Local communities are stakeholders of organizations because communities

Question

A. rely on the products the companies produce.
B. rely on the tax base from companies and the jobs the company provides.
C. wish to join forces with organizations to create strategic alliances.
D. need a major corporate presence to maintain federal funding of the local highway system.
E. prefer products made by large multinational organizations over locally made products.

Answer 1

B. rely on the tax base from companies and the jobs the company provides.

Local communities are important stakeholders. Schools and municipal governments rely on the organization for their tax base. Families and merchants depend on its employee payroll for their livelihoods. In addition, everyone from the United Way to the Little League may rely on it for some financial support.