Freeman’s stakeholder theory argues that businesses have an ethical responsibility to their stakeholders: Business and management Essay, UO, UK

University University of Oxford (UO)
Subject Business and Management

Task:

Freeman’s stakeholder theory argues that businesses have an ethical responsibility to their stakeholders. Based on this understanding please write an essay comparing the responsibilities to stakeholders established by Islamic business ethics and Utilitarian ethics in connection to the stakeholders of a small business being run in the United Kingdom’s food production, food retail or hospitality sectors. Having done so please explain, with justification, which of the two best protects stakeholder interests.

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