Which Statement Best Describes Balancing Stockholder and Other Stakeholder Interests

question 25

Multiple Choice

Which statement best describes balancing stockholder and other stakeholder interests?

• A)Managers have a responsibility to make a profit for stockholders while operating in a legal and ethical manner to maximize the benefits to entities other than stakeholders.
• B)Managers have a responsibility to make a profit for stockholders while operating in a legal and ethical manner and not take advantage of other stakeholders.
• C)Managers should use some of the business profits to help society.
• D)Managers' only responsibility is to stockholders.
• E)None of these statements are correct.

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Definitions:

Territories

Territories are specific geographic areas assigned to a sales representative or team to manage and sell products or services.

Low-Priority Tasks

Tasks that are deemed less important or urgent, often scheduled after high-priority work.

Time Management Skills

The ability to use one's time effectively or productively, especially at work, through planning and exercising conscious control over the amount of time spent on specific activities.

Heterogeneous Needs

Diverse requirements or desires of customers or clients, reflecting the variation in their preferences, situations, or circumstances.