The Obligation of Organization Management to Make Decisions and Take

question 34

Multiple Choice

The obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization is referred to as:

• A) self-dealing.
• B) corporate social responsibility.
• C) discretionary responsibility.
• D) economic responsibility.
• E) none of these.

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Definitions:

Average Investor

Typically refers to a non-professional or retail investor who participates in the markets but may not have extensive knowledge or resources.

Stock Price

The cost of purchasing a single share of a particular stock, representing the market's valuation of a company at any given time.

Common Stock Dividend

Payments made to shareholders out of a company's earnings, reflecting a portion of the profit allocated for each share of common stock.

Legal Financial Obligation

A requirement to pay money as determined by a legal process or by law.