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Unformatted text preview: Though happy employees and customers are essential to any business, at the end of the people who take financial risk deserve to be the priority of executives. I agree with Milton Friedman’s view of things because the “stakeholders” overlooks the fact that the endgame of everything is to make money for the shareholders. Happy employees are more productive employees, thus executives should try to make them happy in-order to make them more productive and make more money. The only reason secondary stakeholders such as special interest groups are dealt with is to prevent them from affecting revenues and the shareholder’s profits. At the end of the day, every executive’s business decisions are made in the interests of earnings for the shareholders....
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This document was uploaded on 11/02/2011 for the course BUS 101 at Miami University.
- Spring '08