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Who are the people within the stakeholder realm of social responsibility?

User Rohit Agre
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Final answer:

Stakeholders are individuals or groups with an interest in or who are affected by a company's actions, including employees, customers, shareholders, and local communities.

Step-by-step explanation:

The people within the stakeholder realm of social responsibility are those with an interest in or who may be affected by a company's or organization's actions. This includes a wide array of individuals and groups, such as employees, customers, suppliers, local communities, and shareholders. In the context of business operations, stakeholder theory posits that companies should consider the interests and well-being of all stakeholders when making decisions, not just the desires of shareholders. For instance, in a design project, stakeholders can comprise end-users, the design team, government agencies overseeing regulatory compliance (like the EPA), and businesses that provide the necessary inputs or services for the product. When companies embrace social responsibility, they acknowledge their broader impact on society and aim to balance the needs and desires of the community with corporate activities and goals.

User Creative Magic
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