The Price of a Bag of Corn Chips Is $3

question 403

Multiple Choice

The price of a bag of corn chips is $3, and the price of a bottle of soda is $1. What is the relative price of a bottle of soda?

• A) 1/3 bag of corn chips per bottle of soda
• B) $3
• C) 3 bags of corn chips per bottle of soda
• D) 33¢

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Definitions:

Power, Legitimacy, Urgency

Refers to the three attributes that define the level of stakeholder influence in a business context, emphasizing the importance of their claims.

Attributes of Stakeholders

Characteristics or qualities of individuals or groups who have an interest or stake in the outcome of a project or business.

Definitive Stakeholders

Key individuals or groups that have a direct and significant impact on or are significantly impacted by an organization's operations and decisions.

Power, Legitimacy, Urgency

A model used to prioritize stakeholders based on their possession of power, legitimacy in their relationship with the organization, and the urgency of their claims.