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:

Segment Manager

A manager responsible for overseeing a specific part of a company, such as a department or product line, to ensure its profitability and efficiency.

Chief Operating Decision Maker

An individual or group within an organization primarily responsible for making operational decisions and allocating resources.

Organizational Units

The distinct segments within a company or institution, often defined by function, geography, or product line, that operate to achieve specific objectives.

Combined Segment Revenues

The total revenue generated from multiple segments or units of a business, aggregated together to analyze overall performance.