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Topic: Business
Number of pages / Number of words: 5 / 1336
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In consequence the use of this theory is breaking principles in order to find the benefit of shareholder. Business today should make explicit commitments to uphold accepted values and goals, and to take account of the views and interests of a range of stakeholders, and also demonstrate through their actions that these commitments are genuine (Henderson, 2001)

On the other hand, the socio economic view or mainly called stakeholder theory, maintains the businesses are corporate citizens and like human citizens , they have the responsibilities to the society that creates and sustains them ...


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In consequence the use of this theory is breaking principles in order to find the benefit of shareholder. Business today should make explicit commitments to uphold accepted values and goals, and to take account of the views and interests of a range of stakeholders, and also demonstrate through their actions that these commitments are genuine (Henderson, 2001)

On the other hand, the socio economic view or mainly called stakeholder theory, maintains the businesses are corporate citizens and like human citizens , they have the responsibilities to the society that creates and sustains them ...


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General points of the essay

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