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Therefore, like individuals, they too cannot be judged by a simple measure of profit maximization. They are viewed not only as wealth-creators for their legal owners (their equity shareholders), but also as vehicles for enhancing both the local economic and influencing public policy. They are expected to meet the diverse expectations of all their stakeholders. While earning their profits, they must conduct themselves righteously, upholding social norms and keep in mind the well being of all their stakeholders. In the end, they must be perceived as having enriched all of society. If they have a multidimensional role, they cannot be judged in terms of a single measure...
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Common topics in this essay:
- BUSINESS AND SOCIETY, CORPORATE STRATEGY,
- Benetton'S Corporate Strategy
- Corporate Strategy
- Corporate Strategy
- Corporate Strategy
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- corporate strategy
- Dell Corporate Strategy
- Kmart Corporate Strategy
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