Question: 1. Explain the difference between the multi-fiduciary approach and the strategic approach to stakeholder management. Give an example to distinguish the two approaches. 2. Explain

1. Explain the difference between the multi-fiduciary approach and the strategic approach to stakeholder management. Give an example to distinguish the two approaches.

2. Explain why management has a fiduciary duty to shareholder but not other stakeholders in the firm

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