Who Falls into the Category of External Stakeholders of an Organization

question 74

Multiple Choice

Who falls into the category of external stakeholders of an organization?

• A)Employees
• B)Customers
• C)Trustees
• D)Board of directors
• E)Stockholders

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Definitions:

Best Case Scenario

An optimistic projection where all conditions and inputs are viewed in the most favorable light, resulting in the highest expected outcome.

Project Analysis

The process of reviewing and evaluating a proposed project to determine its feasibility and potential profitability.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and generating profit.

Total Costs

The sum of all expenses incurred by a business in producing goods or services, including fixed and variable costs.