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There is a tremendous amount of opposition to the stakeholder concept.

a) True

b) False

User Bajaco
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1 Answer

3 votes

Final answer:

The statement regarding opposition to the stakeholder concept being tremendously high is false. It's widely accepted though some debate remains on how interests should be balanced. Other historical and political statements provided are assessed as false or true, enhancing understanding of American history and governance concepts.

Step-by-step explanation:

The statement that there is a tremendous amount of opposition to the stakeholder concept is false. The stakeholder concept, which refers to the idea that all parties with an interest in a company's activities (shareholders, employees, customers, etc.) should be considered by decision-makers, is widely accepted in modern corporate governance. However, the level of acceptance can vary among different individuals and organizations, and some debate does exist regarding how stakeholder interests should be balanced against those of shareholders.

Regarding the other statements provided, the correct answers would be: Voting rates in the United States being higher than most democratic industrialized countries is false; during ratification debates, the Antifederalists were really Federalists is false; the market revolution brought many social and economic changes to the United States is true; and the proposed Lecompton Constitution showing the dominance of the Free Soilers is false.

Lastly, it is true that majority rule can fail to produce a single preferred outcome when there are more than two choices, a situation known as the Condorcet Paradox in social choice theory.

User Autoplectic
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