The "Systems Approach" to Business and Society Builds on Which

Multiple Choice

The "systems approach" to business and society builds on which of the following stakeholder theory insights?

A) That firms have relationships with many constituent groups, which both affect and are affected by the actions of the firm.
B) That firms have relationships with many constituent groups, and that these groups must be managed to best promote value to stockholders.
C) That although firms have relationships with many constituent groups, these groups have little impact on the ongoing management of business firms.
D) That firms have relationships with only a few groups, such as employees, that are directly connected with business operations.