Social Responsibility Is a Concept of Ethics That Businesses Should

question 6

Multiple Choice

Social responsibility is a concept of ethics that businesses should act in the interests of society at large, taking into consideration __________________________.

• A) maximizing shareholder wealth
• B) maximizing shareholder and executive wealth
• C) shareholders and executives/employees who have stock options
• D) external stakeholders interests
• E) all of its stakeholders and not only its shareholders

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Definitions:

E-commerce Site

An online platform that facilitates the buying and selling of goods and services through electronic systems like the internet.

Online Marketplace

A digital platform where vendors can sell their goods or services directly to consumers over the internet.

Third Parties

External entities or individuals that are not directly involved in a transaction or contract between two principal parties but may play a role in the arrangement, such as suppliers, intermediaries, or partners.

Total Landed Cost

The total cost of a product that includes the costs of purchasing, freight, insurance, and other costs up to the port of destination.