Stakeholders International Business The business world has seen many evolutions over the centuries. One constant, however, remains that the central premise of business has always been to provide in a perceived need; whether this need has been somewhat created and artificially perceived, or manifests itself as an actual need. Businesses have also always had stakeholders. The way in which businesses have managed their relationships with stakeholders have, however, also significantly evolved.

Oprah Winfrey In a business world characterized by perpetual competition, business rivalry and other challenges, Oprah Winfrey has managed to build a business empire with various interests in the entertainment industry. In the process she has also managed to amass a sizable fortune. Though Oprah's success as an entrepreneur is hardly unique given the number of entrepreneurs who have over time scaled corporate heights, she continues to be seen as one

Jack Carlisle In the business world, and particularly in the context of big companies, change is often at the order of the day. The problem is, however, that change also incurs a large amount of uncertainty and conflict, not only among employees, but also between employees and their superiors. This could severely affect the way in which business is conducted, and has the potential to harm rather than promote effective business

Classic Airlines In today's competitive business world, few businesses would argue that it is vital to maintain a good relationship with current customers while working constantly to gain new ones. This is particularly so in the airline industry, where both environmental and corporate climate issues have created an environment in which increased profits have become a challenge. Hence, entities such as Classic Airlines (CA) have found themselves challenged to maintain a

Having this traditional silo-structured environment makes it very difficult to properly develop a curriculum surrounding service management. Because of this there is a significant gap that exists between the education received by business school graduates and the skills that they need to succeed in today's service heavy environment. Non-traditional Business Skills and Tactics Nontraditional business skills are often referred to as soft skills or people skills. These consist of the ability

In the case of Enron, upper-level executives went too far. By blatantly lying on numerous occasions about the value of their stock, participants like CEO Kenneth Lay overstepped the boundaries of utilitarian lying. Many studies have been conducted on the relationship between ethics and profitability in the business world. Studies indicate a "positive but not definitive" relationship between ethical behavior and financial success (Webley and More). Especially in the wake