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In the contemporary era, the board of directors has to shoulder larger responsibilities so as to meet the increasing demands of the market place. Running a corporation only to earn profits for the shareholders is now an outdated concept. Nowadays, the corporate as a social entity, has to look beyond its shareholders, to embrace all stakeholders and to perform its ethical and social obligations to society through corporate governance practices.
(a) Differentiate between the terms ‘stakeholder' and ‘shareholder'.
(b) Discuss the basic principles of the ‘Shareholder Theory' and the ‘Stakeholder Theory'.
(c) Show the obligations that corporations have towards society at large
Define the departmental, long-term and non-economic managerial decisions. Departmental, Long-term and Non-Economic decisions: In long term decisions, there time period en
if you were one of the other foremen, what could you do to make rajinder?s transition easier?
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Just in time production is defined as philosophy that focuses attention on eliminating waste by purchasing or manufacturing just enough of the right items just in time It i
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