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Ethics
FINAL ACTIVITY
1.
Stockholder Stakeholder
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Social contract
- Regardless of whether they
- argues that businesses exist
own stock in the company, a
with the permission of society,
stakeholder is anyone who is
so long as the business acts in
affected by the actions made
ways that benefit society. Social
by that organization or
contract theorists believe that a
corporation. Those who have
business should make decisions
purchased shares in a firm and
and structure their operations in
thereby have a portion of its
ways that offer the maximum
ownership are known as
benefit to society.
shareholders. Regardless of
the situation, paying attention
to stakeholders strengthens .
Stage 1: Social contract (example) The norms and sanctions that students
and teachers jointly establish in the classroom are known as social
contracts in the educational context.
3.