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TION 4 [ 2 2 marks ] 4 . 1 . Understanding the benefits and harms of competitors as stakeholders is critical to business success.
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Understanding the benefits and harms of competitors as stakeholders is critical to business success. In light of the aforementioned, evaluate the potential ethical issues caused by competitors as stakeholders.
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The government is a critical stakeholder in any business; like all other stakeholders, it can be harmed or benefitted by a business. Harms and benefits to the government typically relate to taxes and gross domestic product GDP Scrutinise the interests and roles of government as a stakeholder.
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