Which of the following is true of the traditional stockholder approach?
A) It focused on being socially responsible.
B) It is the best model for successful businesses today.
C) Managers years ago believed that generating long-term value depended on the needs of many stakeholders.
D) The paradigm has shifted from stakeholder to stockholder in recent years.
E) It focused on meeting the needs of the owners and maximizing profits without regard for other stakeholders.
Correct Answer:
Verified
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