Organizations exist because of their ability to create value and acceptable outcomes for stakeholders. Describe and explain how organizations create value and influence stakeholders. What is the role of entrepreneurship in this process?
Organizations create value and acceptable outcome for their stakeholders. Consider a commercial firm, it produces products or services for its customers, the product/service provides value to its customers. From its revenues it gives salaries to its employees and so creates value for its employees. From its earnings, the firm gives profits/dividends to ...
The solution looks at Organisational Theory in depth to answer the question of how an entrepreneur can capitalise on environmental opportunities and resources to influence their stakeholders. Includes 185 words and references.