Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Taunton Coffeehouse is a popular city coffeehouse in a high traffic area for commuters. They are unable to expand the size of the coffeehouse and

Taunton Coffeehouse is a popular city coffeehouse in a high traffic area for commuters. They are unable to expand the size of the coffeehouse and decided to open 2 additional locations nearby. Two of the longer tenured employees were promoted to run the new locations. The employees have great people (soft) skills, but have not managed a group of employees. The owner of Taunton Coffeehouse is concerned that the reputation of the shop will be harmed if the two new locations are poorly run. Which one of the following statements is true about external stakeholders and Taunton Coffeehouse? Available answer options Select only one option A Taunton's external stakeholders are defined by their business relationship with the coffeehouse and have no influence over business decisions. B The external stakeholders of most concern for Taunton are the employees of the two new locations. C Prospective customers for the new locations are external stakeholders and can have some influence over Taunton without having a direct business relationship with them. D External stakeholders will determine the nature of Taunton's most valuable asset, revenue, but do not need to know the organization's mission

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Retailing Management

Authors: Michael Levy, Barton A Weitz

7th Edition

0073381047, 9780073381046

More Books

Students also viewed these General Management questions