Dunfee's First Principle for Managers Says That There Is a Presumption

question 65

Multiple Choice

Dunfee's first principle for managers says that there is a presumption that corporate actions should be undertaken to:

• A) Satisfy the needs of all stakeholders
• B) Balance the needs of all stakeholders as much as possible
• C) Create the greatest good
• D) Maximize shareholder wealth
• E) Both (b) and (d)

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Definitions:

Perceived Behavioral Control

An individual's beliefs about their capability to perform a particular behavior or action.

Subjective Norms

Individual perceptions of social pressure to perform or not perform a particular behavior, which can influence their actions.

Health Benefits

Positive effects on physical and/or mental well-being obtained through activities, foods, practices, or medical treatments.

Transtheoretical Model

A model of behavior change that assesses an individual's readiness to act on a new healthier behavior and provides strategies to guide the individual through the stages of change to achieve it.