The secondary stakeholders are constituents on whom the firm relies for its continuous survival and prosperity.

Question

Quizplus · Accepted Answer

Secondary stakeholders are those who indirectly affect or are affected by a company's actions, such as the media, trade associations, and special interest groups, but are not essential for its immediate survival like primary stakeholders (e.g., employees, customers, suppliers, shareholders).

The Secondary Stakeholders Are Constituents on Whom the Firm Relies