The relationship between stakeholders and the firm is based on mutual moral and ethical commitments.

Question

Quizplus · Accepted Answer

The relationship between stakeholders and the firm is based on mutual moral and ethical commitments as stakeholders have a vested interest in the success of the firm, and the firm has an obligation to consider the interests of its stakeholders in its decision-making processes. This requires both parties to act with integrity and respect for each other's needs and values.

The Relationship Between Stakeholders and the Firm Is Based on Mutual