Asked by Manda Gibbs on Jun 20, 2024
Verified
_________________ is the idea that because people live in a community, social rules should benefit the community.
A) The stakeholder interaction model
B) Consumer protection
C) The common good
D) Sustainability
E) Corporate governance
Common Good
The benefit or interests of all involved parties or the wider community, opposed to the interests of a select group.
Social Rules
Guidelines for behavior that are accepted by a group; they govern interactions among individuals within societies to maintain order.
- Research the components of corporate governance, noting its ethical conundrums and the model of interaction.
Verified Answer
NM
Nicolas MartinezJun 22, 2024
Final Answer :
C
Explanation :
The idea that social rules should benefit the community is most closely aligned with the concept of the common good. The stakeholder interaction model is a framework for understanding how different groups interact within a business context, consumer protection refers specifically to protecting individuals who purchase goods and services, sustainability focuses on environmental considerations, and corporate governance pertains specifically to the management and structure of corporations.
Learning Objectives
- Research the components of corporate governance, noting its ethical conundrums and the model of interaction.
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