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Tom's Toothpicks and Don's Doghouses both use lumber as the major input in their conversion processes. Although the input is the same for each factory, the ____ of the conversion process varies greatly between the two.
Shareholder Model
A corporate governance model focusing on maximizing shareholder value and prioritizing the interests of shareholders in company decisions.
Stakeholder Model
A governance framework that focuses on balancing the interests of multiple stakeholders in a company, not just shareholders.
Corporate Governance
The system of rules, practices, and processes by which a company is directed and controlled, focusing on the interests of stakeholders.
Shareholder Models
Corporate governance frameworks that prioritize the interests and returns of shareholders in the operations and decisions of a company.
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