Multiple Elements in the Company's Research Proposal

Total Length: 325 words ( 1 double-spaced pages)

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Thus, the first three all have legitimate interests, but other interests are clearly subordinated.

2. Scott's first interest is to the shareholders. Management's role is to act in the best interest of the shareholders -- that is the proxy relationship between management and owners. However, this does not mean that the senior employees should be cut. The choice of employees to be cut should be based on productivity vs. cost, not just on a cost basis.

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The majority of the shareholders should be considered, rather than a vocal minority. In addition, the interests of the shareholders should be considered on a long-term basis. This may guide Scott to a different decision than that which he is being presented. Ultimately, however, both Ms. Deason and the employees are also agents of the shareholders so in a way all parties involved are bound to consider the benefit to shareholders….....

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