According to the social contract approach to management,by recognizing _____ and not just shareholders,corporations must maintain a long-term perspective rather than simply delivering quarterly earnings numbers.

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According to the social contract approach, corporations must recognize the interests and needs of all stakeholders, including employees, customers, suppliers, the environment, and the community, rather than just focusing on maximizing profits for shareholders. By doing this, corporations are encouraged to maintain a long-term perspective and sustainability rather than solely focusing on short-term financial gains.

According to the Social Contract Approach to Management,by Recognizing _____