Are customers interests best served by profit-maximising firms, answerable primarily to shareholders, or by firms where various

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Are customers’ interests best served by profit-maximising firms, answerable primarily to shareholders, or by firms where various stakeholder groups are represented in decision taking?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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Question Posted: Apr 03, 2019 08:47 AM

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Are customers interests best served by profit-maximising firms, answerable primarily to shareholders, or by firms where various

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The answer depends on a the amount of competition faced by firms and b the degree to whic...View the full answer

Economics

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