Unformatted text preview: fering products and
services with the objectives of surviving, growing, and
serving the public while making a profit.
Business obtains resources and legitimacy from society,
and it is therefore responsible to it. This responsibility is
discharged through service to stakeholders.
All businesses run risks, a chance that a business will
not succeed and, therefore, lose its stakeholders their
resources and work. There is a positive correlation
between intelligent risk taking and control, and profit.
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This note was uploaded on 02/19/2014 for the course AEM 1200 taught by Professor Perez,p.d. during the Spring '06 term at Cornell.
- Spring '06