Why Are Secondary Stakeholders Important to a Company

question 91

Multiple Choice

Why are secondary stakeholders important to a company?

• A)The company depends on them for long-term survival. 
• B)They can affect public perceptions and opinions. 
• C)The company is endangered by a termination of their relationship. 
• D)They have the direct power to control management decisions.

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Definitions:

Durkheim

A French sociologist, social psychologist, and philosopher who is best known for his works on social cohesion, the division of labor, and the concept of anomie.

Restorative Justice

A system of criminal justice that focuses on rehabilitating offenders through reconciliation with victims and the community at large.

Retribution

A principle of justice where the punishment of a criminal is proportionate to the offense committed, emphasizing the aspect of moral vengeance.

Revenge

The act of inflicting harm or punishment on someone for a wrong they have done.