My Learning Cart

Which of the following best describes the term 'stakeholders' in a business cont

Practice Questions

Q1
Which of the following best describes the term 'stakeholders' in a business context?
  1. Only the employees of a company
  2. Individuals or groups affected by the company's actions
  3. Only the shareholders of a company
  4. The government and regulatory bodies only

Questions & Step-by-Step Solutions

Which of the following best describes the term 'stakeholders' in a business context?
  • Step 1: Understand that 'stakeholders' are people or groups related to a business.
  • Step 2: Identify who can be affected by the business, like employees and customers.
  • Step 3: Recognize that stakeholders can also include those who can influence the business, like suppliers and the community.
  • Step 4: Conclude that stakeholders are important because they have a stake in the company's success or failure.
No concepts available.
School
School
College
College
Degree
Degree
Competitve
Competitve
Skills
Skills
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely