Advocates of the stakeholder concept:
A)argue that an appreciation for stakeholders is fundamental to understanding how to make money.
B)feel it is necessary to not only recognize the interests of all stakeholders but also to promote the loyalty of other individuals and groups.
C)believe that shareholders are a principal stakeholder.
D)believe that responding to stakeholders is simply good business.
E)All of the above are true statements advocating the stakeholder concept.

Question

Quizplus · Accepted Answer

All of the statements are true in advocating the stakeholder concept. Advocates believe that recognizing all stakeholders and promoting their loyalty is crucial to making money, and that shareholders are just one of many important stakeholders. They also believe that responding to stakeholder interests is simply good business practice.

Advocates of the Stakeholder Concept