Reference no: EM132779778

Problem 1: Which of the following best characterizes the tenets of the stakeholder theory?

A) The narrow economic model fails both as an accurate descriptive and as a reasonable normative account of business management.

B) The long-term financial well-being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment.

C) Firms should fully integrate economic and social goals by bringing social responsibilities into the core of their business models.

D) A firm's financial goals must be balanced against, and perhaps even overridden by, environmental considerations.