The stakeholder theory of corporate social responsibility:
a. considers the management of an organization as one of the stakeholders.
b. excludes customers and government agencies among stakeholders.
c. does not consider the owners of an organization as the stakeholders.
d. does not consider first-line employees of an organization as stakeholders.
ANSWER: a
Stakeholder theory says that social responsibility is paying attention to the interest of every affected stakeholder in every aspect of a firm's operation. It considers the management of an organization as one of the stakeholders.
You might also like to view...
If you want recommendations you can
A) trade with an online broker. B) open an account at a full-service brokerage firm. C) visit the SEC Web site. D) contact a discount broker.
What is the most common way that industries converge on technically inferior alternatives?
a. natural workings of the market b. social support c. government mandate d. strategic action of firms