The interaction between a firm and its diverse internal and external stakeholders is best described as a(n)
A) ergonomic relationship.
B) cartel arrangement.
C) exchange relationship.
D) fiduciary responsibility.

Question

Quizplus · Accepted Answer

All stakeholders make specific contributions to a firm, which in turn provides different types of benefits to different stakeholders. The firm, therefore, is embedded in a multifaceted exchange relationship with a number of diverse internal and external stakeholders.

The Interaction Between a Firm and Its Diverse Internal and External