Starling Inc. is a public stock company that provides natural gas for businesses. Although this company generates a large profit, management's focus on reducing costs caused the maintenance budget to be trimmed. Its pipelines have at times leaked, which created significant environmental problems. As a result, the company's value creation has suffered. This scenario supports Michael Porter's warning that public companies:__________

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25-07-2022
Business

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Starling Inc. is a public stock company that provides natural gas for businesses. Although this company generates a large profit, management's focus on reducing costs caused the maintenance budget to be trimmed. Its pipelines have at times leaked, which created significant environmental problems. As a result, the company's value creation has suffered. This scenario supports Michael Porter's warning that public companies:__________

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shivanijain4931 shivanijain4931 · Answer 1 · 2022-08-08T11:06:51+02:00

This scenario supports Michael Porter's warning that public companies have defined value creation too narrowly in terms of financial performance, thereby contributing to black swan events.

A corporation is a community for short, a legal entity that is a collection of people with a specific purpose, natural, legal, or a mixture of both. Company members have common goals and work together to achieve specific goals.

A company is a legal entity formed by a group of natural persons to carry on and operate a business in a commercial or industrial capacity. What a company does depends on its structure. Its structure ranges from partnership to partnership to enterprise.

Associations of individuals operating commercial or industrial enterprises — cf. legal entities, partnerships. - Financial companies. : A company that typically makes small, short-term loans to individuals.

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