Which of the Following Statements Is(are)correct About Stakeholders' Power

question 41

Multiple Choice

Which of the following statements is(are) correct about stakeholders' power?

• A) Different stakeholders have different types and degrees of power.
• B) Stockholders' voting power is limited to the percentage of stock owned by the stockholder.
• C) It uses resources to achieve a desired decision or outcome.
• D) All of the above.

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Definitions:

External Benefit

A benefit that an individual or firm confers on others without receiving compensation.

Household Production

The creation of goods and services within a home for personal use, employing family labor and resources.

Child Care

The care and supervision of a child or multiple children at a time, whose ages can range from two weeks to eighteen years. Child care is the action or skill of looking after children by a day-care center, nannies, babysitter, teachers, or other providers.

Private Goods

Products and services that are exclusive and distinctly owned, with their use limited to the owner or individuals who have permission.