Question

Before liquidating, Circuit City took several actions to try to satisfy its stakeholders. Which of the following actions did Circuit City take?

1) capital market
2) product market
3) organizational
4) governmental

Answer 1

Circuit City took actions in the capital market and product market to satisfy its stakeholders.

Step-by-step explanation:

Circuit City took the following actions to try to satisfy its stakeholders:

1. Capital market: Circuit City borrowed through banks or bonds and sold stock to raise capital.
2. Product market: Circuit City reinvested profits into its products and services.
3. Organizational: The specific actions taken by Circuit City to satisfy stakeholders in this category are not provided in the information provided.
4. Governmental: The specific actions taken by Circuit City to satisfy stakeholders in this category are not provided in the information provided.