Question: 1- Which of the following describes secondary stakeholders?
A- Stakeholders that have legitimacy, power, and urgency.
B- Those who understand and address stakeholder demands.
C- Those whose continued association is absolutely necessary for a firm's survival.
D- Those that do not typically engage in direct transactions with the company and are thus not essential for its survival.
2- What is the primary function of a board of directors?
A- To make decisions about how to run the day-to-day affairs of the business
B- To make decisions about whether to pay dividends or announce stock splits
C- To make decisions about hiring and firing Officers, ensuring compliance, and strategic direction
D- To make decisions about how to manage the workforce