The view of the firm that recognizes just suppliers and customers as stakeholders is the

Question

Quizplus · Accepted Answer

The production view only considers the internal processes and stakeholders directly involved in the production and delivery of goods or services. This view does not recognize the broader range of stakeholders that may be impacted by a firm's actions, such as the community, environment, or society at large. The stakeholder view takes into account a wider range of stakeholders, including employees, communities, suppliers, shareholders, customers, and others who may be affected by a firm's decisions and actions. Therefore, the production view is limited in its scope and does not align with current approaches to corporate social responsibility and sustainability.

The View of the Firm That Recognizes Just Suppliers and Customers