Which of the following could be used as an example of why a stakeholder strategy approach to business has shortcomings?

A. the rise of GDP in countries that do not believe in Milton Friedman's philosophy
B. the collapse of the economy in the United States brought about by the housing crisis
C. the nonsustainable debt levels incurred by sovereign governments to fund social programs
D. the financial crisis in Europe brought about by money lenders seeking to make quick money


Answer: C

Business

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