What is the term given to the groups individuals and organizations that are directly affected by the practices of an organization?

35) What is the term given to the groups, individuals, and organizations that are directly affectedby the practices of an organization?A) primary agents of interestB) social auditorsC) senior managersD) organizational stakeholdersE) local communitiesAnswer:Explanation:D) Organizational stakeholders are the groups, individuals, and organizations thatare directly affected by the practices of an organization.D

Page Ref: 39Difficulty:EasyAACSB:Ethical understanding and reasoning abilitiesObjective:2.2Learning Outcome:Discuss the factors that influence decisions about organizational structureSkill:Concept36) Advertising for which of the following products is most likely to have ethical ramifications?EPage Ref: 45

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Difficulty:EasyAACSB:Ethical understanding and reasoning abilitiesObjective:2.3

Who are groups individuals and organizations that are directly affected by the practices of an organization and that therefore have an interest in its performance?

The answer is (A) Organizational stakeholders. Stakeholders are all the individuals, societies, and organizations that are affected by an organization's operations or influence it.

What term refers to the way in which a business tries to balance its commitments to groups and individuals in its social environment?

social responsibility. refers to the overall way in which a business attempts to balance its commitments to relevant groups and individuals in its social environment.

What are individual beliefs about what is right and wrong or good and bad referred to as?

Ethics, also called moral philosophy, is the discipline concerned with what is morally good and bad, right and wrong. The term is also applies to any system or theory of moral values or principles.

Are all the individuals or groups to whom a business has a responsibility group of answer choices?

Stakeholders are the individuals or groups to whom a business has a responsibility. The stakeholders of a business are its employees, its customers, the general public, and its investors.