Which of the following statements about stakeholders is true?
A)Employees are typically not classified as a stakeholder group.
B)All stakeholders are external to the organization.
C)Stakeholders have a stake in how well a company performs.
D)There are only three types of external stakeholders - customers, suppliers, and distributors.

Question

Quizplus · Accepted Answer

Stakeholders are individuals or groups who have an interest or concern in an organization. They can be both internal and external to the organization. Employees are definitely a stakeholder group because they have a direct interest and investment in the company's success. Additionally, stakeholders include customers, suppliers, investors, shareholders, government, local communities, and more. They all have a stake in how well a company performs because it can impact their own interests or concerns. Choice A and D are incorrect, and choice B is too narrow and incorrect.

Which of the Following Statements About Stakeholders Is True