Legitimacy is the acceptance by key stakeholders such as customers and suppliers that you are a genuine business that will still be in operation next year.

Name: Legitimacy is the acceptance by key stakeholders such as customers and suppliers that you are a genuine business that will still be in operation next year.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Legitimacy is indeed the acceptance by key stakeholders that a business is genuine and will continue operating in the future.

Legitimacy Is the Acceptance by Key Stakeholders Such as Customers