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Which of the Following Statements Is True About the Stakeholder

Question 40

Multiple Choice

Which of the following statements is true about the stakeholder theory?


A) It begins with the recognition that every business decision affects a wide variety of people,benefiting some and imposing costs on others.
B) It argues that the narrow economic model successfully provides an accurate descriptive and a reasonable normative account of business management.
C) It holds that business firms should fully integrate economic and social goals by bringing social responsibilities into the core of their business model.
D) It suggests that the long-term financial well-being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment.

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