Stakeholder theory holds that business can be understood as a set of relationships among groups that have a stake in the activities that make up the business.

Name: Stakeholder theory holds that business can be understood as a set of relationships among groups that have a stake in the activities that make up the business.
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Question

Quizplus · Accepted Answer

Stakeholder theory posits that businesses should consider the interests and relationships of all parties affected by their actions, not just shareholders.

Stakeholder Theory Holds That Business Can Be Understood as a Set