Which One of the Following Parties Is Considered a Stakeholder

question 55

Multiple Choice

Which one of the following parties is considered a stakeholder of a firm?

• A) employee
• B) short-term creditor
• C) long-term creditor
• D) preferred stockholder
• E) common stockholder

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Definitions:

Organizational Structure

The system that outlines how certain activities are directed in order to achieve the goals of an organization, including rules, roles, and responsibilities.

Strong Corporate Vision

A clear, inspiring, and forward-looking statement or concept that guides an organization towards its future objectives and strategies.

Global Company

a business that operates in multiple countries around the world, often managing production, marketing, and distribution on an international scale.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.