Stakeholder responsibility is the:

Question

Quizplus · Accepted Answer

Stakeholder responsibility is the view that an organization has a moral and ethical obligation to consider the interests of all its stakeholders, including customers, employees, shareholders, suppliers, communities, and the environment in which it operates, and not just focus on maximizing profits for its owners or stockholders. This approach recognizes the interdependence and mutual benefits that exist between the organization and its stakeholders, and emphasizes the long-term sustainability and success of the enterprise. Option A is only focused on the consumer and profitability of the firm, while option B and D emphasize the single-minded pursuit of profits for the owners and the board, respectively, without considering the broader implications and consequences of these actions.

Stakeholder Responsibility Is The