Create value for a firm and shareholders
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Does the essay by Wayne F. Cascio, "Decency Means More than 'Always Low Prices': A Comparison of Costco to Wal-Mart's Sam's Club," tend to support the position of Milton Friedman or R. Edward Freeman? Why?
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Samco Manufacturing has always purchased a certain component part from a supplier on the East Coast for $50 per part. The supplier is reliable and has maintained the same price structure for years.
Question: What are some financial strategies to follow to create value for a firm and its shareholders?
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