Price: A corporation's primary responsibility is to its shareholders. ████ ███ ███ ████ █████████ ████████████ ███████ ████ ████ ███ ████████ ██████ ██ ███ ███████████ ████ █████████ ████ ████ █████ ███████████
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Price says that a corporation’s primary responsibility is to its shareholders. Why? Because shareholders take the biggest risks. And what risks are those? Well, if the company goes under, the shareholders lose their investment.
Albrecht says that a corporation’s primary responsibility should instead be to its employees. Why? Firstly, shareholders usually have many investments (meaning their risk in a single company isn’t all that great). Secondly, an employee’s entire livelihood is at risk if the company goes bankrupt. This implies that employees actually take a greater risk, making them a more important responsibility.
We need to find a disagreement between Price and Albrecht. They disagree about whether shareholders or employees take the greatest risks, and should therefore be a company’s primary responsibility.
On the basis of their ███████████ █████ ███ ████████ ███ █████████ ██ ███████████ █████ ███████
corporations have a ██████████████ ██ █████ ████████████
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a corporation's shareholders ████ ████ ██ █████ ████ ██████ ████ ████ ██ ███ █████████████ ███████ ██ ███████
the livelihood of ████ ██ ███ ████████████ ███████ ██ ███ █████████████ ███████