Question

Which of the following examples best demonstrates the burden of the social contract that companies have with stakeholders?

A) A company maximizing shareholder profits without regard for environmental impact.
B) A company prioritizing employee well-being over customer satisfaction.
C) A company engaging in fair trade practices with suppliers.
D) A company neglecting community outreach initiatives.

Answer 1

The burden of the social contract that companies have with stakeholders is best demonstrated by a company maximizing shareholder profits without regard for environmental impact.

Step-by-step explanation:

The best example that demonstrates the burden of the social contract that companies have with stakeholders is option A) A company maximizing shareholder profits without regard for environmental impact.

In this example, the company prioritizes the interests of shareholders at the expense of the environment and potentially other stakeholders. The social contract that businesses have with stakeholders includes a responsibility to consider the impacts of their actions on the environment and the well-being of all stakeholders, not just shareholders.