Question: Answer this question fully, in short answer format. type your answer please Chapters 13 and 14: When did a corporation prioritize the needs of stakeholders

Answer this question fully, in short answer format. type your answer please

Chapters 13 and 14: When did a corporation prioritize the needs of stakeholders over the needs of shareholders alone?

1-Name a company that has developed a corporate policy that is intended to benefit all stakeholders, not just the corporation's shareholders. 2-What exactly was this policy? How was this policy intended to benefit the corporation's stakeholders? 3-Will this policy be beneficial to the company? Would a policy that prioritizes the interests of the shareholders be preferable in this situation? If so, why or why not? 4-Which business model do you think a corporation should follow, and why? Should only one model be used, or should a combination of the two be used?

There is an internal conflict in modern corporations about who the corporation is supposed to benefit. There were two schools of thought that emerged, and both are still used as viable beliefs today. The shareholder primacy model is one such belief. According to this model, a corporation should be run primarily or exclusively for the benefit of its shareholders. The stakeholder model is the other model. This is the belief that a corporation should be run for the benefit of all of its stakeholders, with no group having precedence in decision making.

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