Outside Stakeholders Include Shareholders, Managers, and the Workforce

question 25

True/False

Outside stakeholders include shareholders, managers, and the workforce.

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Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Environmental Forces

External factors such as political, economic, social, technological, legal, and environmental issues that can affect a business's operation and performance.

Marketing Managers

Individuals responsible for developing, implementing, and directing marketing strategies and campaigns to increase brand recognition and sales.

Environmental Forces

External factors such as social, economic, technological, competitive, and regulatory conditions that affect an organization's operations and strategic decisions.