Examlex
Labor unions and shareholders are external stakeholders.
Normative Statement
Assertions or opinions that express what ought to be, involving value judgments and cannot be tested or verified.
Positive Statement
An objective statement based on factual information that can be tested and validated, often used in economics to describe what is happening without judgment of desirability.
Tax on Beer
A specific tax imposed on the sale of beer, generating revenue for the government and sometimes used to discourage excessive consumption.
College Students
Individuals enrolled in an institution of higher learning to pursue a degree or certification.
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