The stakeholder view of social responsibility states that organizations must respond to the needs of
A) employees and customers.
B) shareholders and owners.
C) all interested parties.
D) all those who might sue the organization.

Question

Quizplus · Accepted Answer

The stakeholder view of social responsibility holds that organizations have a responsibility to all interested parties, including employees, customers, shareholders, suppliers, community members, and the environment. This broader view of social responsibility recognizes that organizations have an impact on many different groups beyond just their shareholders or owners, and that they must operate in a way that serves the interests of all stakeholders. While responding to the needs of those who might sue the organization is important, it is only one small aspect of social responsibility and does not capture the full scope of the stakeholder view.

The Stakeholder View of Social Responsibility States That Organizations Must