you analyze the stakeholders if you are formulating new policies for your business?

How will you analyze the stakeholders if you are formulating new policies for your business?

Analyzing Stakeholders while formulating new policies for Business When creating new policies for your business, it’s important to carefully analyze how different stakeholders might be affected. 1. Identify the Stakeholders Make a list of everyone who might be affected by the new policy. This includes employees, customers, suppliers, investors, the community, and the government. 2. … Read more

Business organization promotes diversity in the Workplace

Business organization promotes diversity in the Workplace

Diversity in a business means having people from different backgrounds, like different races, genders, and cultures, working together. This is important because it brings a lot of different ideas and ways of thinking to the table. When people with different experiences work together, they can come up with better solutions to problems and create more … Read more

Business Communication I Questions with Answer – 2018 Spring (BBA)

Business Communication I Questions with Answer – 2018 Spring (BBA)

Level: Bachelor Year: 2018 Programme: BBA Full Marks: 100 Course: Business Communication I Pass Marks: 45 Semester: III Semester Time: 3hrs University: Pokhara University Business Communication I Questions with Answer – 2018 Spring (BBA) 1. Read the following case and answer the given questions. (15) An inside look at PepsiCo reveals a powerful CEO decidedly different from most … Read more

BUSINESS AND SOCIETY CASE ANALYSIS

BUSINESS AND SOCIETY CASE ANALYSIS

BUSINESS AND SOCIETY CASE ANALYSIS CASE ANALYSIS QUESTIONS 1. 2023 Fall Q. No. 18Read the case situation given below and answer the questions that follow: Jane has just been hired as the head of the Payroll Section under the Human Resource Division at R&S Electronic Service Company. The company is medium-sized, with 75 full-time employees … Read more

BUSINESS AND SOCIETY RELATIONSHIP QUESTIONS WITH ANSWER

BUSINESS AND SOCIETY RELATIONSHIP QUESTIONS WITH ANSWER

BUSINESS AND SOCIETY RELATIONSHIP QUESTIONS WITH ANSWER VERY SHORT ANSWER QUESTIONS [2 MARKS] 1.2023 Fall Q. No. 1/2021 Fall Q. No. 1:list the main advantages of women at work. Answer: The main advantages of women at work 2. 2021 Fall Q. No. 11: What are the external factors influencing the business and society relationship? Answer: … Read more

AGENCY AND BUSINESS ORGANIZATION BOARD QUESTIONS WITH ANSWER

AGENCY AND BUSINESS ORGANIZATION BOARD QUESTIONS WITH ANSWER

AGENCY AND BUSINESS ORGANIZATION BOARD QUESTIONS WITH ANSWER BRIEF ANSWER QUESTIONS [2 MARKS] 1.2023 Fall Q. No. 3 Who is a liquidator? Answer: A liquidator is a person appointed to close a company. They sell the company’s assets, pay off its debts, and distribute any remaining money to shareholders. 2. 2023 Fall Q. No. 4 … Read more

Fundamentals of Entrepreneurship questions with answers – 2023 Spring (BBA/TT/BHM)

Fundamentals of Entrepreneurship questions with asnwer - 2023 Spring (BBA/TT/BHM)

Level: Bachelor Year: 2023 Programme: BBA/TT/BHM Full Marks: 100 Course: Fundamentals of Entrepreneurship Pass Marks: 45 Semester: VII Semester Time: 3hrs University: Pokhara University Fundamentals of Entrepreneurship questions with answers – 2023 Spring (BBA/TT/BHM) Section”A” Very Short Answer Questions 1.List out any five types of entrepreneurs.Answer: Five types of entrepreneurs are: 2. How does an entrepreneur differ from … Read more