Which Theory Holds That Social Responsibility Is Paying Attention to the Interest

question 96

Multiple Choice

Which theory holds that social responsibility is paying attention to the interest of every affected stakeholder in every aspect of a firm's operation?

• A) Stockholder theory
• B) Theory of reasoned action
• C) Attribution theory
• D) Theory of ethical enhancement
• E) Stakeholder theory

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Definitions:

Subculture

A set of distinctive values, norms, and practices within a larger culture.

Class Adaptation

The ways in which different social classes respond to and cope with the structural and cultural conditions of their society.

Social Upheaval

Refers to a significant change or disturbance in society, often characterized by widespread social movements, protests, and changes in governmental or societal structure.

Social Classes

Categorizations of society based on various factors including wealth, income, occupation, and education, influencing people's opportunities and life experiences.