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What does corporate citizenship as a social responsibility theory in business imply?

What is "corporate citizenship" as a social responsibility theory in business? A. Businesses have a responsibility solely to its stakeholders, and should strive to maximize their well-being.

What is corporate citizenship as a social responsibility theory in business quizlet?

Corporate citizenship. A theory of social responsibility that says a business has a responsibility to do good. Corporate social audit.

Is social responsibility in business refers to maximizing the visibility of social involvement?

Social responsibility in business refers to maximizing the visibility of social involvement. No. Social responsibility refers to an organization's obligation to maximize its positive impact on society and minimize the negative impact.

Is a theory of social responsibility stating that a corporation owes a duty to take actions that maximize profits for stakeholders?

The stockholder theory holds that the social responsibility of a company is to earn profits for its stockholders and argues that this is actually an important social responsibility with vast consequences.