Societal Responsibility Refers to the

Societal responsibility refers to the

A) obligation of a firm to price their goods or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit.
B) obligation that organizations have (1) to the preservation of ecological environment and (2) to the general public.
C) view that an organization has an obligation only to those constituencies that can affect achievement of its objectives.
D) view that the first and foremost obligations of a firm is to meet the objectives set by its stockholders and Board of Directors.
E) view that a portion of profit (after taxes) should be reinvested in a socially or environmentally beneficial endeavor.