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ISO Regulations On Stakeholders

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Impact of ISO Regulations on Stakeholders
In the present scenario, it has become important for the firms to follow ISO regulations for their long term survival as they provide technological, economic and societal benefits. In the present report, there will be discussion on the impact of ISO regulations on stakeholders and way in which ISO 14001 and AA1000 regulations protect the stakeholders. Along with that, example of this in the Kingdom of Saudi Arabia will also be explained.
Impact of ISO Regulations on Stakeholders (Future Investors, Local Stakeholders and Government)
In every organization, ISO regulations put a huge impact on its stakeholders. As employees are one of the major stakeholders of a business, these regulations play a significant role in keeping ensuring health and safety. Today, many CEO’s are aware about the ISO quality standard and its impact. Thus, they conduct their business with following all these standards so that occupational health and safety management systems can be handled.
Along with that, society is also a very important stakeholder of businesses which is highly impacted by the ISO regulations. It can be understood like when products and services are manufactures with International Standards, people become ensured about the quality, reliability and safety of products that ultimately leads to their …show more content…

AA1000 is a practice to make contribution in the performance management and accountability that improves the overall performance of firm by giving professional training to employees for the specialized application of core standard. In this way, it is satisfying the employees, society, government and future investors who will invest their money by seeing all these standards to be fulfilled by the

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