Which of the Theories of the Social Responsibility of Business

question 52

Multiple Choice

Which of the theories of the social responsibility of business includes obligations of a business to parties other than shareholders?

• A) corporate citizenship
• B) stakeholder interest
• C) stakeholder interest and corporate citizenship
• D) moral minimum, stakeholder interest and maximizing profits
• E) moral maximum, stakeholder interest, and corporate citizenship

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Definitions:

Corporate Value

Fundamental beliefs or principles that guide the actions and decision-making processes of an organization.

Artifacts

Cultural, physical, or social manifestations within an organization that embody its values and norms.

Job Applicant

An individual who applies for a specific position within a company and undergoes the selection process in hopes of employment.

Organizational Cultures

A system of shared assumptions, values, and beliefs, which governs how people behave in organizations.