Explain the history of purpose of corporation

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Reference no: EM133358243

Paula, the CEO of a small consulting firm, told her subordinates that the company is only interested in making money for the shareholders since they are the ones who "put their money on the line". When asked about the company's plan to consider the other stakeholders when making decisions, Paula mentioned that they will not be thinking of them anytime soon. Explain whether the company is following the Shareholder Model or the Stakeholder Model.

Question 1.

Explain any 2 of the direct stakeholders of a company. Make sure to mention why they are critical to the success of a company.

Question 2.

Explain the history of the purpose of a corporation.

Reference no: EM133358243

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