The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
Answer: Countries in the MORE HIERARCHICAL SOCIETIES
Explanation:
There are hierarchical societies in some nations of the world where compliance and almost blind obedience and followership is virtually above everything and everyone. In such countries, obedience is expected of you without asking so many questions. In these countries, asking questions or attempts to have a mind of your own can make you become isolated, despised or rejected if you don't comply or conform to others.
In these hierarchical societies, irrespective of how odd you think the actions of others are, you may generally be seen as a mischief-maker and will be immediately placed at the bottom of the society.
In the case of companies that are situated in these hierarchical societies, self-determination right is never encouraged. They generally believe that people will work for a company for the majority of their lives.
Global marketers such as PepsiCo have embraced technology that enables them to form better relationships and communicate with customers. one of the benefits of e-marketing that Pepsi enjoys is that marketers and customers can share information
<h3>What are
global marketers?</h3>
Generally, To achieve global goals, global marketing is described as "marketing on a global scale reconciling or utilizing global operational differences, similarities, and possibilities."
Global marketers like Pepsico have embraced technology because it helps them connect and engage with consumers more effectively. Pepsi profits from information sharing between marketers and consumers, which is one advantage of e-marketing.
Read more about Global marketers
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Answer:
c. drafting a contract illegally.
Explanation:
In the contracting process, a licensee must be careful to drafting a contract illegally. The licensee can be defined as an individual or group of people holding a license given to them by an authority or authorized agencies, to engage legally in an activity.
Hence, it is required by law that whatever the licensee does after the acquisition of a license must be legal and not a violation of standard rules, and policies of the state or society. Licensee are to abide by the terms and conditions of the license.
