Creating a win-win situation for all relevant stakeholders so that everyone benefits from the decision is known as:

Question

Quizplus · Accepted Answer

The approach described in the question aligns with the stakeholders' approach to ethics, which seeks to balance the interests of all stakeholders to arrive at decisions that are mutually beneficial. This approach recognizes that organizations have multiple stakeholders, including customers, employees, shareholders, suppliers, and the community at large. By creating positive outcomes for all stakeholders, the stakeholders' approach to ethics helps ensure the long-term success of the organization.

Creating a Win-Win Situation for All Relevant Stakeholders So That