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Question
Which of the following statements is true of a company that adopts the stakeholder approach?
A. For a company adopting the stakeholder approach, shareholders are the only stakeholders.
B. For a company adopting the stakeholder approach, profit depends on the interplay between the corporation, government, and society.
C. For a company adopting the stakeholder approach, profit maximization and earning short-term profits are the primary goals.
D. For a company adopting the stakeholder approach, the only concern is to fulfill the categories of economic and legal responsibilities of Carrolls Social Responsibility Pyramid.
Answer
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