At the third stage of the four approaches to being green, the 'stakeholder approach' represents the organisation's expansion of environmental responsibility, and the manager will promote the shareholder's interest by seeking to minimise costs and maximise profits.

Question

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The stakeholder approach represents the organisation's expansion of environmental responsibility beyond its legal obligations and takes into account the interests of all stakeholders, including customers, employees, suppliers, and the community. The manager aims to balance the competing demands of all stakeholders, including shareholders, by being socially and environmentally responsible. This approach may require some trade-off between short-term profits and the long-term sustainability of the organisation.

At the Third Stage of the Four Approaches to Being