Examlex
Which of the following statements is INCORRECT?
Discretionary Responsibilities
Obligations that an individual or organization chooses to undertake voluntarily, beyond what is legally or contractually required.
Demand Legitimacy
The validity and legitimacy of a stakeholder’s interest in the organization.
Stakeholder's Concerns
The issues or interests that stakeholders (individuals or groups affected by or with an interest in a company's operations) have in the actions and performance of an organization.
Corporate Governance
The system of rules, practices, and processes by which a company is directed and controlled, focusing on balancing the interests of stakeholders.
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