Stakeholders
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Please answer each business management problem with a couple sentences:
Do you think that it is fair to expect companies to be responsible for their effects on stakeholders?
Should companies be really only responsible to their stockholders?
Why should companies be responsible to all stakeholders?
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Solution Summary
This posting helps with a business management problem. It discusses whether it is fair to expect companies to be responsible for their effects on stakeholders, whether companies should be responsible to their stakeholders, and why. The explanation is given in 290 words.
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1) Do you think that it is fair to expect companies to be responsible for their effects on stakeholders?
It is fair to expect companies to be responsible for the effects on stakeholders since a company is an organization that benefits from the work and capital of stakeholders, and therefore, they have to be give back the benefits for which these stakeholders invested in whatever way they invested. Thus, if a stockholder bought ...
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