Stakeholder theory suggests that balancing competing tensions in a business is impossible and that recognizing this early in the process is helpful.

Question

Quizplus · Accepted Answer

Stakeholder theory actually suggests that businesses should manage and balance the interests of various stakeholders, not that it is impossible to balance competing tensions. It emphasizes the importance of recognizing and addressing the needs and interests of all stakeholders in the decision-making process.

Stakeholder Theory Suggests That Balancing Competing Tensions in a Business