60 Minutes exposed the mislabeling of products by the flooring company Lumber Liquidators, and the EPA threatened to withhold approval for selling Volkswagen and Audi diesel models.These are both examples of ______.

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Both examples involve the responsibility of corporations to their stakeholders, whether it be customers (in the case of Lumber Liquidators) or regulatory bodies (in the case of Volkswagen and Audi). It is not an example of bureaucratic overstepping as both companies were found to be violating laws and regulations. It is also not necessarily an example of corporate social responsibility as both companies were likely motivated to take action due to pressure from external sources (such as media or regulatory bodies) rather than an internal commitment to ethical behavior. It is also not an example of Milton Friedman's concept of the social responsibility of business as he famously argued that the only responsibility of a corporation is to maximize profits within the constraints of the law.

60 Minutes Exposed the Mislabeling of Products by the Flooring