Societal Responsibility Refers to

Multiple Choice

Societal responsibility refers to

A) the obligation that organizations have to (1) the preservation of the ecological environment and (2) the general public.
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 view that an organization has an obligation to those who can affect the achievement of its objectives.
D) the duty of a firm to maximize profits for its owners or stockholders.
E) the idea that organizations are part of a larger society and are accountable to that society for their actions.