Identify the Various Stakeholders That the Red Cross, a Program

question 90

Essay

Identify the various stakeholders that the Red Cross, a program that provides support to victims of disaster, would want to be aware of in order to provide conscious marketing. Note that the Red Cross is a nonprofit program that is not funded by the government but by donor support. It does, however, run under a Congressional charter meaning that it does run tasks as assigned to it by the government.

---

Definitions:

Unavoidable Waste

Waste that cannot be reduced or eliminated during the production process due to inherent limitations or efficiency constraints.

Unexpected Spoilage

Loss or waste of materials, products, or resources that occurs unexpectedly during the production process and is not a part of planned spoilage.

Normal Spoilage

Normal spoilage refers to the expected amount of waste or loss of materials during a production process, considered as a usual and unavoidable cost of doing business.

Unfavorable Variance

A situation where actual costs exceed budgeted or expected costs, often indicating poorer than expected financial performance.