Asked by Haimanti Bhattacharyya on May 07, 2024
Verified
How does an organization interact with its society stakeholders?
A) by obeying local laws and regulations
B) by being committed to community relations
C) through employee volunteerism
D) by acting socially responsible to protect the environment
E) by doing all or any of the above
Society Stakeholders
Individuals or groups that are impacted by or can impact the activities of a business, including customers, employees, investors, and the local community.
Socially Responsible
Conducting oneself or one's business in a manner that considers and respects ethical, environmental, and community values.
Community Relations
The efforts an organization undertakes to manage and improve its relationships and interactions with the communities in which it operates.
- Recognize the link between the procedures of organizations and their effects on the social environment.
Verified Answer
NP
Nathan PowersMay 11, 2024
Final Answer :
E
Explanation :
An organization interacts with its society stakeholders through various means such as obeying local laws and regulations, being committed to community relations, engaging in employee volunteerism, and acting socially responsible to protect the environment. Doing all or any of the above options can help organizations foster positive relationships with their society stakeholders, which can lead to increased trust, goodwill and support for their business activities. Therefore, it is best for organizations to engage in multiple strategies to interact with their society stakeholders effectively.
Learning Objectives
- Recognize the link between the procedures of organizations and their effects on the social environment.