________ is a social responsibility theory of business according to which a corporation must consider the effects that its actions have on persons other than its shareholders.

Question

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The theory being described is the stakeholder interest theory, which emphasizes that a business should not only prioritize the interests of its shareholders but also take into consideration the impact of its actions on other stakeholders such as employees, customers, suppliers, and the wider community. A socially responsible corporation, therefore, must ensure that it operates in a manner that is beneficial and sustainable to all of its stakeholders.

________ Is a Social Responsibility Theory of Business According to Which