Asked by Shalonda Lyons on May 04, 2024
Verified
What is the present level of agreement on the nature and scope of management's social responsibilities?
A) Wide-ranging disagreement
B) General agreement, except for labor unions
C) Moderate agreement
D) Complete agreement
E) General agreement in Europe, but not in the U.S. and Canada
Social Responsibilities
The obligations of individuals, organizations, and societies to act in ways that benefit the welfare of the community and environment beyond their own interests.
Wide-Ranging Disagreement
Refers to extensive or broad-based conflict of opinions or beliefs among individuals or groups.
- Gain insight into the international aspect of corporate social responsibility and differentiate its diverse areas.
Verified Answer
DM
Diana MadrugaMay 09, 2024
Final Answer :
A
Explanation :
There is currently wide-ranging disagreement on the nature and scope of management's social responsibilities, with different stakeholders having varying perspectives on the issue. Some argue that companies should prioritize maximizing shareholder value, while others believe that they should also consider the interests of other stakeholders such as employees, customers, and the environment. The lack of consensus on this issue makes it a highly debated topic in the business world.
Learning Objectives
- Gain insight into the international aspect of corporate social responsibility and differentiate its diverse areas.
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