Asked by Terriona Hamilton on Jun 03, 2024
Verified
The groups affected in some way by a company's actions are referred to as its ________.
A) actions
B) cliques
C) stakeholders
D) captive audience
Stakeholders
Individuals or groups that have an interest, investment, or impact on a project, organization, or outcome.
Captive Audience
A group of people who are compelled to listen or watch something, often because they are in a situation where they cannot avoid it.
- Understand the focus on the audience in business communication strategies.
Verified Answer
NG
Nicolette GutierrezJun 07, 2024
Final Answer :
C
Explanation :
The term "stakeholders" refers to a broad group of individuals or entities that may be affected by a company's actions. This includes shareholders, employees, customers, suppliers, communities, and even the environment. The concept of stakeholders emphasizes that companies have responsibilities beyond simply maximizing profits for their shareholders, and must consider the impact of their actions on a wide range of groups. Choices A, B, and D are not accurate descriptions of the term used to refer to groups affected by company actions.
Learning Objectives
- Understand the focus on the audience in business communication strategies.
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