The connections between stakeholder claims and the product market

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The paper examines the critical role of major stakeholders—including owners, employees, and regulatory bodies—in shaping business practices within the product market. It highlights how regulations, such as tariffs and taxes, significantly influence organizational performance. The author discusses the necessity of checks and balances by regulatory authorities to protect consumers and prevent unethical practices. Furthermore, it emphasizes the interconnectedness of stakeholder actions and their impact on product offerings and pricing strategies within the market.