Stakeholder responsibility is the:
A.
obligation of a firm to price its goods or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit.
B.
duty of a firm to maximize profits for its owners or stockholders.
C.
view that an organization has an obligation to those constituencies that can affect achievement of its objectives.
D.
view that the first and foremost obligations of a firm is to meet the objectives set by its stockholders and board of directors.
Answer: C
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Marketing
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