In Addressing Social Responsibility,managers Must Consider Their Firms' Relations with

question 64

Multiple Choice

In addressing social responsibility,managers must consider their firms' relations with

• A) employees.
• B) owners.
• C) customers.
• D) the community.
• E) all of the answers are correct.

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Definitions:

Board Of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.

Employees

Individuals who are hired by a company to perform specific duties and tasks in exchange for compensation, contributing to the company's operations and goals.

Common Stockholders

Individuals or entities that own shares in a company's common stock, granting them voting rights and a share in the company's profits through dividends.

Minimum Amount

The smallest quantity or value permitted or possible in a given set of circumstances.