Applied Business Corporation Makes and Markets Its Products Nationwide

question 23

Multiple Choice

Applied Business Corporation makes and markets its products nationwide.Under the stakeholder approach,to be considered socially responsible when making a business decision,Applied must take into account the needs of

• A)its consumers,the community,and society only.
• B)its employees and owners only.
• C)its employees,owners,consumers,the community,and society.
• D)no one.

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Definitions:

Racial-Ethnic

Relating to, characteristic of, or distinguishing individuals based on their race and ethnicity, often in the context of social, cultural, or demographic analysis.

Cultural Characteristics

Distinctive qualities or traits that reflect the customs, values, and behaviors of a group or society.

Distinctive Physical

Unique physical characteristics or features that distinguish individuals or objects from others.

National Origin

The country where a person was born or from which their ancestors came, often used in legal and demographic contexts.