Deer Hunting A Family Tradition Essay - 1150 Words

Since the beginning of time man has been hunting animals for food. Even before fire, man needed to hunt, because hunting was the only way to eat. At first man used things such as spears and rocks to kill its prey. As man evolved, they started using bows and arrows. Next came an early model of what we use today, the firearm. It is powerful yet easy to carry around. It puts the animal through less suffering and is a lot more efficient than previous techniques. Hunting was once a necessity, but now it is a tradition, passed on from father to son as a way to spend time together, enjoy the outdoors, and experience what our ancestors went through in hunting their dinner. Since it is considered a sport some think we are killing off†¦show more content†¦It is the symbol of his hunting skills. It is as close to his heart as his pick-up truck† (Slinksy). He then said he would get me my own the next year if I liked hunting. But, before I could go hunting I needed to take a hunter s safety course. At one time this was not required, but now â€Å"All states now require some form of mandatory hunter education certificate prior to issuing a license† (â€Å"Ignoring Hunter Safety...†). So I enrolled in a class at the St.Clair Fish Game Club. After a couple weeks of classes I had my certificate and could get my hunting license. It was one of the most exciting times in my life, but not nearly as exciting as the day I actually got to go into the woods and hunt with my Dad. The wait till the first day of hunting season was intense! Finally it came, that Monday morning after the Thanksgiving weekend I got all bundled up and followed my father’s unusual routine, as I once thought. When we got into the woods I had no idea what was to come. First, it was boring; we just sat in the tree stand and saw nothing. Then we decided to walk around and see if we could find anything. Well after a while we finally found what we were looking for a deer! It was only a couple yards away. I was shaking like a leaf! I braced myself and pulled the trigger! The deer hunched up and took off. My Dad said he thought I hit it but wasn’t sure.Show MoreRelatedRecreational Hunting1106 Words   |  5 PagesRecreational Hunting: The Needs and the Wants Melissa Mosley COM/156 University Composition and Communications II 5/16/14 Trish Prince Recreational Hunting: The Needs and the Wants Hunting has been around as long as man has been hungry. With the modernization of times, the necessity of hunting has changed. Hunting is no longer the only way a family can be fed with the meat of the animals, clothed with the hides from the carcus, or houses built with the tools created from the bones of theRead MoreWhat s Merica Without Meat1657 Words   |  7 Pagesthe ages have shared the tradition of hunting.Before the time of modern weapons were used to kill animals, people hunted. Back in the cavemen days people used sticks and stones to kill their food for their families. People had no option to hunt, it was the only way their families got food. Hundreds of years ago a new invention was made that made hunting a lot easier. After many long years pass and many animals killed by bow and arrow, a new weapon was invented. The deer rifle is very efficient, powerfulRead MoreHunting Pros and Cons Essay1272 Words   |  6 PagesDannielle Fory BIO-220 Environmental Science May 4, 2013 Steven Lenk Hunting Hunting has been a way of life for thousands of years. As long as humans have been on earth, they have been hunting to provide food for their families. For many decades now, hunting has started to cause conflict among people. One of the main issues that have cause conflict has been overharvesting. Overharvesting can also cause issues with habitat and may put a strain on the relationship between the predator andRead MoreThe Importance Of Hunting In Sir Gawain And The Green Knight1624 Words   |  7 Pagesafter wild creatures to give their families with food, clothing and a home. During these modern times society-hunting requirements for survival has diminished on account of the improvement of agriculture, creature farming and assembling of food which is processed. I feel like hunting is a very big thing that has taken place during the earlier times through out the countries and it has impacted everyday life for people and their families to survive. Even today hunting is famous and still has an impactRead MoreHunting, The Best Sport There Is1276 Words   |  6 PagesHunting, The Best Sport There Is One of the most controversial topics around the world is whether or not hunting should be legal. Many people believe that hunting should be outlawed. I believe that hunting is a sport that should be not only performed, but encouraged in today’s world. The sport of hunting has many positive impacts on the economy, on nature, on the wildlife, and many other things. Hunting is good for our mental and physical health as well. Hunting and ethical way to spend time withRead MoreEssay on Three Reasons Against Gun Control646 Words   |  3 Pagesin this case. In this essay I am going to discuss three reasons I am against gun control: one being it is our constitutional right to bear arms, two every citizen should have the right to protect themselves, their family, and their property, and three for conservation purposes hunting must be permitted, and to hunt guns are a necessity. Our founding fathers when writing our constitution added the right to bear arms in the second amendment. People who are for gun control argue the meaning of theRead MoreWildlife Management: Why People Hunt? Essay1092 Words   |  5 PagesHumans have been hunting on this planet for over two million years. Our ancestors used complex hunting techniques to ambush and kill antelopes, gazelles, and other large animals dated back to times before Christ. People all around the world still carry on the tradition, but the view on hunting is not the same as it was back then. The world is so industrialized, and people think hunting is cruel and useless because you can buy meat at grocery stores. But in reality, it is the reason the wildlife theyRead MoreHunting Is An Essential Component Of Conservation944 Words   |  4 Pageshistory of hunting reveals that hunters of today share many of the same motivations and methods as ancient hunters. While technology and accessories may be different t hat those used for hunting thousands of years ago, the ability to take down an animal is something to be celebrated. When you learn the history of hunting, you’ll gain greater appreciation for this old tradition. Hunting is an essential component of conservation and can be used in everyday life; it has been a part of American historyRead MoreHunting : The Truth About Hunting Essay1372 Words   |  6 PagesI m hunting wabbits: The truth about hunting? Many people think of the bahamas, or a five star hotel when a vacation is mentioned, however that is not true for all. For those who enjoy the outdoors and nature, a nice hunting trip speak more to them. Hunting has been seen in our culture for centuries as a way of reconnecting with nature, and in todays world with the lack of predators it is used to keep nature in balance, as well as keeping in touch with our ancestral traditions. Hunting is a partRead MoreArtistole Toulmin669 Words   |  3 Pages Toulmin Assignment Argument One: For deer hunting to be made illegal in Illinois Main claim - Hunting should be made illegal in Illinois it seems to be a unsafe and ineffective form of recreation . Key terms in the main claim - Unsafe = The fact that there is over 100 hunting deaths in the United States every year Illegal = Forbidden by law Recreation = Activity done for enjoyment when one is not working Support: 3 reasons/sub-claims- Hunting endangers the whole entire community at times

Mucha Is a Powerful Executive Essay - 563 Words

Mary Doe is the Vice President, Chief Communications Officer, responsible for global communications at The Walt Disney Company, which includes acting as chief spokesperson and overseeing communication strategy and media relations for the company, its business segments and its philanthropic and environmental initiatives. Prior to join The Walt Disney, Mary Doe served as a communications director to the New York State Governor George Pataki and for the United States Senator Alfonse D’Amato. A member of the Arthur Page Society and The Seminar, in 2012 Ms. Mary Doe received the prestigious Matrix Award from New York Women in Communications, Inc. Also, named as one of the 100 Most Important In-House Communicators in the World by The Holmes†¦show more content†¦Under her directions, all executives were pushed to challenge all-comers and scrapped the posture in which queries were often dismissed with a flat â€Å"no comment† response. She was quick on unleashing her â€Å"inner pit bull† on critics and reporters ((Disney Case Study – Corporate Spokesperson, â€Å"2004, Running Disney’s Word Machine,† Page 9). She even went against the proxy advisor glass, Lewis Co by publicly stating it as â€Å"an upstart company that is trying to grab publicity.† She is tough even with the top management at Disney and known for difficult relationship with Fred Dicker, a New York Post Editor who described her as the â€Å"Jack Kevorkian of Public Information.†(Disney Case Study – Corporate Spokesperson, â€Å"2004, Running Disney’s Word Machine,† Page 10.) No doubt she is a successful professional and a powerful woman who has created some enemies along the way such as the journalist who may not have adored Mary Doe throughout the way. In my opinion, her approach is effective to keep Disney out of negative publicity as Disney is still considered as the best-known companies in the world. Her experience has saved the company during crisis management and has helped theShow MoreRelatedDisney Company s Operations And Board Of Directors3617 Words   |  15 Pagesbillion (Mucha Singer, 2013). In 2013, this segment comprised approximately 45% of revenues and 64% of income. In fiscal years 2014 and 2013, revenues and income for the Media Networks segment increased 4% and 7%, respectively (Mucha Singer, 2014). Additionally, according to the first quarter segment operating results for fiscal 2015 and 2014, the data illustrate that the Media Networks revenues for the quarter increased 11% to around $5.9 billion and income increased 3% to $1.5 b illion (Mucha SingerRead MoreWho Made Rizal Our Foremost National Hero, and Why?5235 Words   |  21 Pagessocieties, trade names that bear his name; in the number of persons, both Filipinos foreigners, who were named Rizal or Rizalina because of their parents’ admiration for the Great Malayan; in the number of laws, Executive Orders Proclamations of the Chief Executive, bulletins, memoranda, circulars of both the bureaus of public private schools. Who is the Filipino writer thinker whose teachings noble thoughts have been frequently invoked quoted by authors public speakersRead MoreMarketing Management130471 Words   |  522 Pagesacquiring control over the levels of state power. Property no more rules, even indirectly, these days. Nor does labour in the †peasant and workers† states. It is the â€Å"knowledge† group comprising not only politicians and bureaucrats but also business executives, company directors, factory mangers, scientists eng ineers, technocrats, bankers, journalists, intellectuals lawyers, doctors, teachers and many other belonging to liberal profession and â€Å"services† sector, that does so. That group or class constitutes

ERP on Employees Productivity in the Telecommunication

Question: Discuss about the ERP on Employees Productivity in the Telecommunication. Answer: Introduction Todays business environment is influenced by the advancement and exponential growth of information technology. In the competitive and rival environment the technology is needed to cope up with the other competitors in the market.Managers need to employ technologies for the benefit of the organization if the organization wishes to remain successful and to be competitive in the market.Currently organizations in the telecommunication sector have faced some challenges regarding implementation of ERP on the employees productivity. Research objective As far as objectives and real purpose behind the research is concerned, following are the basic objectives To examine the impact of ERP on increasing the work efficiency of the employee in the telecommunication sector To evaluate the process of ERP the telecommunication sector normally applies To advocate the possible strategies needed to be applied for establishing the ERP Research question What is the impact of enterprise resource planning implementation on employees productivity? How the employees efficiency help the companys to achieve their goals or objectives? What is the necessary approach of ERP in increasing the employees productivity in an organization? Problem statement In the telecommunication sector in Australia, the companies are using several operating systems for different departments to collect the information or data. For that there is no consistency of receiving the data timely. For that the employee of the organization are less productive(Rachev et al., 2013). Literature review: Introduction Enterprise Resource Planning (ERP) is collection of softwares which constitute a total software system which the business enterprises use to perform their day-to-day operations. This information technological support helps in the decision making process of the organization. The scope of ERP is huge and its practical life implementation is numerous. The advantages offered by ERP have helped it gain much significance in the business world. The present industry situation is characterized by dynamic changes in the market environment and ever increasing competition. Keywords: ERP System, Organizational Objectives, Employee Productivity, Effect of Technological Advancement in the Telecommunication Industry, Productivity Analysis, Service Quality, Employee Innovation. Concept of ERP As mentioned above ERP is total system which co-ordinates and facilitates the business activities of a business organization. To keep pace with the dynamic nature of the business environment and stakeholder demands, implementation of contemporary technologies have become indispensable such as the ERP system (Abugabah, Ahed, et al. 2010). This research paper intends to review the effect of ERP system on the productivity of employees in the telecommunication industry of Australia. The critical review will explore all the possible advantageous avenues an organization can discover within and outside the industry. We will evaluate the effect of these avenues on the level of effectiveness and efficiency of the employees engaged in the telecommunication sector. As pointed out earlier ERP is a collection of softwares which find their implementation in various business processes that are undertaken by a telecommunication company. The various avenues where ERP system is implemented are supply chain management, manufacturing, inventory control, manufacturing activities, sales support, customer relationship management, accounting, costing, financial management, etc. The main aim behind implementing ERP is to facilitate an informative decision making process. With the help of an ERP system the management of the company is able to make informed decisions which ultimately cater to the achievement of the pre-determined goals of the concern. Such effective and efficient decision making helps in maximizing profits and the wealth of the stakeholders (Beheshti, Hooshang M., et al. 2010). CRM module of ERP and its effect on sales of employees ERP is basically noticed to supply different reliable and available customer oriented data, which further helps the employees to perfectly manage and carry out their pre sales activities. Also it helps the employees to perform different automatic sales process and deliver a consistent form of customer service. The CRM module helps employees to recognise the different forms of market trends problems in sales as well as developed business opportunities which are likely noticed to throw impact over sales performance (Donner, et al 2011). The employees are further noticed to make access over the updated communication history with their customers to strengthen their relationship with the customers. In this way, employees of different companies strive to increase their sales performance by supplying superior form of customer services and enhance their relation with customers. The CRM module of ERP is further noticed to impose control over the sales process of the company that is followed b y the employees. it is noticed to authorize the sales staff of the company by supplying them with details that includes information on inventory status, the cost structure and delivery time of the products, habits and special demands placed by the customers so that the company puts effort in producing such products and expand the sales platform of the company (Gulati, 2012). With the use of CRM software he employees are able to supply value added services to their customers so that they could stay at the forefront of their business competitors with a good reputation in the market, also with the CRM module the employees of the company are able to successfully upgrade their existing knowledge on customers needs and supplying hose services or products in time strengthen the sales structure of the company. It would be further research with SAP CRM which supplies information on the different aspects of sales and helps the employees to collect different predictive information that might t hrow impact on the sales performance. The idea of implementing different channels within the business that includes internet, telephony, carrying out field sales that help in optimising the customers relationship would be helpful for the research (Hesse-Biber 2010). Effect of ERP on Productivity of Employees In an arena where ERP has made the entire management process automated, the productivity of the employees get affected. This may happen in a positive or negative manner, both. This impact has been studied in details previously. Notable research works are McAfee and Upton 1996, Ross in 1998, Davenport also in 1998, AT Kearney in 1996, 1998 and in 2000, Gattiker and Goodhue in 2000, MSDW CIO Surveys on Enterprise Softwares from 1999 to 2001. As discussed above the needs of the telecommunication industry has changed to a huge extent (Ifinedo and Princely 2010). Cut throat competition requires the telecommunication companies to co-ordinate their activities in an efficient manner so as to provide seamless service to the consumers. Implementation of ERP has enabled integration, co-ordination and execution of different business processes in an efficient manner throughout the organization (Momoh, A., R. Roy et al. 2010). The level and quality of productivity of the employees is a very much important element to the management of the telecommunications company. As they are a part of the service industry, it becomes imperative for them to interact with the end customers in an efficient manner so as to satisfy their demands (Venkatesh, Viswanath, Hillol Bala, et al. 2010). The employees of the telecommunication industry are engaged in direct customer handling and hence their work force has to be well trained. Implementation of ERP system in the organization helps the employees to perform their jobs with much accuracy and as a result they get the scope to focus more on customer handling (Morris, Michael G., et al. 2010). This in turn increases their service quality and enables to resolve disputes quickly. Prompt service by the employees increases their productivity and customer satisfaction. The employees become more and more involved in generating innovative ideas to serve the customers of the company. T his level of effectiveness is only achieved by implementing a total system which reduces the extra burdens of the employees. As a result the sense of accountability and responsibility increases in the employees. The involvement of IT in the decision making process has resulted to be an asset for the companies engaged in the telecommunication industry (Qutaishat and Fadi Taher,2012). Gaps in Existing Literature This research is based on the earlier studies which were conducted in the 1990s. Since then a lot of changes have taken place. This research intends to bridge those gaps and arrive at a conclusion which will be taken to be most appropriate in contemporary times. This research intends to measure the sensitivity of changes in the productivity of employees with the implementation of ERP systems in organizations. The degree of change is still not arrived at to the exact pinpoint. This research intends to find out and measure the exact amount of change that takes place in productivity after and before implementation of ERP system. Summary This study was able to demonstrate the importance of ERP systems in the present business world for companies engaged in the telecommunication industry in Australia. It was able to address the issues related to the implementation of an ERP system on the productivity of the employees of the organization. Employee behavior and effectiveness is influenced by a number of variables which has a great impact on the functioning and decision making process of a company. To achieve the objective of customer satisfaction by implementing ERP system requires the employees to be involved throughout the implementation process. The employees shall be given the freedom to choose the manner in which they will require assistance from the ERP system. This will definitely enhance the efficiency of the employees and will help them to perform their duties in a much effective manner. Research methodology The researcher will be applied different statistical models and techniques based on the requirements of this research(Leavy and Hesse-Biber 2010). For conducting this research the data and information will be needed and a work structure should be prepared(Hesse-Biber 2010). The deductive research approach will be going to use by the researcher to collect the practical data and information that are required for this study. The researcher will going to use the descriptive research design that helps to gather the actual data.For this research both quantitative and qualitative data are going to use that will help the researcher to analyze the data more accurately(Gulati 2012). Data collection approach After the preparation of the research design the researcher will going to collect the data from different sources. The researcher will going to apply hypothesis test (Z test), central tendency, inferential statistics and dispersion, regression analysis for conducting this research. The primary and secondary both the data are necessary to conducting this research. To take the feedback from the employee some precise questionnaire will going to prepare by the researcher(Donner and Zou, 2011). To make the research qualitative some face-to-face interview will going to take by the researcher. All the data will be classified according to the variables. The researcher will apply some statistical analysis to attain the outcomes of this study. For this, the research will going to take total sample size of 100. 70 employees and 30 customers are included in this total sample size. The customer will going to tell the after implementing this system what quality services they will be provide by the organization. Data Analysis The researcher will going to use different charts, tabulations, graphs that will help the researcher to analyze the outcomes. The actual data and information that is going to help the researcher take some important decisions about the impact of employees work efficiency within the organization. Based upon the quantitative method the researcher will going to analyze the data and information that will going to help for conducting the research process. Interpretation of research outcomes Based on the research outcomes the organizations can increase their employees productivity and make the customer satisfied. To assess the needs and requirements of the employee within the organization an interpretation should be given clearly by the researcher so that the organizations can improve their business activities in the long-run(Bryman and Bell, 2011). Expected research outcomes The results of the research will help the organization to take some important decisions in the future. The important factors, numerical analysis of the survey that will be taken from the customer and the employee that will going to be included. Whether any other aspects are there that are preventing the organization to implement this system will be going to disclose. After the research process it will be very easy to understand the reason behind the employees productivity in the organization. The z test will specify the outcomes that will help the organization to clearly understand their issues. The outcomes of this research will going to help the organizations to maintain a standardized processes within the organization. This research will help the organization to maintain the timeliness. Main Activities 1st- 3rd week 4th-6th Week 7th-8th week 9th-10th Week 12th Week 13th Week 14th Week Selection of Topics Literature-Review Research Methodologies Data-Collection Method (primary) à ¯Ã¢â‚¬Å¡Ã‚   Data Analysing Interpretation Findings Recommendations Conclusions Final Business Research (Capstone) Thesis Conclusion To conduct this particular study the researcher has mentioned the whole process in this particular study. In order to analyze the necessary issues that this research intends to focus on, the researcher is quite affirm that the application and the following strategies seem to be quite essential. Reference List Abugabah, Ahed, and Louis Sanzogni. "Enterprise resource planning (ERP) system in higher education: A literature review and implications."International Journal of Human and Social Sciences5.6 (2010): 395-399. Beheshti, Hooshang M., and Cyrus M. Beheshti. "Improving productivity and firm performance with enterprise resource planning."Enterprise Information Systems4.4 (2010): 445-472. Bryman, A. and Bell, E. (2011). Business research methods. Oxford: Oxford University Press. Donner, A. and Zou, G. (2011). Estimating Simultaneous Confidence Intervals for Multiple Contrasts of Proportions by the Method of Variance Estimates Recovery. Statistics in Biopharmaceutical Research, 3(2), pp.320-335. Gulati, P. M. (2012) Research Management: Fundamental Applied Research, Page 45, Global India Publications Pvt. Ltd. Hesse-Biber, S. N (2010) Mixed Methods Research: Merging Theory With Practice, 3 ed. New York: Guilford Publications Ifinedo, Princely, et al. "Relationships among ERP post-implementation success constructs: An analysis at the organizational level."Computers in Human Behavior26.5 (2010): 1136-1148. Leavy, P. and Hesse-Biber, S. N. (2010) The Practice of Qualitative Research. Page 253, 2nd ed. London: Sage Publications Momoh, A., R. Roy, and Essam Shehab. "Challenges in enterprise resource planning implementation: state-of-the-art."Business Process Management Journal16.4 (2010): 537-565. Morris, Michael G., and Viswanath Venkatesh. "Job characteristics and job satisfaction: understanding the role of enterprise resource."Management Information Systems Quarterly34.1 (2010): 9. Nieves, V., Wang, J. and Bras, R. (2011). Statistics of multifractal processes using the maximum entropy method. Geophys. Res. Lett., 38(17), p.n/a-n/a. Qutaishat, Fadi Taher, et al. "The effect of erp successful implementation on employees' productivity, service quality and innovation: An empirical study in telecommunication sector in jordan."International Journal of Business and Management7.19 (2012): p45. Rachev, S., Klebanov, L., Stoyanov, S. and Fabozzi, F. (2013). The Methods of Distances in the Theory of Probability and Statistics. New York, NY: Springer New York. Song, Y., Sun, Z. and Gu, F. (2011). Damage Alarming Method Based on Statistics to a Benchmark Structure. AMR, 368-373, pp.2299-2302. Venkatesh, Viswanath, Hillol Bala, and Tracy Ann Sykes. "Impacts of information and communication technology implementations on employees' jobs in service organizations in India: a multià ¢Ã¢â€š ¬Ã‚ method longitudinal field study."Production and Operations Management19.5 (2010): 591-613.

Benefits Of Having A Stakeholder In The Company †Free Samples

Question: Discuss about the Benefits Of Having A Stakeholder In The Company. Answer: Introduction The report talks about thestakeholders relationship management and its influence on management decision-making. It explains that how stakeholders help an organization to achieve long-term growth and success. The report talks about the importance and function of the stakeholders in the company. The report presents an example of an Australian company, Caltex. Through the example of Caltex, the features, responsibilities and the working of the stakeholders are explained in the report. The report explains that how the different types of stakeholders provide support for the betterment of the company as well as society. It tells that how stakeholders important for the company success and growth. It shows the relationship between stakeholders and themanagement of the company. The advantages and disadvantages of the relationship management have been explained in the report. The good and bad relationship with the management is also explained. Further, the report describes the multi- advocacy of the relationship management. The report tells about the responsibilities of the stakeholders towards the company and it also explains the company attitude towards the stakeholder. The report explains that there should be a good relationship between company and stakeholders because Stakeholder is responsible for controlling and monitoring the financial activities of the company. No firm can run the business without a stakeholder. A stakeholder solves the entire problems that are faced by the company due to the finance. The company decisions can be affected by the presence of stakeholders. It explains that how stakeholders help and guide to the company for taking investment decisions. Further, Caltex Company of Australia has been taken as the example in the report. Caltex is a lubricant, fuels and Oil Company. It was founded in 1936 in Australia. The company has a good reputation in this country. It is expanding its business activities and operations with effective stakeholders pol icies. The stakeholders of the company are experienced and professionals and well qualified. The growth of the company mainly depends on the strategies are made by the stakeholders of the firm (Bryson, Patton Bowman, 2011). Stakeholder The stakeholders are responsible for maintaining and controlling the monetary transactions of the company. A stakeholder of any company deals withholding of the shares. They are also responsible for the growth and success of the firm. A stakeholder solves the problem that is faced by the firm due to finance. The stakeholders presence can affect the organization and it can also be affected by the companys decision (Hrisch, Freeman and Schaltegger, 2014). They invest the money on the behalf of the firm. They serve as a guide to the organization and the market. The Company depends on stakeholders in order to gain long-term growth and success in the business. It is a moral duty of the company to trust the stakeholder. Further, it is the responsibility of a stakeholder to be loyal, faithful towards the company. The stakeholders must be aware of the confidentiality of the firm and they should not share the important information of the company with other persons. A stakeholder is responsibl e for managing and monitoring the decisions of the company that is related to the finance (Beringer, Jonas Kock, 2013). They should take effective decision to gain the competitive advantages in near future. The stakeholder is accountable for forming and taking good and effective decisions of the association. It helps to maintain a positive relationship with the company. The management should also share every information with its stakeholders. This will make easier for them to take efficient and effective decisions in the firm. A proper relationship among the employees of the organization and stakeholders will lead the company towards success and growth in the market. It is the responsibility of stakeholders to fulfill the expectations and needs of the company (Manetti Toccafondi, 2012). They should analyze the external environment of the market to gain the long-term advantages in the firm. In this way, they can evaluate and analyze the changing market conditions and environment. F or example Caltex company of Australia maintains the significant relationship with its stakeholders. The company regularly provides relevant information to its stakeholders. It maintains trust, faith, and loyalty among its stakeholders. This will help to the firm to attain the long-term goals and objectives of the firm. It is the well-known and popular company in the market (Pondeville, Swaen De Rong, 2013). The goodwill of the company is excellent due to effective stakeholders policies. The Stakeholders of the company are aware of the history and the future strategies that were followed and will be followed by the company. This builds a strong relationship between them. Caltex has good relations with the investors. This allows other company investors to understand the business, the management and other aspects of the company. The Caltex maintains a good and effective relationship with their stakeholders. They fulfill entire expectations, needs, and requirements of the stakeholders . In this way, the firm provides various benefits to the company (Ackermann and Eden, 2011). General External Environment General External Environment factors affect the ability and potential of the business to perform the task outside of the company. The company needs to manipulate the external elements to gain the benefits in near future. The general external elements are set to know and analyze the market strategies so that the company can set its own according to their marketing needs and requirements. The Company makes an effective plan with the help of stakeholders. The firm at every stage is supported by the stakeholders either internally or externally. They allow the company to meet the requirements of the outside environments. They take care about the outside entities such as customers, clients, market etc (Edelenbos, van Buuren and van Schie, 2011). Types of Stakeholders Project Management Stakeholders These stakeholders are responsible for taking a project from different clients and planning strategies to do work effectively and efficiently. They manage and evaluate the projects on behalf of the firm. Their aim is to achieve the goal and objectives that are set by the company. There could be success and failure in the project. It depends upon the way through which stakeholders perform the functions. The stakeholders must have a proper and enough knowledge about the project in order to meet the long-term growth and success of the company. It is important for the stakeholders to work on the assigned project firmly and professionally (Crilly Sloan, 2012). Primary and Secondary Stakeholders The Primary stakeholders are end users of the firm who takes interest only in the success of the business. They only focus on the companys growth and success. They only take care about the results and outcome of the firm. They do not show any interest in knowing the functioning of the business. The primary aim of the primary stakeholder is to check the companys growth and business activities. Primary stakeholders include project managers, project sponsors, and team members (Beringer, Jonas Kock, 2013). Secondary Stakeholders are responsible for completing the project. They are not the end users of the firm. They are responsible for managing the project, searching sponsors for the project and contacting the investors. They also work for the growth and success of the association. They focus on the business activities and operation of the firm. The aim of the secondary stakeholders is same as the primary stakeholders. Lack of communication and coordination is the major concern between the primary and secondary stakeholders. As a result, it reduces the companys reputation and goodwill in the market (Vasi King, 2012). Internal and External Stakeholders Internal stakeholders are responsible for developing the project. They function inside the companys environment. They have to check and analyze the criteria and strategies which would need to be followed by the company. They search the project sponsors and investors to invest the money (Turner Zolin, 2012). They check the performance of the work and make plans and strategies and solving the issues in a team. They have to ensure that project should be efficient and effective. They should the goals and objectives. External Stakeholders such as vendors and salespersons are responsible for making the product to reach the maximum number of people in the market. They are concerned and worried about the societal demands and works to fulfill these demands. They work for the welfare of the firm as well as society. They are responsible for market growth and success by reaching the number of customers. They supply the essential elements of the society and company. The growth and progress of th e company are dependent upon the supply of the product in the market. Direct and Indirect Stakeholders Direct stakeholders check and evaluate the day to day workings of the business. They are responsible for managing the project on a daily basis. They work on every new project on each day. The main objective of the direct stakeholders is to achieve the target that is set by the firm. They directly meet with the company project criteria. On the other hand, Indirect Stakeholders are not responsible for managing the project. They are not affected by the working, customers or the end users. Results and outcomes are a major concern for indirect stakeholders as like the primary stakeholders. They do not indulge in managing the things during the project but they are interested in knowing about the success of the business. They focus on the various kinds of projects. Specific External Environment Specific External Environment allows the company to trade outside. The organization conducts its business outside the firm for a specific purpose. These specific external forces are directly responsible for achieving the desired goal. It is the set only to achieve the specified target and goals. Every organization has a unique target and goals. They work on a single body. The targets of the companies differ according to the changing environmental conditions. The important entities of specific external environment include customers, clients, suppliers, competitors etc. Types of Specific Stakeholders Customers and Clients The Customers or clients are those entities of the organization who purchase the products of the company. They are individuals who use the services offered by the company, but with the changing trends of the day to day life, the tastes and preferences of the customers are also changing. This will become the reason of growth and success of the organization. Customers keep on the changing their lifestyle according to the environmental conditions which makes it difficult for the company to remain stable at one point. They have to think about the various different ideas to bring to the society which will provoke them to keep buying their products. The Company has to meet the changing demands of the firm to maintain its growth and success of the firm (Yang et al, 2011). Suppliers Suppliers are those entities of the company who is responsible for maintaining a proper record for the amount of product that has been supplied and the amount of product which has been left in a stock. The more supply of the product will generate the more profit for the firm. The ultimate aim of any organization is to attain profits and revenue of the company. These suppliers help them in achieving target and goals effectively and efficiently. They should have the power to convince people to buy their products in the market. The Supplier has to be aware of a number of products that have been supplied to the company as per the demands of the market. The demand of the products increases the suppliers in the market. Thus, they play a vital role in success and growth of the firm (Nguyen Mutum, 2012). Lenders Lenders are the individuals who lend money or fulfill the requirements and expectations of the company. The lender of any company is generally fixed by the firm. They help the company to achieve its target and objectives by providing human resources to them (Lee, Olson and Trimi, 2012). Creditors Creditors are the people who take resources in terms of money by the company. The firm gives them the credit to gain and achieve the name in the market. Debtors Debtors are the people who give money to the company to flourish and expand its business in the society (Bridoux Stoelhorst, 2014). Employees Employees are the labor of the organization. The common goal of every employee is to achieve the target set by the company. Employees should be aware of the work being done in the company and the strategy being followed by other members of the organization in order to meet the goals and objectives of the firm. A company cannot run the business without efficient and effective employees (Hollensen, 2015). Shareholders Shareholders are those individuals of the business who purchase and sell shares on the behalf of the company (Mason and Simmons, 2014). Relationship Management A stakeholder is a group which shows interest in the working of the organization. They have direct and indirect interest in the business. The group may include the government, society, individual or any other company and media. The influence of such entities in the business allows the stakeholders to operate the business effectively and efficiently. Relationship management makes plans and strategies to attract the more customers in the market. In this way, they help to increase the sale of the company (Kumar Reinartz, 2012). They check for the profitability and the performance of the company as well as employees. The interaction with such stakeholders is important for the firm. They easily solve the related issues that are responsible for the success and growth of the business. The aim of stakeholder relationship management is to check the attitude, decisions, functions, and actions of the stakeholders for the benefit of themselves as well as the company. This relationship managemen t allows the stakeholders to gain the benefits from the business. This helps to build and develop the trust among the firm and the stakeholders who put efforts to make the position of the company on the top level. The relationship should be a strong and trustworthy (Lidskog, Sundqvist, Kall, Sandin Larsson, 2013). The management should also share all the information with its stakeholders. This will become easier for them to make efficient decisions. A proper relationship among the employees of the organization and stakeholders will lead the company towards success and growth in the market. It is the responsibility of stakeholders to stand on the expectations and needs of the company. They check and analyze the market conditions and environment (Bourne, 2016). Importance of Relationship Management It is very important to have an effective relationship with the stakeholders. It helps to resolve the difficult matters that are faced by the organization. Through the influence of stakeholders, the organization has a relief about the working on the financial matters. The performance of the organization is checked by the relationship management in order gain the progress and growth in the market (Rozanski and Woods, 2011). This results in good relations with the stakeholders as their main aim of accomplishment is done by the stakeholders. They gain the attention and support of the business. They generally focus on the attitude or behavior of the stakeholders towards the company, thus various important decisions are taken by the stakeholders. The stakeholders must inculcate the knowledge about the business or it will result in bad results. The Company can use the opinion of the stakeholders to work on the project (Mellahi, Frynas, Sun and Siegel, 2016). This is done to achieve the tar get and goals as soon as possible. This will improve the quality of the project and the company will also come to know about the stakeholders towards the business. It is important to take support from the powerful stakeholders. This will help the firm to gain more resources in the market. This will make the strong and effective relationship between the two entities; this will make the project more qualitative. Communicating with stakeholders time to time will ensure them about the project that company is working on these projects properly or not. They will suggest more good criteria for doing the project. This will also ensure the motivation of stakeholders towards the firm. The Company can know about the reaction of public towards the project. This will allow them to make effective strategies and plans for the success of the firm (Alt, Dez-de-Castro Llorns-Montes, 2015). In a company, a stakeholder is usually an investor. The actions of the stakeholders towards the company depend upon the type of decisions are made by them. It is not necessary for them to hold equity shares in the business. They can also behave like the other employees working for the firm. They only focus on the success and growth of the company. They can work for the overall firm. Their interference in every management is accepted as it is beneficial. They can run the company as partners also. A stakeholder plays different roles in the firm. The role of stakeholder is very crucial as her decisions are effective and transform the growth of the company (Eden Ackermann, 2013). The importance of stakeholder relationship in an organization results in good outcomes and results. This develops an interest in stakeholders to work for the firm to achieve the target. The relationship management of stakeholders also helps in making managerial decisions and a strong relationship with the manag ers also. It gives the managers a chance to show their ability to work and handling the responsibility of the firm. This improves the relationship of the managers towards the stakeholders and maintains the relationship for a long term. The Stakeholder relationship plays a vital role in every company. Relationship management of a stakeholder has various significance (Smith, 2013). It is important for making decisions, it works as a managing director, it serves as an investor which is very important for the firm (Beringer, Jonas Kock, 2013). Decision Making The most important task for the stakeholders is making decisions that should be in favor of the company. The stakeholders have the power to make or implement new ideas while working on any project. But it is also important to listen to the opinion of other members of the firm and then to make decisions keeping in mind all the suggestions. The decision made by the stakeholders should be efficient as the future of the company. They strategies planned by them results in good outcomes (Gonzlez-Benito, Lannelongue Queiruga, 2011). Direct Management Direct stakeholders have to check the day to day workings of the business. They are responsible for managing the project on a daily basis. They work on every new project each day. Their target for doing the amount of work is set which they have to achieve. They directly meet with the company project criteria. The approach used by the board of directors and stakeholders differ in many cases. The Stakeholders can work for the human resource department to gain the long-term goals and objectives. They can directly participate in any project and can share their opinion and ideas (Fernandez-Feijoo, Romero Ruiz, 2014). Investors The Stakeholders are described as the inventors of the company. They maximize or minimize the stakes in the company according to the finance needed. They act as a supreme power for the organization. They observe the financial report to check the progress of the firm. Since they are responsible for the growth of the company, it is their duty to invest in the business to fulfill the demands of the customers (Murillo-Luna, Garcs-Ayerbe Rivera-Torres, 2011). Corporate Conscience The stakeholders of large companies are highly respected. They have the power to shut down companies who do work according to the societal needs and also who violets the law. They check the overall functioning of the company and take effective actions for wrong decision-making activities. They are concerned about the companys long-term goals. The corporate and communicate with the company and implement laws required for running the business effectively and efficiently (Lovejoy, Waters Saxton, 2012). Advantages of good relationship management Identify material risks and opportunities- The Stakeholders are professionals who can easily identify the risks that prevail in the society. They are ware about the opportunities that company can get in the near future. They research about the opportunity before taking it. They have a proper planning for every project. It helps to reduce the risk and threats of the firm. Before getting into any opportunity stakeholders first identify and analyze it thoroughly and then allow the company to operate on the opportunity (Boxall Purcell, 2011). Obtain input for organizational priorities and activities Stakeholders duty is to give the effective suggestions on the project. They find solutions for organizations priorities and activities. The inputs given by the stakeholders increase the performance of the business. They give a relevant solution which is also accepted by the company. They give importance to the business work because their main aim is to take long-term benefits and to meet the goals and objectives (Innes Booher, 2012). Provide feedback on progress towards a more sustainable future Stakeholders serve as a guide to the company. Due to their effective decision-making power, they are able to flourish and expand in the market. They are able to make good relationship with customers which results in positive feedbacks. The feedback of the customers motivates the company for achieving sustainable future. For example, Caltex company of Australia has trusted stakeholders. They are professionals who identify the risks and gives solutions to avoid those risks. The company has employees who bring the feedback of the customers to make development in future (Neubaum, Dibrell Craig, 2012). Disadvantages of relationship management Pool knowledge, experience and co-create solutions that address societal, industry and business issues. Stakeholders are experienced and professional people. They have plenty of knowledge about the field of business. Therefore, the solutions they give makes the company confused. It becomes hard to choose the relevant solution, hence it is very time consuming (Chan, Watson Woodliff, 2014). Developing a new product and launching it in the market is very difficult task. There has to be a proper strategic plan to make the product reach many people. Due to the dynamic environment, customers demand new product is frequent changes which results in the development of new product (David, O'Brien, Yoshikawa Delios, 2010). Build collaborative partnerships and relationships that contribute to value creation (profitability) in the company. It is not so easy to build collaborations with different companies. The relationship should be profitable. One should choose the company whom they want to collaborate wisely. For example: In a company like Caltex, it is important to collaborate with other companies for expansion. This is the difficult task. They have to search about the profits earned by each company but it is a very difficult task (Vargo, 2011). Multi- advocacy approach to stakeholder relationship management There has been a fast evolution in the stakeholder relationship through the multi-advocacy. However, the development of multi-stakeholder advocacy is still at a lower level including the investors and the analyst who is responsible for functioning the business. The advocacy states that various organizations tie up, make effective decisions, change policy and work towards achieving the goal and objectives together. The multi advocacy of stakeholder survey and take interviews of the selected organizations before coming together. The goal of the multi advocacy stakeholders is to work jointly with all the other companies effectively (Ellis Sheridan, 2014). There are unique methods of developing the relationship between the stakeholders and the companies are such as: Assessing Mature and Emergent Advocacy Fields, Machine Learning, and Dashboard Tracking. The advocacies between the different companies have resulted in the strategic decision-making, priding meaningful information and have generated evidence towards the loyalty of these multi-stakeholders relationships towards the business. The Multi-stakeholder advocacy is aimed at sharing the goals with the well-coordinated team. The advocacy efforts of the stakeholders of different companies are focused on a particular goal and objective. They have the same target. The decisions made to achieve the goals show the thinking of the stakeholders. Stakeholders show interest in achieving the common organizational goals. They facilitate the policy framework of the firm. Their decisions are important for the firm which results in changes in the environment. Stakeholders manage these changes for sustainable development in future. The aim of stakeholder relationship management is to check the attitude, decisions, and actions of the stakeholders for the benefit of themselves as well as the company. The advocacies of stakeholder relationship management have proven the growth for the company in the coming future. These advocaci es have resulted in the development of the economy. The stakeholders decisions have the power to change companys environment (Gosselin et al, 2014). Conclusion The report the stakeholders relationship management and its influence on management decision-making. It describes the functions, roles, and significance of stakeholders in order to meet the goals and objectives. It also describes relationship management, its importance, its advantages, and disadvantages. It explains that the stakeholder is the one very important entity of the business. They are interested in serving the company its required resources. A stakeholder solves the problem that company faces due to financing. His presence can affect the company and also can be affected by the companys decision. He tells the company where to invest. He serves as a guide to the organization and the market. The Company depends on stakeholders for the growth of the business (Bingham, Dyer, Smith and Adams, 2011). It is a moral duty of the company to trust the stakeholder and responsibility of a stakeholder to be loyal towards the company. The report suggests the relationship with various other entities that stakeholder holds. The influence of such entities in the business allows the stakeholders to operate into business. Relationship management is something which plans strategies in a way that it binds the customer to keep buying the product. They check for the profitability and the performance of a long time. The interaction with such stakeholders is important. They easily solve the related issues that are responsible for affecting the growth of business (Keller and Price, 2011). 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