What is meant by stakeholder theory


Assignment:

  1. Achieving and maintaining an ethical business corporation is a laudable but difficult task. What are some of the obstacles that a corporation faces, by its very nature, in seeking an ethical culture?
  2. What is meant by stakeholder theory and who are the stakeholders of a corporation?
  3. Why is there a need to have a uniformity of law in certain areas and what are the two ways in which uniformity of law can be attained?

 

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Business Management: What is meant by stakeholder theory
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