There Are Many Different Stakeholders Found in an Organization

question 97

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 partners/suppliers?

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

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Definitions:

Psychological Factors

Elements of human behavior and processes that affect an individual's decisions and actions, particularly in the context of purchase behavior.

Buying Decisions

The process or act of choosing to purchase a product or service based on various factors like need, desire, and affordability.

Social Factors

Elements that influence individuals' behavior and attitudes, including cultural, societal norms, and community influences.

Product Advantage

The benefits or superior features that make a product more desirable to consumers compared to competitors' offerings.