Increasingly, managers will be required to address the competing interests of______.
A)a narrow group of stakeholders
B)a wide range of stakeholders
C)a shrinking group of stakeholders
D)governmental stakeholders and regulators

Question

Quizplus · Accepted Answer

As businesses become more global and interconnected, there are often many different stakeholders with a variety of interests involved in a company's operations. Managers must address and balance the needs and interests of a wide range of stakeholders, including shareholders, employees, customers, suppliers, and the community. Focusing on a narrow group of stakeholders or ignoring certain stakeholders altogether can have negative consequences for the company's reputation, profitability, and long-term success.

Increasingly, Managers Will Be Required to Address the Competing Interests