The Best Example of a Firm's External Stakeholder Is A(n)

question 43

Multiple Choice

The best example of a firm's external stakeholder is a(n)

• A) government agency that regulates the prices of products manufactured by the firm.
• B) board member from a wholly-owned foreign subsidiary of the firm.
• C) shareholder who has invested money in the firm but is not employed by the firm.
• D) employee of the firm who is responsible for a contract project.

---

Definitions:

Foreign Competition

The presence and impact of producers from other countries competing in a domestic market.

Anticompetitive Monopolist

A single seller in a market who uses their dominant position to prevent or reduce competition through unfair practices.

Antitrust Laws

Regulations established by governments to prevent large businesses from monopolizing certain markets, ensuring fair competition.

Industry Structure

The characteristics and organization of an industry, including the number and size of companies, entry barriers, and level of competition.