Which of the following real-world events would act as the most likely deterrent against adopting a purely stakeholder strategy approach to business?
A) the nonsustainable debt levels incurred by sovereign governments to fund social programs
B) the financial crisis in Europe brought about by money lenders seeking to make quick money
C) the collapse of the economy in the U.S. brought about by the housing crisis
D) the rise of GDP in countries that do not believe in Milton Friedman's philosophy
Correct Answer:
Verified
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