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Jason Blakley
on Dec 13, 2024

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The residents of Alaska and people throughout the world were outraged when the Exxon Valdez crashed into a shoal and dumped millions of gallons of crude oil into the pristine waters of Prince William Sound. The company was slow to admit its mistake and even slower to implement cleanup activities. Exxon was criticized for acting in a manner that would benefit the organization but not society. In short, Exxon did not demonstrate

A) social responsibility.
B) value consciousness.
C) green marketing.
D) profit responsibility.
E) cause marketing.

Social Responsibility

The obligation of an organization to act in ways that serve both its own interests and the interests of its stakeholders, encompassing concerns for the environment, ethics, and the wellbeing of the society.

Prince William Sound

A region in the Gulf of Alaska known for its rich wildlife, fishing industry, and as the site of the Exxon Valdez oil spill in 1989.

Crude Oil

A natural, unrefined petroleum product composed of hydrocarbon deposits and other organic materials.

  • Understand the intricacies of social responsibility in the framework of global and local initiatives by corporations.
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Morgan BurtonDec 16, 2024
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