Lecture of November 2020
3 important questions on Lecture of November 2020
Which two stakeholder theory dimensions are there?
Liberal economic dimension, and social critical dimension.
What is the liberal economic dimension (in stakeholder theory dimensions)?
The liberal economic dimension relies rather on market forces and economic principles to organize the relationship between stakeholders (more 'laissez-faire').
What is the social critical dimension (in stakeholder theory dimensions)?
The social critical dimension suggests that stakeholders such as consumers, government, and public groups should take a more active role in ensuring companies behave responsibly and fulfill their social obligations.
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