Business Studies AS Level
Texas School Of Business
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Exam (elaborations)
Business Studies AS Level. Chap. 5 Revision Questions With 100% Correct Answers 2023 Update
Texas School Of Business
Business Studies AS Level
Distinguish between the shareholder concept and the stakeholder concept. - ANS-a) Shareholder Concept: An individual (also known as stockholder) that legally owns a share/stock in a public corporation. They are also owners of a limited company. They buy shares which represent part of a company. b) Stakeholder Concept The view that businesses and their managers have responsibilities to a wide range of groups, not just shareholders. Explain why a business might experience lower profits...
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