PRC-3 · Chapter 1 · Question 8 of 61
The local municipal council is monitoring a nearby chemical plant to ensure it complies with emission laws. How is the municipal council classified as a stakeholder?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) External stakeholder
Explanation
External stakeholders, like governments and local communities, are not directly connected through employment or finance but are impacted by or regulate the business.
More Nature of Business MCQs
- Q10A local community group is highly concerned about the noise from a new construction project but has little legal power to stop it. Under…
- Q11A newly established airline company provides domestic flight services. According to business classifications, what type of offering is the…
- Q12The board of directors at Horizon Pharmaceuticals states their core purpose is 'To improve global health by creating accessible…
- Q13A regional manager at a retail chain aims to 'reduce customer wait times by 15% before the end of the third quarter.' What is this an…
- Q14A commercial agricultural business utilizes vast tracts of soil, tractors, hired workers, and the owner's risk-taking ability. Which…
