Question

TUUN JUS1 Ulull. TRUE/FALSE 3. The employees of a production facility that produce parts for boats are meeting to discuss ways to control rising costs, which are affecting their bonus (incentive pay). The employees are internal stakeholders of the factory. TRUE/FALSE 4. Over the last two years, an American computer manufacturer has partnere with a technology organization in Japan to develop and produce computers and printers. The partnership benefits both organizations and is an example o countertrading. TRUE/FALSE 5. A greenfield venture is a strategic alliance with individuals and organizatic in developing nations; the venture's goals are to assist, educate, and share ti risks and rewards of starting a new nonprofit organization in the developing country TRUE/FALSE 6. Despite recent pressure from stockholders to increase profits, World Extra Corp., a global petroleum organization, has maintained a practice of consistently acting ethically by being a good global corporate citizen, takir host-country and global standards into consideration when making decisio and obeying the laws of host countries as well as international law. World Extraction Corp. provides an example of a company acting in a socially responsible way. TRUE/FALSE

Answer 1

3. The answer is true.

Stakeholders are the people who are involved in proper functioning of the company and the action of the company directly or indirectly affect their interest. Internal stakeholders refer to individuals who are involved in the operational activities of the organization directly. Example - employees, managers and owners. External stakeholders are individuals who influence the operational activities of the organization indirectly. Example - suppliers, creditors, government, etc.