According to the _____ to Management, by Recognizing Stakeholders and Not

question 27

Multiple Choice

According to the _____ to management, by recognizing stakeholders and not just shareholders, corporations must maintain a long-term perspective rather than simply delivering quarterly earnings numbers.

• A)social contract approach
• B)Kantian approach
• C)virtue approach
• D)instrumental approach

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Definitions:

Economic Behaviorists

Researchers or theorists who study the decision-making processes of individuals and institutions, often investigating how psychological, social, cognitive, and emotional factors affect economic decisions.

Supply-Siders

Advocates of the economic theory that reducing taxes and regulations on businesses stimulates production and economic growth.

Rational Expectationists

Economists who believe that individuals and firms use all available information when making economic decisions, leading to outcomes that can be anticipated based on past trends.

Fiscal Policy

Government policies on taxation and spending that are used to influence the economy.