Which of the Following Statements Is True of the Intrinsic

question 43

Multiple Choice

Which of the following statements is true of the intrinsic stakeholder model of business management?

• A)It is the belief that stakeholder groups have the right to be considered in decisions that will impact them.
• B)It is the belief that giving importance to stakeholders makes it difficult for managers to effectively run their firms.
• C)It is the belief that stakeholder interactions have longer-term consequences on a firm's performance and competitive advantage.
• D)It is the belief that financial capital is the most important input into making a business successful.

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Definitions:

Automated Production

involves the use of control systems and machinery to handle tasks in manufacturing with minimal human intervention.

Per-Unit Costs

The cost incurred to produce, manufacture, or acquire a single unit of a product or service.

Decrease

A reduction in size, quantity, or importance of something.

Technological Advancements

Progress in technology which results in new inventions and innovations that can improve the efficiency and productivity of systems.