A Company Deciding to Stop Operations in Its Unprofitable Manufacturing

question 78

True/False

A company deciding to stop operations in its unprofitable manufacturing unit for the sake of saving money for its shareholders is an example of stakeholder interest theory.

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Definitions:

Cultural Environment

The communications, religion, values and ideologies, education, and social structure of a country

Social Organization

The structured arrangement of relationships and roles within a society, contributing to its orderly functioning and cultural practices.

Politics

Politics refers to the activities associated with governance of a country or area, especially the debate among individuals or parties having power.