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.

---

Definitions:

Problem-Solution Method

A strategy that identifies a problem and then proposes a solution, often used in sales, marketing, and product development.

Buyer

Describes an individual or entity that purchases goods or services.

Negotiator

A person skilled in discussing and arranging terms and agreements between parties with differing objectives.

Preparation

The act of making ready or being made ready for use or consideration.