A concern with the stakeholder theory is that it is not always clear who or what a legitimate stakeholder is.

Name: A concern with the stakeholder theory is that it is not always clear who or what a legitimate stakeholder is.
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Question

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One of the criticisms of the stakeholder theory is that determining who or what qualifies as a stakeholder can be difficult and subjective. There is no clear agreement on what criteria should be used to identify stakeholders, leading to ambiguity and potential disputes.

A Concern with the Stakeholder Theory Is That It Is