Which of the Following Statements Is True About the Stakeholder

question 1

Multiple Choice

Which of the following statements is true about the stakeholder theory of corporate social responsibility?

• A)It states that companies should only focus on increasing shareholder wealth.
• B)It states that social responsibility is best carried out by government agencies.
• C)It states that a company owes a duty to be a good citizen in its community.
• D)It states that employees and not the top management should be involved in corporate social responsibility.

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Definitions:

Formal Minutes

The official record of the discussions and decisions made during a meeting, prepared in a structured and standardized format.

Institute of Internal Auditors

An international professional association that serves as the global voice and advocate for the internal audit profession, promoting standards and education.

Motions

Formal proposals presented for debate or decision in a meeting or legislative assembly.

Factual Information

Information based on real, objective facts or data, without interpretation or opinion.