Question: 1- Which of the following describes secondary stakeholders?

A- Stakeholders that have legitimacy, power, and urgency.

B- Those who understand and address stakeholder demands.

C- Those whose continued association is absolutely necessary for a firm's survival.

D- Those that do not typically engage in direct transactions with the company and are thus not essential for its survival.

2- What is the primary function of a board of directors?

A- To make decisions about how to run the day-to-day affairs of the business

B- To make decisions about whether to pay dividends or announce stock splits

C- To make decisions about hiring and firing Officers, ensuring compliance, and strategic direction

D- To make decisions about how to manage the workforce