Introduction to Information Systems Essay

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Engineering

Description

Read Chapter 4, Complete Discussion question 25 on page 124

Answer needs to be 3-5 paragraphs

Book: Introduction to Information Systems 3rd Edition. Wallace

Chapter 4: Databases and Data Warehouses

The question is:

Visit YouTube.com and search for "R. Edward Freeman Stakeholder Theory" to learn more about stakeholder groups. Are you a stakeholder at any of the following organizations? List several stakeholders at each of these organizations and describe the kind of information each stakeholder needs.

a. A university

b. A regional bank

c. Toyota Motor Corporation

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Explanation & Answer

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Running Head: INTRODUCTION TO INFORMATION SYSTEMS

Introduction to Information Systems
Student's Name
Institutional Affiliation

1

INTRODUCTION TO INFORMATION SYSTEMS

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The Stakeholder theory stresses firms' necessity to create connected relations amongst a
business and its clients, suppliers, staff, shareholders, communities, and others with a stake in the
company. Despite being not a stakeholder to any of the highlighted organizations, I concur with
Edward Freeman that significant firms endure through getting shareholder's interests aligned in
the same direction.
A university has five main stakeholders comprising students, researchers, industry,
community the university is in, and the faculty. University students are the primary stakeholders
and usually need to get information on the time that the instructors will dedicate to them and
their facilities' status to ensure they meet their needs. Faculty stakeholders are interested to know
the level of facilities and the university administrative support, the workload involved, faculty
leadership, recognition, and the job development opportunities (Wallace, 2015). The community
as a stakeholder is interested in gaining information on the university's existing link. Researchers
are interested in knowing the funds allocated for research, facilities, employment conditions, and
administrative support. At the same time, the industry as a stakeholder is concerned with
graduates' skills and knowledge from the university.
A regional bank usually comprises stakeholders such as investors and analysts, clients,
employees, suppliers, and the environment. The environment needs information on how the bank
reduces negative impacts on the environment and supports social projects. Suppliers are
interested in know...


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