Question 57 1.7 points Stakeholders that are perceived to have high levels of power, legitimacy, and urgency are referred to as 0 . gh levels of power,legitimacy, and urgency are referrd a. definitive stakeholders b. discretionary stakeholders C. dormant stakeholders d. demanding stakeholders. Solution 57) Option 1 i.e. Definitive stakeholders- They possess all three attributes of power, legitimay and urgency and they should be given utmost attention. 54) Option C i.e. stakeholder approach. The four way by which businesses respond to social pressures are - Defensive approach, Cost benefit approach, Strategic approach and innovationa and learning approach..