Which of the following statements about the stakeholder model is true?
A) It reorders the priorities of management away from those in the market capitalism model.
B) Exponents of this model agree on how to identify a stakeholder.
C) It makes a realistic assessment of power relationships between the corporation and other entities.
D) It sets up clear guidelines to measure profit.

Question

Quizplus · Accepted Answer

The stakeholder model shifts the focus of management priorities from solely maximizing shareholder value, as seen in the market capitalism model, to considering the interests of all stakeholders, including employees, customers, suppliers, and the community.

Which of the Following Statements About the Stakeholder Model Is