What should be the objective of a focus on stakeholders?

Question

Quizplus · Accepted Answer

The objective of a focus on stakeholders should be to preserve their interests, which includes not only shareholders but also employees, customers, and other stakeholders. It is important to consider the interests of all stakeholders and balance them in order to create long-term value for the organization. Ignoring the interests of shareholders altogether is not a viable or sustainable strategy. In situations of conflict, a balanced approach should be taken, and the interests of all stakeholders should be considered. Therefore, options A and B are not the best choices.

What Should Be the Objective of a Focus on Stakeholders