The _____ identifies and analyzes multiple groups that interact with the firm and attempts to align organizational practices to satisfy the needs of these various groups.
A) stakeholder view
B) contingent view
C) shareholder view
D) managerial view

Question

Quizplus · Accepted Answer

The stakeholder view considers multiple groups that interact with the firm, such as customers, employees, suppliers, shareholders, and local communities. The goal is to align organizational practices to satisfy the needs of these various groups, rather than solely focusing on the interests of shareholders (shareholder view). The contingent view is focused on adapting organizational practices to fit the specific situation, while the managerial view emphasizes the role of managers in making strategic decisions. Therefore, the stakeholder view is the best choice for this question.

The _____ Identifies and Analyzes Multiple Groups That Interact with the Firm