Which of the following statements about stakeholders is most accurate?
A)Ultimately the only stakeholder is the customer.
B)The organization doing the marketing, suppliers, shareholders, employees, and consumers are all potential stakeholders.Ultimately all of society should benefit.
C)Employees can be stakeholders only if they own shares in their company.
D)Suppliers are the most important stakeholders because without them, products could never reach the consumer.
E)The only way to be a stakeholder is to have a financial investment in a good, idea, or service.

Question

Quizplus · Accepted Answer

The most accurate statement about stakeholders is that the organization doing the marketing, suppliers, shareholders, employees, and consumers are all potential stakeholders, and ultimately all of society should benefit. This recognizes the various groups that have an interest in or are affected by the actions of the company, and acknowledges that the company has a responsibility to consider and serve the needs of all stakeholders, not just the customer or the shareholders. The statement that only employees who own shares can be stakeholders, or that financial investment is necessary to be a stakeholder, are both incorrect. And while suppliers are important stakeholders, they are not necessarily the most important, as other groups like employees, customers, and the broader community can also have significant stakes in the success or failure of a company.

Which of the Following Statements About Stakeholders Is Most Accurate