Which of the following best describes the term 'stakeholders' in a business environment?
Practice Questions
1 question
Q1
Which of the following best describes the term 'stakeholders' in a business environment?
Only the employees of a company
Individuals or groups with an interest in the company's performance
The government and regulatory bodies only
Competitors in the same industry
Stakeholders are individuals or groups that have an interest in the company's performance, including employees, customers, suppliers, and investors.
Questions & Step-by-step Solutions
1 item
Q
Q: Which of the following best describes the term 'stakeholders' in a business environment?
Solution: Stakeholders are individuals or groups that have an interest in the company's performance, including employees, customers, suppliers, and investors.