The View That Business Should Balance Its Commitments to the Stakeholders

question 262

Short Answer

The view that business should balance its commitments to the stakeholders in its environment is known as
managerial capitalism.
social auditing.
social responsibility.
business ethics.
stakeholder theory.

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Definitions:

Accurate

Correct, precise, or free from errors or defects.

Cent

A monetary unit in many countries, equal to one hundredth of the basic unit of currency.

Accurate

Describes a high level of correctness, diligence, and precision in measurement or information.

Accurate

The degree of closeness of a measured or calculated quantity to its actual (true) value.