The Purpose of a Stakeholder Orientation Is to

question 40

Multiple Choice

The purpose of a stakeholder orientation is to

• A)emphasize shareholders and provide them with a return on their investment.
• B)maximize positive outcomes that meet stakeholder needs.
• C)enhance the profitability of the firm.
• D)determine which stakeholders to address and which to ignore.
• E)allow stakeholders to determine the limits of executive compensation.

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Definitions:

Knowledge

Knowledge is the understanding, awareness, or familiarity gained through education, experience, or research on a particular subject.

Pension Plans

Retirement plans that require an employer to contribute to a pool of funds set aside for a worker's future benefit, invested on the employee's behalf.

Older People

A demographic group typically defined as individuals of advanced age or the later part of life, often considered to be those 65 years old and above.

Child Care Benefits

Employer-provided benefits or subsidies designed to help employees with the costs and logistics of child care.