Asked by Clayton Jarvis on Jun 20, 2024
Verified
Government regulators are a secondary stakeholder.
Government Regulators
Authorities or agencies responsible for enforcing laws, regulations, and ensuring compliance within specific industries or sectors.
Secondary Stakeholder
A party that is indirectly affected by a company's activities but is not engaged in transactions with the company. Their interests may still impact the company's decisions.
- Determine the key and ancillary stakeholders involved with an organization.
Verified Answer
CW
Christine WhippleJun 21, 2024
Final Answer :
False
Explanation :
Government regulators are considered primary stakeholders because they have a direct interest and influence on an organization's operations and compliance with laws and regulations.
Learning Objectives
- Determine the key and ancillary stakeholders involved with an organization.