The stakeholder theory of corporate social responsibility:
a. considers the management of an organization as one of the stakeholders.
b. excludes customers and government agencies among stakeholders.
c. does not consider the owners of an organization as the stakeholders.
d. does not consider first-line employees of an organization as stakeholders.
ANSWER: a
Stakeholder theory says that social responsibility is paying attention to the interest of every affected stakeholder in every aspect of a firm's operation. It considers the management of an organization as one of the stakeholders.
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