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Discuss Why a Manager Should,or Should Not,be Considered a Stakeholder

question 44

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Discuss why a manager should,or should not,be considered a stakeholder.


Definitions:

External Cost

A cost that is not borne by the producer or consumer directly involved in a transaction, but rather by a third party or society as a whole, such as pollution.

Allergic

Pertains to medical and biological contexts, indicating adverse immune responses of the body to certain substances, known as allergens.

Rose Pollen

The fine powder produced by the male parts of a rose flower, necessary for the fertilization process in plant reproduction.

Market Failure

A situation in which the allocation of goods and services by a free market is not efficient, often justifying government intervention.

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