The Traditional View of Social Responsibility States That

question 6

Multiple Choice

The traditional view of social responsibility states that

• A) corporations should exist only to represent the stockholders.
• B) corporations must represent all stakeholder groups.
• C) corporations should operate on the basis of their suppliers' interests.
• D) corporations function as a measure of consumer behavior.
• E) corporations forecast their goals on the basis of pending legislation.

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Definitions:

Taxonomy

The science of classifying organisms based on their characteristics, forming a structured hierarchy that includes groups like species and genus.

Classifying Organisms

The scientific task of organizing and categorizing biological organisms into a hierarchical system such as kingdom, phylum, class, order, family, genus, and species based on their similarities and differences.

Naming

The act or process of assigning a name to someone or something, which is fundamental in all forms of classification and identification.

Describing

The act of giving detailed information about the characteristics or qualities of something.