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Detail: Answer each question thoroughly.
1.
Identify a party (other than stockholders) that can be classified
as a stakeholder for a corporation. What obligation does the
corporation have to this party? Describe a situation where
stockholder claims on the organization might conflict with the
claims of this stakeholder group. If you were CEO, how would
you resolve these conflicts?
2.
During the summer and fall of 2008, the U.S. financial system
and financial systems around the world appeared to be on the
verge of collailpse. How did we get into this condition? What
did we do to get out of it? How can we prevent another such
scenario in the future?

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