Which of the Following Real-World Events Would Act as the Most

question 44

Multiple Choice

Which of the following real-world events would act as the most likely deterrent against adopting a purely stakeholder strategy approach to business?

• A) the nonsustainable debt levels incurred by sovereign governments to fund social programs
• B) the financial crisis in Europe brought about by money lenders seeking to make quick money
• C) the collapse of the economy in the U.S. brought about by the housing crisis
• D) the rise of GDP in countries that do not believe in Milton Friedman's philosophy

---

Definitions:

Direct Supervision

A management approach where managers closely oversee and control the work of their subordinates, often involving immediate feedback and instructions.

Informal Communication

The unofficial and casual exchange of information between individuals in an organization, outside formal channels.

Coordinating Mechanisms

Tools or methods used to align activities, processes, and strategies across different parts of an organization to ensure efficiency and goal achievement.

Team-Based Structure

An organizational architecture that emphasizes collaborative work and projects carried out by teams, as opposed to hierarchy or individual efforts.