Business Studies AS Level
Texas School Of Business
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Business Studies AS Level. Chap. 5 Revision Questions With 100% Correct Answers 2023 Update
- Exam (elaborations) • 2 pages • 2023
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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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