... organization's commitment to run in an environmentally and economically sustainable manner while simultaneously acknowledging the interests of its stakeholders, that is, consumers, shareholders, employees, community, government and the environment. Also, groups such as trade unions, suppliers, competitors and business associates constitute the stakeholders to a business. Stakeholders' theory of social responsibility emphasizes a wide range of social ... (Beer, 1985). Development of employee is usually a shared responsibility of management and individual employees. Management has the respo...

• Word Count: 1760
• Approx Pages: 7
• Has Bibliography
• Grade Level: Graduate