BusinessIt is not easy to balance the needs of stakeholders. In order to best achieve this balance Shell recognizes five areas of responsibility: to shareholders, customers, employees, suppliers and society. Business case studies.co.uk (Link: http://businesscasestudies.co.uk/shell/balancing-stakeholder-needs/conclusion.html) Task 2: (Task 2 meets learning outcome 1.2 describe the extent to which an organisation meets the objectives of different stakeholders and learning outcome 1.3 explain the responsibilities of an organisation and strategies employed to meet them.) The traditional view of private sector business is that the major purpose or objective of an organisation is to make profits for the owners. Stakeholder theory, which started to gain acceptance in the early 1980s, suggests that businesses objectives have expanded from this traditional view to include responsibilities to a much wider range of groups within society. The concept has evolved from this into theories on Corporate Social Responsibility (CSR). 1. Describe the extent to which the Shell organisation meets the objectives of the following different stakeholders:- a. Owners b. Employees c. Environmental groups d. Government Your answer will need to include a brief summary of the main objectives of each of these stakeholders as well as the various ways that the Shell organisation meets these objectives.2. In relation to the following topics, explain the responsibilities that the Shell organisation has and the strategies they employ to meet these responsibilities:- a. Employees i. health and safety ii. equal opportunities b. Ethical issues i. pollution ii. global warming In 1993, Novell claimed that Microsoft was blocking its competitors out of the market through anti-competitive practices. The complaint centred on the license practices at the time which required royalties from each computer sold by a supplier of Microsofts operating system, whether or not the unit actually contained the Windows operating system. In March 2004, the EU ordered Microsoft to pay 497 million, the largest fine ever handed out by the EU at the time, in addition to the previous penalties, which included 120 days to divulge the server information and 90 days to produce a version of Windows without Windows Media Player. European Union Microsoft competition case (http://en.wikipedia.org/wiki/European_Union_Microsoft_competition_case) Task 3: (Task 3 meets learning outcome

1. Why am I studying for an MBA?
2. With detail, specify five goals you expect to achieve while studying for the MBA.