External Stakeholders

question 109

Multiple Choice

External stakeholders:

• A) are individuals or groups who own the business.
• B) include all employees, the board of directors, and stockholders.
• C) typically comprise customers, suppliers, lenders, etc.
• D) are individuals or groups who work for the business.

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Definitions:

Modeling

The act of demonstrating a behavior, attitude, or skill with the intent that others will observe and learn to emulate it.

Corporate Crime

Illegal acts committed by a company or its employees that are intended to enhance the company’s performance or profits.

Corporate Ethics

Principles and standards that guide behavior in the world of business, ensuring fairness, transparency, and integrity in all operations.

Internal Value Conflict

A psychological state in which an individual experiences a clash between two or more cherished beliefs or values, leading to discomfort.