According to the textbook, the firm ______.
A)exists independently of its stakeholders
B)exists to solve social, moral, and ethical problems
C)exists only with the support of shareholders
D)does not exist independently of its stakeholders

Question

Quizplus · Accepted Answer

The textbook states that the firm does not exist independently of its stakeholders, as it is influenced by and has responsibilities towards various stakeholders such as shareholders, employees, customers, and the community.

According to the Textbook, the Firm ______