Any Group Within or Outside the Organization That Has a Stake

question 137

Multiple Choice

Any group within or outside the organization that has a stake in the organization's performance is called:

• A) a supplier.
• B) an international customer.
• C) a stakeholder.
• D) OPEC.
• E) a trade association.

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Definitions:

Duty To Indemnify

It is an obligation to compensate for loss, damage, or liability incurred by another, often specified within a contract.

Suffered While Acting

Experiencing harm or injury in the course of performing duties or actions.

Capacity To Act

The legal ability of a person to enter into contracts and engage in binding agreements.

Agent To Do

Refers to an individual or entity appointed to act on behalf of another (the principal) in dealings with third parties, within the scope of authority granted by the principal.