Satisfying the needs of shareholders, instead of other stakeholders, must be paramount to a business because

Question

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Pursuing the goal of satisfying the needs of shareholders is paramount to a business because if the management team fails to do so, they will be replaced. This is because shareholders are the owners of the company and therefore have the power to replace the management team if they are not satisfied with the company's performance. While satisfying other stakeholders is also important, it is ultimately the shareholders who have the most significant impact on a company's success.

Satisfying the Needs of Shareholders, Instead of Other Stakeholders, Must