People become confused about basic libertiesrights that are equally distributedand other rights where people get various amounts,
Question:
People become confused about basic liberties—rights that are equally distributed—and other "rights" where people get various amounts, like education or health care. A difficult question for a community is how much of a given good each member of the community should have, regardless of their ability to pay.
To help us answer this question, we identify the least advantaged stakeholder. Then, we can use a balancing process to see how many resources the community should share with them (generally through paying taxes or charity) in order to give that stakeholder a fighting chance. For example, because education is so essential for success, we're willing to use our tax dollars to pay for it.
The next step of the process is to identify the least advantaged and the most advantaged stakeholders. Here, we consider how resources and power should be allocated.
For the purposes of this lens, advantage consists of access to knowledge, power, and financial resources. Remember to keep this analysis specific—you are not adding up the total knowledge or authority that a stakeholder has, only the knowledge or authority that they have in this situation.
From the list below, select the one stakeholder you believe to be the least advantaged. Of the primary stakeholders, who has the least amount of knowledge about the situation? Who has the fewest real choices in how to resolve the situation?
Then select the one stakeholder you believe is the most advantaged. Who knows the system and how to work within that system? Who has the most choices about how to respond to and resolve the situation? Leave all other stakeholders unchecked.
The Shareholders | |
Carson Nelson, Chief Executive Officer | |
You, Quality Control Manager | |
Elaine Shields, Operations Director | |
Judy Birch, Director of Public Relations | |
G-BioSport's international consumers |
Business Statistics A First Course
ISBN: 978-0321979018
7th edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan