The instrumental view of stakeholder management is best described by which one of the following choices?

Question $7$ options:

argues that firms do best for their stakeholders when they are as profitable as possible

argues that firms should not spend shareholder funds on any activities that do not increase the firm's bottom line

argues that a firm does better when it takes seriously its obligation to its stakeholders

argues that a firm's success is tied to the profitability of its stakeholders