Case study:
An international soft drink company has a signature soft drink that it sells all over the world. In India, the version of the soft drink complies with Indian food and health regulations, but is less healthy than the drink sold in the European market where the law is stricter. The soft drink company is obeying the law in India, but it is selling an inferior, less healthy product in a developing country.Questions to Answer For This Case Study:
1. Who are the stakeholders?
2. Which are the most important stakeholders (pick at least 3)
3. What are the stakes (rights, interest, ownership) of each of these stakeholder groups? 2) What attributes (power, legitimacy, urgency) do each of these stakeholder groups hold? What type of stakeholder does that make them (eg definitive, dormant, etc).
4. How might relationships among these stakeholders and other stakeholders have affected these attributes? 3) What economic, legal, ethical and philanthropic responsibilities does the company have to the stakeholder groups?
- 5. Based on your analysis in Q1-Q3, what specific action (involve, collaborate, monitor or defend) should the company take with each of your chosen stakeholder groups?Include These Texts In Your Citations:
- https://nbs.net/why-i-no-longer-believe-in-the-stakeholder-perspective/
- https://reason.com/2005/10/01/rethinking-the-social-responsi-2/
- www.businessnewsdaily.com/5537-how-to-be-ethical-leader.html
- https://hbr.org/2017/03/is-your-company-as-ethical-as-it-seems
