The Stakeholder View of Social Responsibility States That Organizations Must

question 7

Multiple Choice

The stakeholder view of social responsibility states that organizations must respond to the needs of

• A) employees and customers.
• B) shareholders and owners.
• C) all interested parties.
• D) all those who might sue the organization.

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Definitions:

Per Thousand

A term used to denote rates or quantities calculated per thousand units.

Annual Payments

Regular payments made once a year, often as part of a financial agreement or obligation.

Medical Bills

Documents or statements that detail charges for medical services and treatments provided to a patient.

Endowment Policy

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death.