Which of the following approaches does the following statement represent: This approach takes into account non-market forces that affect organizations and individuals, such as moral, political, legal, and technological interests, as well as economic factors.
a) Stakeholder approach
b) Stockholder approach

A. Stakeholder approach

Explanation: Stakeholder approach is an important management process, whereby critical Management functions such as policies you formulation and implementation is championed by the managers. Stakeholder's approach shifts from the notion of being entirely profit-centred towards the idea of creating value for all its stakeholders. Taking cognizance of non-market forces such as moral, legal, political and technological interest that affects its stakeholders ; organization, supplier, customers and other shareholders.

"harry t. moore (1905-1951) – civil rights activist, leader, and the first martyr of the civil rights movement. fannie lou hamer (1917–1977) – leader in the american civil rights movement; co-founder of the national women's political caucus and freedom democratic party. james farmer (1920–1999) – congress of racial equality."