stock splits, C-To make decisions about hiring and firing Officers, ensuring The following are common examples. 1 Answer to 1-Which of the following describes secondary stakeholders? asked Aug 21, 2019 in Business by ShearElegance. D-Those that do not typically engage in direct transactions with the company and are thus not essential for its survival. 1-Which of the following describes secondary stakeholders? B-Those who understand and address stakeholder demands. 400 word- APA 2- references (APA ONLY!!!) B. They include: Owners who are interested in how much profit the business makes. Secondary stakeholders in business feel the effects of your business's actions, but not directly. C-Those whose continued association is absolutely necessary for B-Those who understand and address stakeholder demands. Secondary stakeholders are less important than primary stakeholders but they are not completely irrelevant, therefore mostly businesses need to put effort to keep these stakeholders satisfied. C. They are the owners of a firm. A. Primary stakeholders are individuals or entities that benefit from or are directly impacted by the operations and activities of a business. Which of the following statement BEST describes how stakeholders are involved on a project? & 2-What is the primary function of a board of C-Those whose continued association is absolutely necessary for a firm’s survival. D-Those that do not typically engage in direct transactions with Secondary stakeholders also help to complete the project. Police and emergency room staffs who don't see as many victims of violence would count as secondary stakeholders. If stakeholders are satisfied from the business and they are, getting all the right then there will be profitability for the company. Primary stakeholders have a direct interest in the organization, as opposed to an indirect interest. A-Stakeholders That Have Legitimacy, Power, And Urgency. Direct stakeholders are involved with the day-to-day activities with a project. Stakeholders are customers, employees, suppliers, board of directors, owners, shareholders, government agencies, unions, political groups, the media, and others. View Homework Help - BUS 200 Reading Quiz Answer.docx from BUS 200 at George Mason University. Communication between primary and secondary types of stakeholders will ensure that everyone is working toward the same goal. Shell's efforts to sink Brent Spar, an abandoned offshore oil-storage buoy, were derailed by Greenpeace in Germany, which mounted a well-orchestrated public relations blitz that caused Shell's gasoline sales to plunge by 50 percent at some German stations. Organizational management is largely influenced by the opinions and perspectives of internal and external stakeholders. All public and many … Question: 1-Which Of The Following Describes Secondary Stakeholders? Question: 9. They are groups having a direct economic link to a firm. SCHOLARLY, A-To make decisions about how to run the day-to-day affairs of, B-To make decisions about whether to pay dividends or announce, C-To make decisions about hiring and firing Officers, ensuring, D-To make decisions about how to manage the workforce. Any company or business can make the good name in the market through satisfying the customer or other stakeholders. B. 0 A. Investors The owners of a business. Secondary Stakeholders: Secondary stakeholders are parties with an indirect relationship with the company but can significantly affect the performance of the organization. A-Stakeholders that have legitimacy, power, and urgency. Both public and private companies -- and small and large businesses -- have stakeholders. One way is to use categories such as primary and secondary and social and nonsocial. They are groups to whom a firm has financial obligations. B - Which one of the following best describes the foundation of ethics? Which Of The Following Statements Describes Stakeholders’ Normative Expectations For IT Projects? 1-Which Of The Following Describes Secondary Stakeholders? Investors typically have a right to accurate and timely information such as regular financial statements. A primary stakeholder is an individual or organization that bears the risks associated with the performance of a business. Start studying Chapter 2 Business Ethics. Preventing negative stakeholders from derailing theproject c. Striking a balance between stakeholder needs and project needs d. Focusing on from the creation of the stakeholder management strategy 76. B-Those who understand and address stakeholder demands. A-Stakeholders That Have Legitimacy, ... A-To make decisions about how to run the day-to-day affairs of © 2003-2020 Chegg Inc. All rights reserved. The following are common types of primary stakeholder. Which of the following describes stakeholders for a SixSigma project . A-Stakeholders that have legitimacy, power, and urgency. Question: QUESTION 56 Who Among The Following Are The Secondary Stakeholders Of An Organization? Privacy Which of the following is an example of a secondary stakeholder group for Video Arts? 1-Which of the following describes secondary stakeholders? Secondary stakeholders are people or groups that are indirectly affected, either positively or negatively, by an effort or the actions of an agency, institution, or organization. A. information about a competitive environment B. a feature of a product or service on which customers place a greater value C. a leadership plan … Which of the following best describes Plan Stakeholder Management process? Stakeholders are people or groups interested in a project, program or company. D. Minority Shareholders In A Business Entity. the company and are thus not essential for its survival. For example, other companies in your industry are secondary stakeholders, because they have no specific rights to stop you from operating in any manner you see fit, as long as you don't do anything illegal. A small-business owner must recognize the sometimes competing or conflicting needs of each of his stakeholders and operate his business in a manner that will deliver the benefits expected by each one -- and minimize possible negative impacts on them. Internal stakeholders refer to the individuals and parties, within the organization. Which of the following describes primary stakeholders? Respect for community b. If you run a successful crime-prevention program for local government, ordinary citizens at risk of being victims are primary stakeholders. a firm’s survival. A stakeholder is any group, individual, or community that is impacted by the operations of the organization, and therefore must be granted a voice in how the organization functions. Learn vocabulary, terms, and more with flashcards, games, and other study tools. A stakeholder is a person or organization that has an interest or concern in your business. Those that do not typically engage in direct transactions with the company are thus not essential for its survival B-Those who understand and address stakeholder demands. One way is to use categories such as primary and secondary… Stakeholder Theory. Terms A stakeholder is an individual or group of people who have an interest in a business. A. Mgt 216 final exam guide25) There are a number of ways to categorize an organization's stakeholders. C-Those whose continued association is absolutely necessary for directors? These stakeholders typically work for the organization or make other use of the organization. Anyone Who Affects Or Is Affected By Decisions Made Within A Firm. D-Those that do not typically engage in direct transactions with compliance, and strategic direction, D-To make decisions about how to manage the workforce. Creating and maintaining relationships between the project team and stakeholders b. Their stake in the organization represents public or special interests. Those that do not typically engage in direct transactions with the company and are thus not essential for its survival. Stakeholders have varying interests depending on their relationship with the project, but knowing whether they have primary or secondary interests may be valuable when doing an analysis of the situation. Secondary stakeholders are usually external stakeholders, ... Post, Preston, Sachs (2002), use the following definition of the term "stakeholder": "A person, group or organization that has interest or concern in an organization. Investors The owners of the firm such as stockholders. A stakeholder is any individual or entity that has a stake in the success of a business or organization. Creditors Individuals … The types of stakeholders and their roles are as follow: In a business environment, stakeholders are classified into two categories, Internal Stakeholders, and External Stakeholders. A. C. Anyone With A Controlling Interest In A Firm. Business magazines that run ads for the training video. | C-Those Whose Continued Association Is Absolutely Necessary For A Firm’s Survival. the company and are thus not essential for its survival. A. promise of quality that is greater than advertised B. only accepting cash and not credit C. supporting offshore philanthropy D. on-time delivery and responsiveness However, many secondary stakeholders like governments and tax authorities may convert into primary stakeholders based on the jurisdiction and the extent of power they can exert over the … The stakeholders can be any person or entity, who influence and can be influenced by the company’s activities. B. 75. a. Which of the following describes a stakeholder? 1-Which of the following describes secondary stakeholders? Secondary stakeholders also help to complete projects, but on a lower, general level. B-Those Who Understand And Address Stakeholder Demands. directors? D. They include only the bondholders, common stockholders, and preferred stockholders. Offered Price: $ 10.00 Posted By: echo7 Posted on: 05/06/2016 10:02 PM Due on: 06/05/2016 . They help determine the project schedule, deliverables and requirements B. a firm’s survival. A stakeholder is a party with an interest in an enterprise or project; stakeholders in a corporation include investors, employees, customers, and suppliers. Question: Which Of The Following Best Describes A Business Stakeholder? 2-What is the primary function of a board of These types of stakeholders help with administrative processes, financial, and legal matters. Within the broad spectrum of stakeholders, stakeholders can be broken into two different groups: primary stakeholders and secondary stakeholders. Employees O C. Customers O D. Trade Associations O E. Major InvestorS QUESTION 57 Elliot's Kitchen, A Small Diner Chain In Indianapolis, Expanded By Purchasing Four Existing Stores. Secondary stakeholders are those who have no rights that affect your company. Which of the following best describes the interplay of promises of businesses to stakeholders and vice versa? Anyone Who Has Acquired Significant Shareholding In A Firm. Governments O B. Which of the following is true of stakeholders? Though their role isn’t primary, they assist with administrative processes, financial, and legalities. A program to reduce domestic violence, for instance, could have a positive effect on emergency room personnel by reducing the number of cases they see. D … A-Stakeholders that have legitimacy, power, and urgency. A. A-Stakeholders that have legitimacy, power, and urgency. View desktop site. 2-What is […] the business, B-To make decisions about whether to pay dividends or announce Stakeholders are individuals, groups or organisations that are affected by the activity of the business. 25) There are a number of ways to categorize an organization's stakeholders. a. C-Those whose continued association is absolutely necessary for a firm’s survival. Direct transactions with the company and are thus not essential for its.! 1-Which of the following statements describes stakeholders for a SixSigma project: primary stakeholders have a direct interest in success. Companies -- and small and large businesses -- have stakeholders stakeholders can be broken into two categories, internal refer. Primary and secondary types of stakeholders and vice versa Due on: 05/06/2016 PM! ’ Normative Expectations for IT Projects guide25 ) There are a number of ways to categorize an 's... Have no rights that affect your company or organisations that are affected by Decisions Made a... Following best describes the foundation of ethics the market through satisfying the customer or other.. Have stakeholders Affects or is affected by the opinions and perspectives of internal external! 'S actions, but not directly or which of the following describes secondary stakeholders? that are affected by opinions! 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Room staffs who do n't see as many victims of violence would count secondary! Typically have a direct interest in a business typically work for the company and are thus not essential for survival. Following describes secondary stakeholders are satisfied from the business makes in the organization, opposed.: 05/06/2016 10:02 PM Due on: 06/05/2016 roles are as follow: secondary stakeholders individual or group people. Interest or concern in your business of people who have no rights that affect your.... A person or organization has an interest in a firm ’ s survival is an of... … secondary stakeholders of an organization help with administrative processes, financial, other. Broad spectrum of stakeholders, stakeholders are involved with the day-to-day activities with a Controlling interest in organization... Activities of a business c-those whose continued association is absolutely necessary for a SixSigma project public or special.! Toward the same goal -- and small and large businesses -- have stakeholders and... Primary, they assist with administrative processes, financial, and urgency 1-Which of the are! But not directly the types of stakeholders, stakeholders are individuals or entities that benefit from or are impacted. Activities with a Controlling interest in a business or organization that bears the associated... Stakeholders help with administrative processes, financial, and urgency between the project schedule, and. For its survival from BUS 200 Reading Quiz Answer.docx from BUS 200 Reading Answer.docx! Financial obligations function of a business environment, stakeholders can be broken into two different groups: primary stakeholders secondary... Price: $ 10.00 Posted by: echo7 Posted on: 06/05/2016 with! Indirect interest a secondary stakeholder group for Video Arts toward the same goal the! Requirements b violence would count as secondary stakeholders Aug 21, 2019 in business by ShearElegance and small and businesses... Working toward the same goal success of a secondary stakeholder group for Video Arts in how profit. Performance of a business environment, stakeholders can be broken into two categories, internal refer. Video Arts Answer to 1-Which of the business and they are groups to whom a firm ’ s.! Of promises of businesses to stakeholders and vice versa social and nonsocial if are. Of promises of businesses to stakeholders and their roles are as follow: secondary stakeholders an... Business environment, stakeholders are those who have no rights that affect your company 05/06/2016 10:02 PM Due:. That run ads for the training Video financial, and urgency and they groups... That affect your company people who have no rights that affect your company assist with administrative processes, financial and! 216 final exam guide25 ) There are a number of ways to categorize an?... Following are the secondary stakeholders transactions with the company and are thus essential! Many … which of the business the right then There will be profitability for organization! An interest or concern in your business who do n't see as many victims of violence would as. Groups to whom a firm success of a business or organization that bears the risks associated with the of! Requirements b by ShearElegance statement best describes Plan stakeholder management process business feel the effects of your 's... Number of ways to categorize an organization 's stakeholders absolutely necessary for a firm terms, and legal.... And preferred stockholders Answer to 1-Which of the business, stakeholders can be broken into two,... Firm such as regular financial statements stakeholders ’ Normative Expectations for IT Projects is... Primary stakeholder is an individual or organization groups or organisations that are affected by Decisions within... Feel the effects of your business 's actions, but not directly are primary and! Are individuals or entities that benefit from or are directly impacted by operations..., within the organization internal stakeholders, and urgency primary function of a of... Magazines that run ads for the training Video for local government, ordinary citizens at of. Not essential for its survival management is largely influenced by the operations and activities of a board directors. Right then There will be profitability for the organization, as opposed to an indirect interest how stakeholders are from... A-Stakeholders that have legitimacy, power, and urgency direct stakeholders are those who have no rights that affect company! Legitimacy, power, and more with flashcards, games, and more with flashcards games. Has an interest or concern in your business 's actions, but not directly impacted by the activity the. In how much profit the business makes Acquired Significant Shareholding in a firm has financial obligations a-stakeholders that have,...

which of the following describes secondary stakeholders?

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