Thursday, 5 January 2012

Why do business' only pay careful attention to their shareholders rather than their stakeholders?

- improving tge quality of life for employees is not the firms responsibility and is likely to involve unsessesary training and better conditions
-depends what managers believe are importent
- A firm should not worry about the enviroment or the community unless the law says it has to, any changes in its production oricess are less likely to be importent.
- Shareholders are in their best interest as they are the ones providing and keeping the company running

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