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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Discussion (D3)

Discussion (D3)

Q Based upon your review of the textbook readings, post a 450-word (minimum) synopsis of your understanding of the material. This post should 1) demonstrate understanding of the ethical issues reviewed. Following your synopsis of the chapter material, 2) incorporate a practical application of the material by responding to questions in Reading 3.2. In your posting, it is important that you highlight any questions you have about the material. The instructor will review the postings for understanding of the material and respond to questions you may have. The initial discussion post is to be posted no later than Wednesday at 11:59 p.m. Students must complete two response posts by Sunday night at 11:59 p.m. In order to receive full credit for collaboration, please refer to the guidelines related to substantive posts and posting on multiple days (on pages 4-5 of the course syllabus). 1. Give examples of stakeholders and what interests they might have in a company’s decisions. 2. Does Milton Friedman see any benefit in considering the interests of employees as a company makes decisions? 3. Explain the web of stakeholders and how the impact of one decision affects others in the web.

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I think that the textbook readings for this week provide valuable insights into the ways in which the stakeholders as well as the shareholders of a particular organization can be satisfied, convinced and kept satiated in order to keep them investing their interests as well as their money into a particular company. It is important for every manager and employee in a company to understand the value of working in alignment with the mutual goals of the organization as well as the stakeholders and the shareholders of a company.