Asked by Savannah Pulliam on Apr 24, 2024
Verified
___ refers to an organization's obligation to act in ways that serve its own interests as well as the interests of society at large.
A) A code of ethics
B) A moral code
C) A formal policy statement
D) Public accountability
E) Corporate social responsibility
Corporate Social Responsibility
A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.
Formal Policy Statement
An official document that outlines an organization's policies, procedures, and guidelines on specific issues.
Public Accountability
The obligation of organizations or individuals to explain their decisions and actions to the public and to take responsibility for them.
- Expound on the principles of corporate social responsibility, the power held by stakeholders, and the triple bottom line in the domain of organizational ethics.
Verified Answer
Learning Objectives
- Expound on the principles of corporate social responsibility, the power held by stakeholders, and the triple bottom line in the domain of organizational ethics.
Related questions
Stakeholder Power ...
Corporate Social Responsibility Is an Organization's Obligation to Behave Ethically ...
What Are the Components of the Triple Bottom Line ...
According to the Text,firms That Integrate Social and Environmental Goals ...
As a Realtor, Jason Knows That New Industry Regulations Require ...