As the vp of warranty claims in the andrews company, you and your team regularly review your insurance broker emails as a procedure to guard against insurance fraud. this review includes reviewing the emails of other vps. you just received a call from your boss who was furious that you reviewed her email. you responded that she is not alone; you review all emails of licensed brokers as matter of compliance. she demands you no longer review her emails remarking, if you can’t trust me, then we’re in trouble. who are the stakeholders for which you have primary obligations?

The company is the place of production activities and therefore the gathering of all factors of production. each company is registered with the govt. and a few don't seem to be. For firms registered with the govt., they need a business entity for the corporate.

Stakeholders are teams of individuals United Nations agency have AN interest within the company which will influence or be influenced by the actions of the business as an entire. Stakeholders are sorted into 2 specifically internal stakeholders and external stakeholders. Internal stakeholders embody the organization/industry itself, shareholders, business house owners, and workers. whereas external stakeholders embody customers, suppliers, competitors, investors, government, an area community in a part, the media, the final public, etc.

Every business starts as a result of a plan a couple of product or service by one or a lot of entrepreneurs. As explained earlier, entrepreneurship is the act of making, managing and managing a business. Entrepreneurs are important for developing new businesses as a result of they produce new merchandise (or improve existing products) that customers need.

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Class: high school

Subject: Business

Keywords: stakeholders, firms, business