Asked by Aaron Russell on Jul 27, 2024
Verified
Which of the following is a stakeholder of a corporation?
A) The stock exchange where the corporation is listed
B) The currency exchange for foreign corporations
C) Competitors of the corporation
D) Suppliers of the corporation
Stakeholder
An individual or group that has an interest in any decision or activity of an organization, including employees, customers, and investors.
Corporation
A legal entity that is separate and distinct from its owners, providing limited liability to its shareholders.
Suppliers
Suppliers are businesses or individuals that provide products or services to other businesses or consumers, typically as part of a supply chain.
- Identify stakeholders and address the agency problem in corporate governance.
Verified Answer
AG
Amathyst GuillenJul 28, 2024
Final Answer :
D
Explanation :
Suppliers of the corporation are considered stakeholders because they have a direct relationship and impact on the corporation's operations and success. The other options are not stakeholders as they do not have a direct relationship with the corporation.
Learning Objectives
- Identify stakeholders and address the agency problem in corporate governance.