Primary stakeholder groups are defined as "those who influence or affect, or are influenced or affected by, the corporation, but they are not engaged in transactions with the corporation and are not essential for its survival."

Question

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Primary stakeholder groups are those who have a direct relationship with the corporation and are essential for its survival, such as customers, employees, shareholders, and suppliers. The statement describes secondary stakeholder groups.

Primary Stakeholder Groups Are Defined as "Those Who Influence or Affect