After a Firm Has Identified the Various Stakeholders and Their

question 178

Multiple Choice

After a firm has identified the various stakeholders and their issues and gathered available data related to an ethical decision-making situation,all parties relevant to the decision should

• A) engage in legal discourse.
• B) vote, with the majority deciding the best course of action.
• C) reidentify the issues.
• D) choose a course of action.
• E) brainstorm for alternatives.

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Definitions:

Short-term Loan

A loan scheduled to be repaid in less than a year, used for immediate cash flow needs.

Convertible Debt

A type of financing where a loan made to a company can be converted into equity, usually upon the occurrence of future financing rounds.

Equity

The value of an ownership interest in property, including shareholders' equity in a corporation, which represents the residual value to shareholders after debts and liabilities have been settled.

Startups

Early-stage companies often characterized by their high growth potential and innovative business models or technologies.