An organization with a purpose beyond profitability, interdependence with stakeholders, conscious leadership and conscious culture is practicing:
A) Corporate deviance
B) Conscious capitalism
C) Shareholder responsibility
D) Attentional hyperactivity
E) Positive deviance

Question

Quizplus · Accepted Answer

Conscious capitalism refers to an approach in which an organization aims to achieve a higher purpose beyond profitability, recognizes the interdependence of all stakeholders (including employees, customers, suppliers, and communities), and has conscious and ethical leadership and culture. This approach focuses on creating value for all stakeholders and promoting sustainable and socially responsible business practices. Corporate deviance refers to unethical or illegal behavior by organizations, shareholder responsibility is a narrower concept that focuses on maximizing returns for shareholders, attentional hyperactivity is a medical condition related to ADHD, and positive deviance refers to the idea of finding innovative solutions to social or business challenges by identifying and learning from individuals or groups who have succeeded in the same context despite facing similar constraints.

An Organization with a Purpose Beyond Profitability, Interdependence with Stakeholders