——- states that an organization operates within a complex environment that is affected by and affecting different interests?

——- states that an organization operates within a complex environment that is affected by and affecting different interests?
A . Shareholder theory
B . Resource-based theory
C . Stakeholder theory
D . Positioning theory

View Answer

Answer: C

Explanation:

Stakeholder theory is a view of capitalism that stresses the interconnected relationships between a business and its customers, suppliers, employees, investors, communities and others who have a stake in the organization. The theory states that a firm should create value for all stakeholders – not just shareholders. Shareholder theory is the view that the only duty of a corporation is to maximize the profits accruing to its shareholders.