Stakeholder Responsibility Refers to

question 144

Multiple Choice

Stakeholder responsibility refers to

• A) the view that an organization has an obligation to those who can affect the achievement of its objectives.
• B) the obligation of a firm to price its products or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit.
• C) the duty of a firm to maximize profits for its owners or stockholders.
• D) the concept that no expansion or additional research and development will occur until a company is making a profit.
• E) the idea that organizations are part of a larger society and are accountable to that society for their actions.

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Definitions:

Community Psychology

A branch of psychology focusing on understanding individuals within their social communities and promoting community well-being.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to make a contribution to their community.

Disadvantaged Circumstances

Conditions that negatively affect individuals' or groups' ability to access opportunities, resources, and rights, contributing to inequality and hindering personal and societal development.

Social Learning Difficulties

Challenges in acquiring and applying information or behaviors through observing and interacting with others within a social context.