Question: Ethically, the Shareholder Model differs from the Stakeholder Model in what important way? a . Shareholder Model: a business is private property for the owners,
Ethically, the Shareholder Model differs from the Stakeholder Model in what important way?
a
Shareholder Model: a business is private property for the owners, and all employees must fulfill their sole responsibility to make as much money as possible for the owners versus Stakeholder Model: businesses create value through the cooperation of both internal and external stakeholders
b
All of the above
c
Shareholder Model: profit maximization is the only goal versus Stakeholder Model: consideration of all stakeholders must drive business decisions
d
None of the above
e
Shareholder Model: Business owners have sole authority to decide how to use their profits versus Stakeholder Model: managers are ethically obligated to create as much value for stakeholders not just shareholders as possible
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