Examlex
The global economy can be viewed as a pyramid. The Triad represents:
Business Combination
The process of merging two or more companies into one entity, often to expand market share or integrate complementary assets.
Corporate Constituency
The various groups and individuals that a corporation interacts with and has obligations toward, including shareholders, employees, customers, and the community.
Stakeholder Laws
Regulations aimed at protecting the interests of all parties affected by a company's operations, not just its shareholders.
Staggered Terms
An arrangement where members of a governing body are elected at different times, so not all positions are up for election simultaneously.
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