PHI 445 - Wk2 Assgn. - reflect the needs and desires of its...

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Case Study 4: A South African Investment In your judgment, does the management of a company have any responsibilities (i.e. duties) beyond ensuring a high return for its stockholders? Should the management of a company look primarily to the law and to the rate of return on its investment as the ultimate criteria for deciding what investments it should make? Why or why not? The management of a company has a multitude of responsibilities; responsibilities that
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Unformatted text preview: reflect the needs and desires of its stakeholders, both internally and externally, as well as its stakeholders Internal stakeholders include employees and owners, and external stakeholders include customers, shareholders, creditors, government, suppliers, and society. Stockholders take interest in a company and invest money and time in order to see the company grow....
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This note was uploaded on 08/29/2011 for the course BUSINESS 101 taught by Professor All during the Spring '11 term at Ashford University.

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