The stakeholder approach to going green is a good illustration of social obligation because management protects stockholders' interests by following the basic legal requirements to protect the environment.

Question

Quizplus · Accepted Answer

The statement is incorrect. The stakeholder approach to going green is not just about protecting the interests of stockholders, but also takes into consideration the interests of other stakeholders such as employees, customers, suppliers, and the community as a whole. This approach goes beyond basic legal requirements and involves a sense of social responsibility towards the environment.

The Stakeholder Approach to Going Green Is a Good Illustration