One of the most significant principles of business is that the primary objective of the executive management of a corporate entity is to engage in strategic actions that increase shareholder value.
If we think of this objective in terms of the four dimensions of social responsibility, it would be part of the
A) Philanthropic dimension
B) Ethical dimension
C) Legal dimension
D) Economic dimension
E) Marketing dimension

Question

Quizplus · Accepted Answer

The objective of increasing shareholder value primarily falls under the economic dimension of social responsibility, which focuses on creating value for the stakeholders and maximizing profits while operating within legal and ethical boundaries.

One of the Most Significant Principles of Business Is That