Customers,employees,stockholders And,suppliers Are Known as Creditors,and Others Who Stand to Gain

question 232

Multiple Choice

Customers,employees,stockholders and,suppliers are known as creditors,and others who stand to gain or lose by the policies and activities of a business represent the firm's:

• A)economic environment.
• B)market makers.
• C)stakeholders.
• D)social mentors.

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Definitions:

Memorization

The process of committing information to memory so that it can be recalled later, often through repetitive practice.

Ebbinghaus

refers to Hermann Ebbinghaus, a German psychologist known for his pioneering work in the study of memory, including the discovery of the forgetting curve and the spacing effect.

Free Recall

A process in memory testing in which a person must retrieve information without being provided with cues or prompts.

Social Security

A government system that provides monetary assistance to people with an inadequate or no income.