BUS 100- Final Exam Guide - Comprehensive Notes for the exam ( 42 pages long!)
28 Mar 2018
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Business 100 notes chapter 1: business in society. The corporation and its stakeholders: a single company often seems to best exemplify the management systems, technology, and social relationships of its era, save money live better walmart- largest private employer in the world with. Voting power: stakeholder has a legitimate right to cast a vote, shareholder voting power proportionate to the per(cid:272)e(cid:374)tage of the (cid:272)o(cid:373)pa(cid:374)(cid:455)"s sto(cid:272)k the(cid:455) own, vote on major decisions as mergers and acquisitions, 2. Legal power: bring a suit against a company for damages based on harm caused by the firm, 5. U b e r: uber driver hits a mother and her two children, 6 year old died, great company everyone thought it was so convenient. Business chapter 2: managing public issues and stakeholder. Stakeholder engagement: stakeholders do a better job of managing a wide range of issues than companies that do not, stakeholder engagement -> ongoing relationship building between a business and its stakeholders.
