Which of the Following Best Qualifies as a Firm's Internal

question 79

Multiple Choice

Which of the following best qualifies as a firm's internal stakeholder?

• A) An auditor assigned to the firm by a federal government agency
• B) A labor union with whom the firm's employees can affiliate
• C) A manager taking care of the firm's operations in a foreign market
• D) A competitor manufacturing the same products as that of the firm

Recognize the role of feedback in the communication process.

Understand the elements and key players in the communication process.

Acknowledge the influence of cultural differences on communication practices.

Recognize the difference between formal and informal communication channels.

---

Definitions:

Coffee

A brewed drink prepared from roasted coffee beans, the seeds of berries from certain Coffea species, consumed worldwide for its stimulating effects.

Donuts

A sweet, fried or baked pastry often shaped in rings or filled with various sweet fillings.

Price Ratio

Price Ratio is a comparative metric that divides the price of one good, asset, or commodity by another, often used to assess relative value or performance.

Diamond/Water Paradox

A paradox stating that (1) the things with the greatest value in use frequently have little or no value in exchange and (2) the things with the greatest value in exchange frequently have little or no value in use.