Asked by Janet Miller on Jun 10, 2024
Verified
Demand legitimacy
A) indicates the extent to which stakeholders need immediate attention.
B) refers to the managers' ability to maximize profits.
C) refers to the shareholders' ability to influence managers.
D) refers to the capacity of the stakeholder to positively or negatively affect the operations of the organization.
E) indicates the validity and legitimacy of a stakeholder's interest in the organization.
Demand Legitimacy
The perceived appropriateness and justification of a demand or request made by stakeholders based on societal norms and values.
Stakeholders
Individuals or groups with an interest or concern in the success of an organization, project, or endeavor, including employees, customers, investors, and the community.
Operations
The day-to-day activities and processes undertaken by a business to produce goods or provide services efficiently and effectively.
- Analyze the effects that business decisions have on both stakeholders and the larger community.
Verified Answer
Learning Objectives
- Analyze the effects that business decisions have on both stakeholders and the larger community.
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