Stakeholder Theory Is an Understanding of How Business Works That

question 38

Multiple Choice

Stakeholder theory is an understanding of how business works that:

• A) takes into account culture and environmentalism.
• B) rejects the importance of the bottom line.
• C) emphasizes planning.
• D) takes into account all identifiable interest holders.

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Definitions:

Autonomy

In Ryan and Deci’s self-determination theory, one of three basic or universal needs. Being in control of oneself, or feeling that one’s behavior is congruent with one’s “true self,” meaning that it is intrinsically motivated.

Emotional Response

The automatic, psychological reaction to an external event or internal thought process, often experienced through feelings such as joy, fear, or anger.

Behavior Regulation

The ability to manage and control one's actions, responses, and emotions in accordance with societal norms or personal goals.