Stakeholder theory pushes managers to be clear about how they want to do business, so it encourages:

Question

Quizplus · Accepted Answer

Stakeholder theory emphasizes the importance of recognizing and being transparent about values and underlying principles in business practices. This allows managers to consider and prioritize the needs and interests of all stakeholders involved in the business, not just shareholders or profit margins. Choice B is incorrect because discussing profit center margins is not the main focus of stakeholder theory. Choice C is also incorrect because stakeholder theory does not advocate for top-down strategy development, but rather a collaborative and inclusive approach that includes stakeholders' input and perspectives. Choice D is incorrect because both choices B and C are not aligned with the principles of stakeholder theory.

Stakeholder Theory Pushes Managers to Be Clear About How They