In the long run, MNEs must adequately meet the needs of all stakeholders in order to prosper and survive.

Question

Quizplus · Accepted Answer

Meeting the needs of all stakeholders, including customers, employees, shareholders, local communities, and governments, is important for the long-term success and sustainability of multinational enterprises. Ignoring the needs or concerns of any one group can lead to reputational damage, legal or regulatory issues, or loss of market share, all of which can negatively impact the MNE's bottom line in the long run. Therefore, it is important for MNEs to adopt a stakeholder-oriented approach that balances the interests of all stakeholders and seeks to create value for society as a whole.

In the Long Run, MNEs Must Adequately Meet the Needs