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This conception suggests that a principal challenge for a business is to balance the interests of events affected by the business, pursuits which might be sometimes in conflict with each other. Former President Bill Clinton acknowledged adamantly that major multinational firms should put their clients and workers’ pursuits earlier than those of shareholders to be able to promote economic growth and growth, especially in emerging markets. For instance, Alibaba, a Chinese Internet venture, strives to function within the zone that Clinton calls “double-bottom line capitalism. ” The emerging new mantra is to create social progress as well as create profits.
Lyric, Short-term Rental Startup Backed By Airbnb, Shuts Most Locations As Co-founder Departs
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