The customers, employees, stockholders, suppliers, creditors, and others who stand to gain or lose by the policies and activities of a business represent the firm's:
A) market makers.
B) economic environment.
C) stakeholders.
D) social mentors.

Question

Quizplus · Accepted Answer

The term "stakeholders" refers to all parties who have a stake or interest in the success and performance of a business. This includes customers, employees, stockholders, suppliers, creditors, and others. Their gain or loss is directly affected by the policies and activities of the business, making them important stakeholders. Choice A is incorrect as "market makers" typically refer to entities that create liquidity and efficiency in financial markets. Choice B is too broad and refers to the entire economic context in which the business operates. Choice D is not a commonly used term in business.

The Customers, Employees, Stockholders, Suppliers, Creditors, and Others Who Stand