As part of its strategic planning, a fast food corporation considers the societal effects of using poultry
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Question:
As part of its strategic planning, a fast food corporation considers the societal effects of using poultry treated with high levels of antibiotics in its supply chain. The Board of Directors ultimately instructs the officers to continue using the corporation's current poultry suppliers since the levels of antibiotics they use, while high, comply with the law and are very cheap.
According to stakeholder theory, did the corporation fulfill its duty?
- No, because the company is prioritizing profits over other social responsibilities.
- No, because the officers of the corporation are failing to fulfill their fiduciary duty to the Board and the corporate shareholders.
- Yes, because the corporation has a social contract to fulfill and must consider the impact of its actions on public health.
- Yes, because the corporation is not violating any laws.
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