affordable and desirable to customers, and compensate employees all while turning a profit. By doing this I am creating the greatest amount of happiness for the greatest amount of people. Another important stakeholder group I would represent would be my employees. I have been able to work in a corporation in which employees were simply used as a means to another end and we knew it. The effects were devastating to that particular corporation. It is imperative that as a manager you give your employees a feeling of self-worth and that what they are doing is an integral part of corporations success. Without that, employee morale is non-existent. As a manager I would strongly represent my employees interests. Their efficiency, enthusiasm, and morale play a crucial role in the corporations success. I would protect their interests by rewarding them for their performance and offer profit sharing programs so that they too can feel part of something greater than a nine to five job that pays the bills. I take a utilitarian stance to provide support to employees interests. When employees feel they are valued and realize they will benefit from the companys success they will work harder and more efficiently; in turn, raising profits, shareholder return, and customer satisfaction. This again will create the greatest amount of happiness for the greatest amount of people. The final group of stakeholders whose interests I would represent would be those of the community in which the corporation operates. More times than not, the community existed long before the corporation showed up. This is a concept that the manager must take into consideration before making any decisions. The community has rights just as any other stakeholder group. One good example, which goes on quite frequently today, is when corporations locate themselves in low income, poverty stricken areas to minimize production costs. Many times, the communities and its citizens are simply use...
