Stakeholder: what are they and how do they relate to a hospital?
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What is a stakeholder? Who are the stakeholders relative to a hospital organization? Why is it important to consider each of these stakeholders in the ethical reasoning process? What are the business implications of treating these stakeholders unethically?
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Solution Summary
This solution explains what a stakeholder in the context of hospitals and relates them to ethical questions.
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A stakeholder is someone who is impacted by a decision that is made by a certain company in some way. This could include the customer, the employee or people in the community who are influenced by the air quality or by the social governance of the organization. Stakeholders also include the stockholders of the organization who are impacted when the organization does well or poorly in terms ...
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