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If a stakeholder provides raw material to a firm, what does he expect in return?

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Question

If a stakeholder provides raw material to a firm, what does he expect in return?

Options

  • Job security and continuity in service.

  • Atmosphere of healthy competition.

  • Safety of capital.

  • Fair and timely payments.

MCQ
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Solution

Fair and timely payments.

Explanation:

Suppliers who provide raw materials expect fair prices and regular, timely payment according to agreed credit terms, along with reasonable delivery terms and continued orders, so prompt, fair payment is their primary expectation.

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Chapter 1: Stakeholders in Commercial Organisations - EXERCISES [Page 10]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 1 Stakeholders in Commercial Organisations
EXERCISES | Q 38. | Page 10
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