Which of the following statements is not true concerning secondary stakeholders?
A) Secondary stakeholders are those who have only an indirect stake in the corporation, but who are affected by corporate activities.
B) Secondary stakeholders may include non-governmental organizations (like Greenpeace) and trade associations.
C) Because the corporation's relationship with each of these stakeholders is usually not covered by any written or verbal agreement, there is room for misunderstanding.
D) Aside from competitors, secondary stakeholders are not usually monitored by the corporation in any systematic fashion.
E) Secondary stakeholders have sufficient bargaining power to directly affect the corporation's activities.

Question

Quizplus · Accepted Answer

The statement that secondary stakeholders have sufficient bargaining power to directly affect the corporation's activities is not true. While they may be indirectly affected by corporate activities, they typically do not have the same level of power or influence as primary stakeholders (such as shareholders or customers) and therefore cannot directly affect the corporation's activities.

Which of the Following Statements Is Not True Concerning Secondary