P&g There are a number of stakeholders in this situation. Procter & Gamble, Iams, their employees and their shareholders represent one set of stakeholders, oriented primarily towards defusing or deflecting the criticism in order to protect their market share, profits and shareholder value. The animals are another direct stakeholder, and they have little voice here. PETA's stakes are unclear. They position themselves as speaking for and defending the animals, but they might well have other motives. We know that PETA thrives on publicity, and seeks it out for a number of reasons. Consumers are a further stakeholder, as pet lovers are unlikely to be attracted to a pet food company known for cruelty to cats and dogs. Supply chain partners are stakeholders, and their interest falls somewhere in between the interests of the company and the interests of the consumers. Regulators are a stakeholder because there are laws governing the treatment of animals, and some of those laws might have been broken. Further, the media is a stakeholder. They...
The media loves a good controversy because it helps their organizations financially, and conversely the media hates a non-story.Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now