Value is created for the firms:
A) Immediate or primary stakeholders and for its secondary stakeholders
B) Only for immediate or primary stakeholders
C) Only for secondary stakeholders
D) Value is not considered among either immediate, primary or secondary stakeholders

Question

Quizplus · Accepted Answer

Value is created for both immediate or primary stakeholders (such as shareholders, employees, and customers) and secondary stakeholders (such as the community, environment, and society). Creating value for both sets of stakeholders is essential for the long-term success and sustainability of the firm.

Value Is Created for the Firms