Question : Which of the following statements related to a firm's stakeholders
Which of the following statements related to a firm's stakeholders is not true?
A) A firm's stakeholders include organizations and groups along with individuals who can affect or be affected by the firm's actions.
B) While external stakeholders are those who make contributions toward the firm, internal stakeholders are those who reap all the benefits.
C) Effective stakeholder management is an example of the actions managers can take in order to enhance a firm's competitive advantage.
D) If internal or external stakeholders withhold participation in the firm's exchange relationships, it can have severe negative performance implications.