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