Wednesday, April 24, 2019
Stakeholder analysis Essay Example | Topics and Well Written Essays - 1250 words - 1
Stakeholder analysis - Essay ExampleOther stakeholders who worked together with Cicero were the board chairman, chief auditor, popular instruction and the top real estate executives.Another stakeholder at the center of the bribery claims was the company chief executive, Eduardo Castro-Wright. Castro-Wright boost payments, whereby he described bribes as payments for some specific purposes, which aimed at enabling the company to build hundreds of refreshed stores. These bribes were being recorded in the accounting records as simple legal fees (Barstow). As a publication of the fast growth of the companys outlets through bribes, Mr. Castro-Wright was promoted to a senior position and even include on the executive committee of the companys inner sanctum.The company CEO Lee Scott, Jr. is among the companys stakeholders. He is the person who holds the top most position in Wal-Mart Company. Therefore, he was the one to create sensation the public about the bribery claims against the c ompany. Investors or shareholders are other stakeholders of the company since their finances are for ontogeny purposes among other tasks. The government of Mexico and that of the United States are other stakeholders since the company operates in their territories.The Government of U.S and Mexico could salvage the sure from bribery claims. They should have influenced and dictated how the business of Wal-Mart was being carried out. Unfortunately, government officials accepted bribes so as to coat way for some business malpractices to be operated in their territory at the expense of other stakeholders and the general public at large. Therefore, government officials would have taken urgent steps in order to observe the growth of business malpractices in the business fraternity of the two countries.The company CEO, H. Lee Scott Junior is another(prenominal) stakeholder and the company official who was very
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment