A: A horizontal integration consists of companies that acquire a similar company in the same industry, while a vertical integrationconsists of companies that acquire a company that operates either before or after the acquiring company in the production process.
The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
Answer:
civil law
Explanation:
part of a country's set of laws which is concerned with the private affairs of citizens, for example marriage and property ownership, rather than with crime.
It is a business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.
<u>Explanation:</u>
The Bangkok treaty of 1901 contains the agreement between Britain and Bangkok to build a railways between Siam and Malayan. Britain was ready to loan a value of 4 Million pound with an interest of 4%.
Also according to the agreement Siam has given the control of four states Kedah, Kelantan,Trengganu and Perlis to Britain. The debts of these four states were borne by Britain. Even financial advisory by Britain did not improve these states. This treaty created a better Siamese and Britain relationship.
