The ________ of Corporate Social Responsibility Holds That Rather Than

question 36

Multiple Choice

The ________ of corporate social responsibility holds that rather than merely striving to maximize profits for its shareholders,a corporation should balance the interests of shareholders against the interests of employees,suppliers,customers,and the community.

• A)deontological theory
• B)Kantian theory
• C)stakeholder theory
• D)utilitarian theory

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Definitions:

Liquidation Process

The procedure of winding up a company's operations, selling off its assets, and distributing the proceeds to creditors and shareholders.

Frequent Reporting

The practice of regularly submitting business performance reports more often than the standard annual reporting.

Dissolution

The process of legally dissolving a corporation or partnership, resulting in the termination of its business operations.

Safe Payments

Payments that are secure and protected against fraud or theft, often through encryption and authentication measures.