Question

Secondary shareholders include all of the following except:

A) media.
B) employees.
C) local community groups.
D) nongovernmental organizations.
E) general business community.

Answer 1

The correct answer to the question is A) media, as they are not typically considered secondary shareholders in a company. Secondary shareholders usually have an indirect stake in the company's success, unlike the media.

Step-by-step explanation:

Secondary shareholders

are those with an indirect stake in a company's success, and they include a variety of entities. However, when we look at the list provided:

media

, employees, local community groups, nongovernmental organizations (NGOs), and the general business community, one of these groups is not commonly considered a secondary shareholder. The media typically reports on a company but does not have a stake in its operations or outcomes in the same sense that employees, local communities, NGOs, or the business community might. Therefore, the correct answer is

A) media

. It's important to distinguish between shareholders, individuals who own shares of a firm, and stakeholders, which encompass a broader group including shareholders but also many others affected by a company's operations.