Explain Why Customers Are Considered to Be the Most Critical

question 84

Essay

Explain why customers are considered to be the most critical stakeholder group. In your opinion, is this fair? Provide reasons for your answer.

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Definitions:

Multinational Corporation

A large company that operates in multiple countries around the world, beyond its home country.

Facilities

Buildings, equipment, services, and other resources provided for a specific purpose or activity.

Political Policies

Strategies and decisions made by a government or political party that guide the administration of a country and affect its citizens and economic conditions.

Emerging Market

a market in a country that has some characteristics of a developed market but is not fully developed, often characterized by rapid growth and increased investment opportunity.