Determining whether to adopt a shareholder or stakeholder orientation is a major ______ for a business.
A) strategic goal formulation
B) operational plan
C) bureaucratic control
D) tactical plan
E) Six Sigma initiative

Question

Quizplus · Accepted Answer

Deciding whether to prioritize the interests of shareholders (those who own stock in the company) or stakeholders (anyone who is affected by the actions of the company, including employees, customers, and the community) is a strategic decision that will shape the overall goals and values of the business.

Determining Whether to Adopt a Shareholder or Stakeholder Orientation Is