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PRC-3 · Chapter 1 · Question 17 of 61

Why is the government considered a crucial external stakeholder for a commercial manufacturing business?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: C) It relies on business taxes and regulates employment and environmental laws

Explanation

The government is an external stakeholder because it regulates business activities (like health and safety) and relies on the taxes businesses generate.

All 61 questions in Chapter 1Nature of Business MCQs with answers

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