ADM 4311 Lecture Notes - Lecture 5: Strategic Business Unit, Corporate Social Responsibility, Cost Leadership

• School: University of Ottawa
• Department: Administration
• Course: ADM 4311
• Professor: Alan O' Sullivan

Document Summary

> shareholders are also stakeholders, of course, but in the stakeholder model they are likely to take larger stakes in their companies than in the pure shareholder model and to hold these stakes longer term. Cons: weaker decision making, uneconomic investments, reduced innovation and entrepreneurship. > proposal writer (service company that sells its services to request for. = commitment by organizations to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large. > behaving ethically, while improving the lifes of people around. Chapter 6: strategic business unit (sbu) = supplies goods or services for a distinct domain of activity. Cost-leadership strategy = involves becoming the lowest-cost organization in a domain of activity. Strategic lock-in = where users become dependent on a supplier and are unable to use another supplier without substantial switching costs.