Which of the following statements is characteristic of Stakeholder Theory?
A) Stakeholder Theory has both a normative and positive perspective.
B) Stakeholder Theory has neither a normative nor positive perspective.
C) Stakeholder Theory is a normative theory.
D) Stakeholder Theory is a positive theory.

Question

Quizplus · Accepted Answer

Stakeholder Theory is characterized as having both normative and positive perspectives. The normative perspective focuses on what organizations ought to do in terms of their responsibilities to various stakeholders, while the positive perspective focuses on describing and understanding how organizations actually interact with stakeholders.

Which of the Following Statements Is Characteristic of Stakeholder Theory