Which of the Following Statements About a Firm's Stakeholders Is

question 92

Multiple Choice

Which of the following statements about a firm's stakeholders is true?

• A) Irrespective of whether the stakeholders are internal or external, the claims and interests of all stakeholders are the same.
• B) As the legal owners, employees in a public-stock company have the most legitimate claim on a company's profits.
• C) Within stakeholder groups there can be significant variation in the power a stakeholder may exert on a firm.
• D) Only internal stakeholders make specific contributions to a firm, which in turn provides different types of benefits to the external stakeholders.

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Definitions:

Implicit Theories

Beliefs or assumptions that individuals hold about how certain traits or abilities can change over time; these often guide behavior and interpretations of oneself and others.

Achievement Domains

Relate to specific areas or fields where an individual can accomplish, succeed, or excel, such as academics, sports, or the arts.

S-R Association Theory

A psychological theory suggesting that behavior is a result of the association between stimuli (S) and responses (R) learned through conditioning.

Social Learning

The process of learning behaviors through the observation of others, essential in understanding how people acquire new behaviors.