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Which Statement Best Describes Balancing Stockholder and Other Stakeholder Interests

Question 33

Multiple Choice

Which statement best describes balancing stockholder and other stakeholder interests?


A) Managers have a responsibility to make a profit for stockholders while operating in a legal and ethical manner to maximize the benefits to entities other than stakeholders.
B) Managers have a responsibility to make a profit for stockholders while operating in a legal and ethical manner and not take advantage of other stakeholders.
C) Managers should use some of the business profits to help society.
D) Managers' only responsibility is to stockholders.
E) None of these statements are correct.

Correct Answer:

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