Asked by Jesse Gonzalez on Jun 05, 2024
Verified
The degree to which a firm understands and addresses stakeholder demands can be referred to as
A) a stakeholder orientation.
B) a shareholder orientation.
C) the stakeholder interaction model.
D) a two-way street.
E) a continuum.
Stakeholder Demands
The needs or expectations that individuals or groups with an interest in an organization's activities have regarding the organization's performance or conduct.
Stakeholder Orientation
A business approach that prioritizes the interests, needs, and viewpoints of all parties affected by the company's operations, including customers, employees, and the community.
- Acquire knowledge about stakeholder orientation and recognize its essential value for business achievement.
Verified Answer
Learning Objectives
- Acquire knowledge about stakeholder orientation and recognize its essential value for business achievement.
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