Because they are a crucial component of a firm's success, customers are considered internal stakeholders.

Answer the following statement true (T) or false (F)


False

Internal stakeholders include employees (including executives, managers, and workers), stockholders, and board members. External stakeholders include customers, suppliers, alliance partners, creditors, unions, communities, governments at various levels, and the media.

Business

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Answer the following statements true (T) or false (F)

1.Bonded warehouses and foreign trade zones have the effect of allowing domestic importers to prorate their input duties over time. 2.A country whose imports of a product constitute a very small portion of the world market supply of that product is a price taker. Thus, this country faces a constant world price for the imports of this product. 3.Graphically, consumer surplus is the area above the demand curve and below the product's market price. 4.Producer surplus is the revenue producers receive over and above the minimum necessary for production. 5.For a "small" country, a tariff raises the domestic price of an imported product by the full amount of the tariff. a. True

Business

Information useful for formulating a data analysis strategy is not readily available on the internet

Indicate whether the statement is true or false

Business

Which of the following statements best represents when an organization can begin to focus on its discretionary or philanthropic responsibilities?

A. An organization should pursue discretionary responsibility even when it is not meeting its economic requirements. B. An organization should pursue discretionary responsibility after it meets its economic, legal, and ethical responsibilities. C. An organization should pursue discretionary responsibility as long as it is meeting its economic requirements. D. An organization should pursue discretionary responsibility above legal responsibility.

Business

Which of the following is an incorrect match?

a. Continuous process ? Beer bottling b. Assembly line ? Auto repair shop c. Job shop ? Machine shop d. Batch ? Paint manufacturing

Business