A(n) ______ in an Organization Is (By Definition) Any Group

question 33

Multiple Choice

A(n) ______ in an organization is (by definition) any group or individual who can affect or is affected by the achievement of the organization's objectives.

• A)employee
• B)customer
• C)supplier
• D)stakeholder

---

Definitions:

Surety

A person or entity that takes responsibility for another's performance of an undertaking, such as fulfilling a contract.

Debt

An obligation to repay borrowed money or goods at a later date, often involving interest fees.

Payment

The transfer of money, goods, or services from one party to another as fulfillment of an obligation or settlement of a debt.

Subrogation

The legal process by which an insurance company, after paying a loss to its insured, acquires the insured's rights to pursue any third party responsible for the loss.