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:

Overprotective

Characterized by excessive measures taken to guard against potential risks or harm, often in the context of parenting, leading to restrictions that can inhibit independence and growth.

Low Self-Esteem

A feeling of unworthiness and a lack of confidence in one's own abilities or worth.

Respiratory Distress Syndrome

A medical condition, primarily in premature infants, characterized by difficulty breathing due to underdeveloped lungs.

Professionally Employed

The status of being employed in a job that requires specialized knowledge and often higher education.