There Are Many Different Stakeholders Found in an Organization

question 17

Multiple Choice

There are many different stakeholders found in an organization. Stakeholders drive business strategies, and depending on the stakeholder's perspective, the business strategy can change. Which of the following is a main concern for employees?

• A) Exceptional customer service
• B) Fair compensation
• C) Professional associations
• D) Reliable contracts

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Definitions:

American National Standards Institute

An organization that oversees the creation, promulgation, and use of thousands of norms and guidelines that directly impact businesses in nearly every sector.

Preconstruction Review

An assessment process conducted before the start of a construction project to ensure compliance with relevant codes and regulations.

Utility's Equipment

The apparatus and devices owned by a utility company, used in the generation, transmission, and distribution of utilities like electricity, gas, and water.

Punitive Damages

Financial compensation awarded to a plaintiff, exceeding simple compensation, to punish the defendant for egregious behavior.