Stakeholder responsibility refers to
A. the view that an organization has an obligation to those who can affect the achievement of its objectives.
B. the obligation of a firm to price its products or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit.
C. the duty of a firm to maximize profits for its owners or stockholders.
D. the concept that no expansion or additional research and development will occur until a company is making a profit.
E. the idea that organizations are part of a larger society and are accountable to that society for their actions.
Answer: a
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