Stakeholder strategy is an integrative approach to managing a diverse set of stakeholders effectively in order to
A) single-mindedly focus on the stockholders alone.
B) gain and sustain competitive advantage.
C) minimize the joint value created.
D) minimize the difference between value creation and cost.

Question

Quizplus · Accepted Answer

Stakeholder strategy is an integrative approach to managing a diverse set of stakeholders effectively in order to gain and sustain competitive advantage.

Stakeholder Strategy Is an Integrative Approach to Managing a Diverse