Question

A firm that makes use of a __________ recognizes other stakeholders beyond investors, employees, and suppliers, and explicitly acknowledges the two-way dialog that exists between a firm's internal and external environments.

a. stakeholder model of corporate governance
b. stakeholder bias
c. code of ethics
d. stakeholder interaction model
e. corporate interface mode

Answer 1

A stakeholder interaction model is used by a firm to recognize and engage with a wide range of stakeholders, beyond investors, employees, and suppliers.

Step-by-step explanation:

A firm that makes use of a stakeholder interaction model recognizes other stakeholders beyond investors, employees, and suppliers, and explicitly acknowledges the two-way dialog that exists between a firm's internal and external environments.