Describe an Organization's Various Stakeholders and Their Different Interests

question 116

Essay

Describe an organization's various stakeholders and their different interests.Under what condition can the firm most easily satisfy all stakeholders? If the firm cannot satisfy all stakeholders, which ones must it satisfy in order to survive?

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Definitions:

Algorithmic Management

The use of computer algorithms and software to manage, direct, and evaluate work and employees, often associated with gig economy platforms and data-driven decision-making.

Technological Biases

Technological biases are inherent prejudices or inclinations in the design, development, and deployment of technology that reflect the values, beliefs, or interests of their creators, which may inadvertently or deliberately marginalize certain groups.

Data Analytics

The process of examining datasets to draw conclusions about the information they contain, increasingly using specialized systems and software for insights, trends, and decision-making.

Users Create Meaning

The concept that individuals or communities ascribe their own interpretations and values to media content or technological products.