[Recommended]What is meant by a “stakeholder perspective”?

What is meant by a “stakeholder perspective”? Ferrell, Fredrich, and Ferrell (2015) explained that companies should take a stakeholder perspective in the course of conducting…

What is meant by a “stakeholder perspective”?
Ferrell, Fredrich, and Ferrell (2015) explained that companies should take a stakeholder perspective in the course of conducting business, but they must balance the interests of their stakeholders with their business objectives.
What is meant by a “stakeholder perspective”?
Be sure to include In-text citations to support your answer, and add references to support the citations. Avoid direct quotes. Instead, paraphrase using your own words to explain.
Cite the ideas from your textbook in addition to other sources. Apply critical thinking.

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