An insight of the "stakeholder" theory is that firms have relationships with many constituent groups.

Question

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The stakeholder theory suggests that businesses have relationships with a wide range of stakeholders, including customers, employees, suppliers, shareholders, governments, and communities. Rather than solely focusing on maximizing profits for shareholders, this theory suggests that businesses should consider the needs and interests of all stakeholders in their decision-making processes.

An Insight of the "Stakeholder" Theory Is That Firms Have