How many stakeholders does google have
Investors made a deal with founders and agreed to their super-voting status. So they need to accept it. And even if somebody became investor later, he knew in advance that this is a deal and that if they buy the stocks, this is what they are getting. It simply does not make sense to come years later, crying that it is not fair.
It was no secret and Alphabet is quite clear about that in their annual reports. If they would make decisions that have value for them personally but not for the other investors. And I am not talking about obvious illegal things like channeling money from Google to other companies under founders control. That is totally out of the line. The problem might also be if founders use Alphabet as a playground for their pet projects, which has no financial value for other shareholders.
However, founders might have an excellent counter-argument. To sum up, we need to accept Alphabet Inc as it is. Disclaimer: Although I use third party trademarks and logos in this article and its visuals, kamilfranek.
The article offers key takeaways and visualizations of the income statement, Kamil Franek Business analytics professional. Alphabet Inc has currently three classes of shares outstanding: use the table?!!!
Publicly traded with ticker GOOG. Schmidt 0 4 4 8 1. There are colorful fun exercise balls and bicycles for physical fitness in the hallways. Google receives 3 million applications annually and only higher about 0. Over all Google is more than generous when it comes to the treatment of their employees and promotes job low turnover Waggoner, Google has gained its popularity though the free services it provides all Google users.
Being a technology based company, replacing hardcopies with electronic documents saves the company money as well as the preservation of the environment.
Google has minimized the environmental impact of their services. Google is a young, expanding, and profitable company. The government is concerned and continually investigating Google because of its controversial monopoly in the search engine market and antitrust based on the selling of user information. The general public and government should be concerned that Google invests approximately two —thirds of its cash overseas to avoid tax laws in the United States. The advertisement customers that Google provides as their revenue generating services are given information tailored to view ads strategically and that makes Google more successful than other internet marketing company.
The shareholders of Google are mostly internal owners; no capital return programs have been established and all impacting votes are controlled by the internal shareholders only.
The employees are treated extremely well compared to companies across the globe. Google will continue to grow based on its business plan, which brilliantly manipulates the general public users into thinking they are getting services for free while they make billions by selling adverting companies the information they want without breaking any laws.
Google could treat the general public and government stakeholders better by improving user privacy and cease avoiding taxes. Primary Stakeholders of Google Inc Marketing. Accessed November 12, Download paper. Essay, Pages 6 words. Therefore, the customers have to choose between free services or customer privacy Beckstrom, Therefore, it is found that Google in spite of its cloud based risky services or consistently increasing cyber-attack has established itself as preparing effective non-breakable cloud transparent program in its value chain activities.
Moreover, the company can also implement security audits to check if its program or products are conducting security breach to the user privacy. The one of the most prominent strategy which is being followed by Google is to increase its core competency and user privacy in all of its services in internet market segment is deleting the user records after a specific time period.
Needless to say, Google is having superior advantage in its search engine business services which is playing very effective role in increasing the user privacy Tavani, The company has immense resources and infrastructure to develop technologies to establish user privacy and security.
The company should minimize the amount of information used by it and create robust security system to prevent any breach to happen. Moreover, the company should also make it clear the amount of information it is sharing with the third party users. However, the content and the amount of information shared by the company are not clearly mentioned.
It should work on updating its privacy policy so that no sensitive information of the customers is shared on the internet. It should also focus on developing products in which the consumers have the option to turn off certain privacy invading features according to their preference. With the finalization of the data privacy laws in the European Union and many other countries, the internet companies such as Google, Facebook and Twitter are concerned about heavy penalties.
Google use the information obtained from the search queries and interest of the customers and sell it to its customers. The newly imposed privacy laws will allow more control to the customers of their information.
In addition to the financial losses, the companies will also have to make changes in the manner they handle the customer data. The companies have to change the manner in which the customer data is collected, stored and shared with other companies. The changes in the data handling can impact the financial profits and its turnover in the long run. The financial impact of the privacy laws is also dependent upon the current level of the privacy safeguards that the company has implemented as well as the privacy risks that a company is willing to take in future.
In the case of Google, the company has been accused of deception and several breaches in the privacy laws. In the light of these new referendums, the company has to make some radical changes in its daily operations and key business practices to align with the new privacy laws Beck, The companies also suffer from potential loss to the brand image and the customer confidence, if a new security breach comes into light.
At present, there are significant numbers of customers who are concerned about the privacy controls of the company. Due to the newly arisen consumer awareness for the privacy and information security, many small web browsers have arisen who have created consumer privacy as their unique selling point USP.
Several privacy advocators state that the internet companies engage in the privacy violations wherein the user is unaware of them. Therefore, it is a serious security and privacy concern.
The users unknowingly reveal their location and interest and this information is used by company and sometimes by the unethical hackers for their personal benefit. The privacy options of Google do not allow them to opt out of this tracking feature and the company forcibly tracks their information Gilbert, However, laws and regulations against this feature will prevent the company to offer advertisers the ability to target their advertisements to the customers who desire them.
Snatching this feature away from Google will prevent the company to generate its revenue. Google is a leading multinational internet organization.
In the recent years, the company has emerged as the biggest internet company with technically advanced and easy to use product offerings. The most important product of the company is its search engine which is central to all internet activities. Google chrome holds maximum market share in the search engine market.
It is famous for providing highly accurate, relevant and fast results. The customers feed information in the search browser thinking that they information is shared only with the machine and themselves and reveal several aspects of their lives which they do not even share with their close friends and family members. The company also utilizes this information with the advertisers for more relevant advertisements. Google has implemented a strategy in which it protects the interest of all the stakeholders.
The major stakeholders of the company are its customers, government, employees and the community. It abides by the privacy law and controls the privacy of all the users. Along with it, the company is also trying to implement strategies to maintain its profitability without compromising the security of the users. Google is implementing a privacy statement which every user has to sign before using its products.
It has also increased its security systems so that no third party hackers use the information of the company. Beck, R. Law and Disciplinarity: Thinking Beyond Borders. Beckstrom, M. Bodogh, Z. Masaryk University Journal of Law and Technology 5 2 , pp. Gilbert, D. IB Times. Girard, B. Importance Of Customer Loyalty Businesses today focus on maintaining satisfied as well as loyal customers to ensure effectiveness in the midst of steep competition.
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Words: - Pages: 7. Google Case Study: Google Not knowing that it would lead to a lucrative and powerful business. Words: - Pages: 6. How Does Your Organization Still Affect Talent Management There are a lot of organizations in the market place that offer to their customers the same type of services that we offer to our customers. Related Topics. Ready To Get Started? Create Flashcards.
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