PRC-3 · Chapter 1 · Question 47 of 61
A company is applying for environmental permits. The Environmental Protection Agency (EPA) does not buy products from the company but enforces laws affecting it. The EPA is classified as a(n):
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) External stakeholder
Explanation
The government and its regulatory agencies are external stakeholders because they do not have a direct commercial link but influence the firm via laws.
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