Wednesday, February 19, 2020

Case study Essay Example | Topics and Well Written Essays - 1500 words

Case study - Essay Example The potential for conflict arses when the conditions under which the service is provided is poor. High High High Identify their changing needs and make the necessary changes to facilitate them Suppliers Interested in continued business with the company. Conflict can arise when they also compete with Garden City Ltd Moderate Moderate Moderate Ensure that more than one supplier is used so that shortages can be avoided. Employees Interested in maintaining their jobs Moderate Moderate Moderate Train them and ensure that they are motivated so that they can provide quality customer service Shareholders Interested in the profitability of the business and maintaining or improving their net worth. Moderate Moderate Moderate Ensure that the business maintains or increases its value so that they can sell their shares easily. Manage it in such a way that people will be willing to invest in the company The Community Interested in the continuity of the business. Potential for conflicts may arise i f the company is not obeying government rules and regulations Low to Moderate Moderate Moderate The company needs to ensure that it meets its obligations in relation to the environment and make contributions to the uplift the community. Loan Creditors Collecting debts as they fall due. Borrowing in excess of certain limits and expending funds on unprofitable projects place them at risk and are likely to cause conflicts. Moderate Moderate Moderate Avoid conflicts and ensure business continuity by ensuring that agreements are adhered to. The table shows six of the stakeholders of Garden City Ltd - customers, suppliers, employees, shareholders, the community in which the business is operated and loan creditors. It shows their main interest and matters that could potentially cause conflict. It also shows their level of influence, importance and net impact. Based on the information provided by Sally the customers are the stakeholders with a high level of power and influence, importance a nd net impact. It therefore means their needs should be satisfied if Garden City Ltd wishes to remain in business. The other stakeholders are not as influential and important as customers. Without customers the business ceases to exist. However, it is important to note that loan creditors can wield a lot of power, especially when a company is in financial distress. A business’s ability to remain in good favour with loan creditors depends on how its finances are managed and whether it discharges its obligations when they are due. Anything to the contrary may result in loan creditors using their powers to take over the assets of the business. Although the shareholders are owners of the business the influence that they wield depends on the percentage of shares that they own. The decisions that management makes are highly likely to coincide with the interest of the customers. Maintaining shareholder value is of paramount importance. The community has the power to bind the company to act in accordance with government regulations. It is through the community that companies find a supply of workers to

Tuesday, February 4, 2020

Air pollution in China Essay Example | Topics and Well Written Essays - 1000 words

Air pollution in China - Essay Example country claiming that the country would continue to grow its economy relying on the energy inefficient industries and using the polluting agents (Feng, 1999). However, the studies claim that the cost of pollution would oppose the development a feature that has begun stagnating development endeavors in the country as the discussion below portrays. The introductory paragraph above states that pollution is costly and deters infrastructural development and economic growth in the country. China’s economy has grown within the last few years owing to the rapid industrialization of the country. China is among the largest consumers of fossil fuels in the world with most of the industries in the country running on petroleum products. While industrialization has fostered the economic growth of the country, such endeavors have contributed to different forms of pollution thus culminating in the current state of affairs. Currently, the rate of pollution has reached the highest level deterring visibility owing to fog. Such high levels of pollution have begun affect the country’s economic growth by making the country, a country that was once the leading global investment destination, lose on foreign investors most of who site the health implications of the intense pollution. Industries in China are the leading pollutants. The country has millions of industries that run of fossil fuels thereby emitting large amounts of carbon monoxide and carbon dioxide among other poisonous gases. Cities in the northern parts of the country are more polluted than in any other parts of the country owing to high number of industries in such regions. China for example is the leading exporter of steal globally (Innes & Hassan, 2000). Steel and cement industries are among the companies located in the northern parts of the country. Cement and steel industries in the country contribute to pollution owing to the large-scale evacuation processes they carry out coupled with an equally large-scale