Global Business Management: Stakeholder Management and Sustainability

Running head: GLOBAL BUSINESS MANAGEMENT
Global business management
Name of the student
Name of the university
Author Note:

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GLOBAL BUSINESS MANAGEMENT
Table of Contents
Introduction......................................................................................................................................3
Part 1................................................................................................................................................3
Efforts of Levi Strauss to reduce Problems.....................................................................................3
Part 2................................................................................................................................................4
Other People and Factors Involved..................................................................................................4
Stakeholders and their impact..........................................................................................................4
Part 3................................................................................................................................................5
Incentives link with goals of Sustainability.....................................................................................5
Conclusion.......................................................................................................................................5
References........................................................................................................................................6

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GLOBAL BUSINESS MANAGEMENT
Introduction
The main aims of the following report are to identify the different elements of the
management of the global business. The main aims of the report are to identify the different
practices that are undertaken by the management of the organization to manage the stakeholders
and establish a set of ethical standards for the management of a proper and effective workplace.
Part 1
Efforts of Levi Strauss to reduce Problems
To avoid the kind of disaster that happened in Bangladesh. The mentioned company can
start by tightening their environmental, labor and safety standards of their factories (Laudon,
2015). A corporate culture needs to be created where there are different kinds of ethical codes of
conduct in place and different forms of basic human rights (Binder, 2016). With the creation of
the different forms of reward programs the management of these companies ensures to create
high forms of ethical standards. The creation of such kind of high ethical standards helps the
organization as well as the employees to reap high benefits. Apart from this the management of
the companies also looks up to the safety and security standards and poor conditions in the
factory that helps them to avoid any forms of disaster in the workplace. The MNC’s like the one
mentioned in this chapter often have a tendency to shift their different producing units to the
developing countries and make the most of the lenient labor laws, lenient business regulations
and many other similar such factors that helps in the4 cheap production and an increase in the
business profitability. For the positive incentives to work the management of Levi Strauss, has a
number of positive incentives to work, a clear understanding of the different works and the