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BS Ethics EX 2 Q 9 - economic activity where resources are...

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BS Ethics, BBA 4751-04D James Tilley, Section II Exam, Q 9 In a company a stakeholder is someone who holds money or other property while its owner is being determined. When two persons bet on the outcome of a future event and have a third person act as the stakeholder, holding the items of value, they are both at stake until the event occurs. In basic terms it is the middle man that holds what ever is being wagered until the outcome is made clear. Stockholders are the individual or company that legally owns the shares of stock in a joint stock company. The stockholders and the shareholders cannot be the same due to conflict in interests. It would be morally and ethicaly wrong. A stockholder has a view that bussiness is an
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Unformatted text preview: economic activity where resources are gathered for the purpose to make a profit. A stakeholder view is large numbers of people orgnized in various ways while attempting to meet set goals. The first view of stakeholders is a description that can aid in understanding a company better than and through verified by a series of tests. The view can be used instrumentally by managers to provide daily guidance to running a company more efficiently. Lastly the view of being normative a way of dealing with different stakeholders in different ways to achieve a form of practical necessity....
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