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The four categories of stakeholders of a firm are:Question 1Select one:a.Organizational, capital market, product market, and social marketb.Organizational, capital market, employee market, and environmental marketc.Capital market, product market, employee market, and social marketd.Product market, social market, employee market, and environmental market

Question

The four categories of stakeholders of a firm are:Question 1Select one:a.Organizational, capital market, product market, and social marketb.Organizational, capital market, employee market, and environmental marketc.Capital market, product market, employee market, and social marketd.Product market, social market, employee market, and environmental market

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Solution

The four categories of stakeholders of a firm are:

c. Capital market, product market, employee market, and social market

Explanation:

  1. Capital Market Stakeholders: These are the individuals or organizations that have invested in a company or have the potential to do so. This includes shareholders, bondholders, and potential investors.

  2. Product Market Stakeholders: These are the individuals or organizations that are involved in the buying, selling, or use of the company's products. This includes customers, competitors, and suppliers.

  3. Employee Market Stakeholders: These are the individuals who work for the company. This includes all levels of employees from the CEO to the entry-level workers.

  4. Social Market Stakeholders: These are the individuals or organizations that are impacted by the company's actions in a societal context. This includes the local community, non-profit organizations, and government entities.

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