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Which of the Following Is the Most Appropriate Term to Use

question 16

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Which of the following is the most appropriate term to use when describing management's duty to its shareholders?


Definitions:

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public by practicing ethical and sustainable ways in operations and decision-making.

Rights Theory

A framework focusing on the entitlements individuals have, based on moral or legal principles, which should not be infringed upon by others.

Costs And Benefits

An analysis or assessment comparing the negatives and positives of a decision, project, or proposal.

Teleological Ethical Theory

An ethical theory that holds that the morality of an action is determined by its outcomes or ends.

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