New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    What is the ethical responsibility of boards regarding

    stakeholder engagement?
    A Ignoring the interests of stakeholders Correct Answer Incorrect Answer
    B Balancing the interests of various stakeholders and promoting practices that consider the impact of the company's activities Correct Answer Incorrect Answer
    C Promoting practices that harm stakeholders Correct Answer Incorrect Answer
    D Disregarding stakeholder concerns Correct Answer Incorrect Answer

    Solution

    Explanation: Boards have an ethical responsibility to balance the interests of various stakeholders and promote practices that consider the impact of the company's activities.

    Practice Next

    Relevant for Exams: