The Transactional Level of Stakeholder Management Capability Requires Companies to Compete

question 33

True/False

The transactional level of stakeholder management capability requires companies to compete on the basis of their financial strength and tangible assets.

---

Definitions:

Collectivism

A cultural or societal approach that prioritizes the group's needs and goals over individual desires or ambitions.

Individual Rights

Fundamental entitlements and freedoms that individuals are guaranteed by law or society’s norms and values.

Utilitarianism

An ethical theory that advocates for actions that maximize happiness or benefit for the greatest number of people.

Distributive Justice

The perceived fairness of how resources and rewards are distributed within an organization.