According to the theory of corporate social responsibility, any decision by corporate management should consider how an action affects the firm's
A)officers and employees only.
B)officers, shareholders, suppliers, customers, and community.
C)shareholders only.
D)profit only.

Question

Quizplus · Accepted Answer

The theory of corporate social responsibility (CSR) posits that companies should make decisions not only based on financial considerations but also on the social and environmental impacts of their actions. This includes considering the effects on a wide range of stakeholders such as officers, shareholders, suppliers, customers, and the community at large.

According to the Theory of Corporate Social Responsibility, Any Decision