The Stakeholder Approach Recognises the Long-Term Interest of Not Only

question 15

Multiple Choice

The stakeholder approach recognises the long-term interest of not only shareholders but:

• A) management,employees,suppliers,customers,debt holders
• B) management,employees,customers,suppliers,trade unions
• C) competitors,employees,suppliers,customers,bankers
• D)government,employees,buyers,suppliers,debt holders

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Definitions:

CEO

Chief Executive Officer, the highest-ranking person in a company or organization, responsible for making major corporate decisions.

Top Management Team

A group of senior executives responsible for making the high-level strategic decisions within an organization, guiding its overall direction.

Factor Analysis

A statistical method used to identify underlying variables, or factors, that explain the pattern of correlations within a set of observed variables.

Chronological Age

The actual age of an individual or object, measured in years from the date of birth or inception.