Stakeholders Who Are Affected by the Production and Marketing of Poor

question 57

Multiple Choice

Stakeholders who are affected by the production and marketing of poor quality products include:

• A)stockholders,employees,and customers.
• B)suppliers and creditors,but not distributors.
• C)only stockholders,creditors,and owners.
• D)suppliers and distributors,but not customers.
• E)only stockholders and organizational executives and managers.

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Definitions:

Deadweight Losses

Deadweight Losses represent the inefficiency in the market caused by, for example, taxes or monopolies, resulting in a loss of economic efficiency when the optimal quantity of goods or services is not produced.

Cleaner Technologies

Cleaner technologies encompass innovative tools, methods, and practices designed to minimize environmental impact, particularly through reduced pollution and resource consumption.

Private Solutions

Individual or business-driven approaches or measures taken to resolve issues without the need for government intervention.

Externalities

Externalities are the positive or negative effects of economic activities on third parties that are not reflected in the cost of the goods or services involved.