Which of the Following Statements Is True Concerning Secondary Stakeholders

question 56

Multiple Choice

Which of the following statements is True concerning secondary stakeholders?

• A) Secondary stakeholders are those who have only an indirect stake in the corporation, but who are affected by corporate activities.
• B) Secondary stakeholders may include non-governmental organizations (like Greenpeace) and trade associations.
• C) Because the corporation's relationship with each of these stakeholders is usually not covered by any written or verbal agreement, there is room for misunderstanding.
• D) Aside from competitors, secondary stakeholders are not usually monitored by the corporation in any systematic fashion.
• E) all of the above

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Definitions:

Tax Shifting

The process whereby the economic burden of a tax is passed from one group to another, such as from producers to consumers.

Excise Tax

A charge on the manufacturing, trading, or utilization of a product within a country.

Tax Burden

The Tax Burden represents the total amount of taxes paid by individuals or businesses, often expressed as a percentage of income or GDP.

Tax Burden

The measurement of the total amount of taxes imposed on an individual or business by the government, representing the financial impact of taxation.