Question One
I gained several research skills while completing the “Course Comprehensive” essay assignment on how the European Union operates. Firstly, I learned how to plan for completing a study by identifying the key words to text on search websites. I also planned for the exact number of words the final presentation would have and then began searching for information needed as prompted by the assignment topic. Through the knowledge I acquired in units 1 to 4, I ensured the information sources I identified were relevant, current, peer-reviewed, and credible. After identifying appropriate sources, I learned to write a comprehensive outline of key points ( Leshchenko et al., 2021) . I then sought for a common theme in the information outline and arranged themes separately. Further, I wrote the final assignment on paper, ensuring it followed the correct structure. I assessed my final essay to ascertain it had flowing information that was coherent and explained the topic in-depthly. In future, I will use the skills I gained while completing my essay to complete assigned projects. I will ensure that when my employer assigns me a project, I conduct a research using the competencies I acquired in school.
Question Two
Wealth maximization for shareholders undertakes a different approach from that aimed towards stakeholders. When a firm wants to maximize its shareholders’ wealth, it seeks a way its share price can appreciate in the stock value. Therefore, for shareholders, quantities are more important in terms of share prices ( Olayinka et al., 2019) . However, if a company wants to maximize wealth for its stakeholders, such as employees, suppliers, creditors, and clients, it ensures its service quality is excellent. Stakeholders care most on the longevity of an organization, which translates to quality output of goods and services in the long term. Nevertheless, shareholders and stakeholders share a similarity, in that they have interests in a firm. Stakeholders are interested in how long the company will sustain its operations while shareholders have interest in the equity share price of the organization
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References
Leshchenko, M. P., Kolomiiets, A. M., Iatsyshyn, A. V., Kovalenko, V. V., Dakal, A. K., & Radchenko, O. O. (2021). Development of informational and research competence of postgraduate and doctoral students in conditions of digital transformation of science and education. Journal of Physics: Conference Series , 1840 (2021), 1-14. https://iopscience.iop.org/article/10.1088/1742-6596/1840/1/012057/pdf
Olayinka, S., Sanyaolu, W. A., Ojenike, J. O., & Ogunmefun, G. T. (2019). Shareholder Wealth Maximization and Investment Decisions of Nigerian Food and Beverage Companies. Acta Universitatis Sapientiae Economics and Business , 7 (1), 47-63. https://doi.org/10.1515/auseb-2019-0004
