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Business and Society 14th Edition by Anne Lawrence,James Weber
Edition 14ISBN: 978-0078029479Business and Society 14th Edition by Anne Lawrence,James Weber
Edition 14ISBN: 978-0078029479 Exercise 1
What is the focal organization is this case, and what is the main issue it faces?
Explanation
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Focal organization refers to the organization from whose perspective stakeholder analysis is carried out.
In the mentioned case, the City A (City council) is the focal organisation because all the points are revolving around the city and how it will satisfy the needs of market and nonmarket stakeholders.
The central issue lies in the need of satisfying the market and nonmarket stakeholders.
Non-market stakeholders demand an affordable housing in the city for people who can't afford high rent apartments.
Market stakeholders have two different needs, as follows:
1. One of the groups that relates to resorts and entertainment parks "WD" demands that the designated area should be used for entertainment and themes parks only.
2. Another one demands to build apartments in the area to maximize the profit as well as use some of the units on affordable rents.
The issue is whether to allow construction of apartments in the resort district or not.
In the mentioned case, the City A (City council) is the focal organisation because all the points are revolving around the city and how it will satisfy the needs of market and nonmarket stakeholders.
The central issue lies in the need of satisfying the market and nonmarket stakeholders.
Non-market stakeholders demand an affordable housing in the city for people who can't afford high rent apartments.
Market stakeholders have two different needs, as follows:
1. One of the groups that relates to resorts and entertainment parks "WD" demands that the designated area should be used for entertainment and themes parks only.
2. Another one demands to build apartments in the area to maximize the profit as well as use some of the units on affordable rents.
The issue is whether to allow construction of apartments in the resort district or not.
Business and Society 14th Edition by Anne Lawrence,James Weber
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