Which of the Following Is True of Stakeholders

question 23

Multiple Choice

Which of the following is true of stakeholders?

• A)Not every stakeholder is relevant in every business situation.
• B)The stakeholders of an organization are not affected by its unethical behavior.
• C)The cancellation of an organization's dividends has no impact upon stakeholders.
• D)Creditors are not considered the stakeholders of an organization.

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Definitions:

Innovation

The process of creating new ideas, products, or methods, which improve upon the existing standards and contribute to progress.

Survival

The act of continuing to live or exist, often despite hardship or danger.

Formalization

The extent to which an organization uses rules, procedures, and standardized processes to govern behaviors and decisions within the organization.

Innovative Unit

A dedicated group or department within an organization that focuses on developing new ideas or projects which can lead to innovation.