Ethics Week 4 - Who Matters (2017_04_26 23_09_06 UTC)

Ethics Week 4 - Who Matters (2017_04_26 23_09_06 UTC) - Jan...

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Week 4-Chapter 3 Jan. 25 th /2016 Who Matters? p.58 Agent Neutral vs. Agent-relative Who matters? -agent: expert contracted to complete a certain task -principals: group hiring the agent -fiduciary: an agent whose principals have also provided the resources for completing the required task(s) *Not all agents are fiduciary, all fiduciaries are agents Agent responsibilities + tools that belong to your employers = fiduciary obligations -Basic idea is to create value for shareholders through business activity -doing business is about changing how things are done for the better -if you’re not changing, you are dying in business
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