What is meant by the stakeholder approach


Discuss the below:

"Stakeholder Approach" to managing organizations: Define what is meant by the "Stakeholder Approach" to management. Define and explain the three major components of the Stakeholder Approach to management. Compare the Stakeholder Approach to management with the "Shareholder Approach" to management. Which approach do you feel is the more valid approach? Why? Provide at least one real-life example to support your answer. Use at least two outside references to support your answer.

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Management Information Sys: What is meant by the stakeholder approach
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