BU111 Lecture 9: CSR, Stakeholders and Cohorts
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BU111 Full Course Notes
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Defensive = making only the legally required. Becoming proactive and achieving or raising standards. Encourages innovation to achieve csr in better newer ways. 1. power over the organization (is the firm dependent from it) Supportive (most desired): low threat and high cooperation: employees and. Marginal : low threat low cooperation : accounting firms, auditors. Mixed blessing: high threat high cooperation: investors and customers (can move between supportive and non supportive. Non supportive: high threat low cooperation: competitors and substitutes. Marginal: monitor and satisfy demands if possible. 3. encourage supportive stakeholders to speak up in defense. Advantage of a small cohort: less competition. Advantage of a large cohost: high customization and high government attention (large group of voters receive attention) Disadvantage of a small cohort: less customization and less government focus. Disadvantage of a large cohort: large competition for same jobs, housing and goods. Mass delayed spending due to millennials living at parents home still. Canada very behind compared to the us.
